Feeling overwhelmed at the thought of selling your house? You’re not alone. It’s even more daunting when your property needs repairs you can’t afford, and each month it just feels like you’re throwing more money into a home that’s not paying you back. It’s frustrating, You might be thinking, “How do I get out from under this without sacrificing all my hard-earned equity?”
For those who may be ready to sell yet can hold onto a house that is ready for rental for a few years longer, the rent-to-own scenario provides some perks that make Rent to Own in Lynchburg an option worth considering. There is a large buyer pool waiting for these opportunities, seeking to attain the lifestyle that homeownership affords before they’re ready for a mortgage.
In this guide, we’ll walk you through how rent-to-own works, why it might be the perfect fit for your situation, and how it can help you move forward with confidence, without taking a loss or dealing with endless repairs. Let’s dive in and see if this is the solution you’ve been looking for. Read on as we explore five benefits of selling your house via rent to own in Lynchburg
Equity
One of the biggest perks of selling your house through a rent-to-own agreement in Lynchburg is the opportunity to build equity over the duration of the contract. Imagine watching your investment grow while someone else helps take care of the property! By the time the sale is finalized, you could be looking at a significantly larger profit.
And here’s where it gets even better: selling directly to a local professional home buyer, like those at Linken Investments, can make this process even smoother. They’ll help you understand what kind of returns you can realistically expect. You’ll get clarity on the numbers and a plan tailored just for you. So why not explore how this option can benefit your situation?
Give us a call anytime 434-390-2906 or fill out the form here today!
Speed
Another great advantage of selling your house through a rent-to-own arrangement in Lynchburg is the immediate receipt of your deposit funds. No waiting around! You’ll start enjoying a steady cash flow right away, which can help offset any costs associated with holding onto the property.
When you partner with a local professional home buyer like those at Linken Investments, you can count on getting your cash in just a few days. Their full-service team of highly regarded local pros is known for moving at lightning speed, making the selling process smooth and efficient. So, instead of stressing over your property, you’ll be sitting back and counting your cash in no time!
Rental Income
Much like squeezing the final precious drops of cash out of your house, with rental rates quickly rising, you could gain a significant boost in returns on the investment you have made in the house before finally exiting the property. Rental premiums, added to the monthly rent, are another benefit of selling your house via rent to own in Lynchburg. If the buyer exercises their buying option, the rental premium applies towards the downpayment. However, should the buyer fail to exercise the option, you’ll keep the option fee you charge for their down payment and the premium payments. Selling via rent-to-own to a professional home buyer like those at Linken Investments means you won’t need to worry about your buyer backing out or finding another buyer for your property down the road.
Property Management
Another fantastic perk of selling your house through a rent-to-own option in Lynchburg is the minimal landlord responsibilities you’ll have. Unlike traditional rental properties, where you’re constantly juggling maintenance requests and repairs, here, you’ll mainly be focused on collecting your income. You can tailor the contract to ensure that routine repairs and maintenance don’t become your headache.
Most of these expenses will fall on the tenant, who will treat the property as if it were their own. Plus, you can even set a cap on the amount they’re responsible for, which adds an extra layer of peace of mind for you. This way, you can enjoy the benefits of being a landlord without all the hassle!
Additional Savings
Another plus of rent-to-own sales, you won’t be paying the monthly mortgage and utilities you would be responsible for during a listing period on the market, saving you even more.
One of the benefits of selling your house via rent-to-own in Lynchburg, when you work with a local professional home buyer like those at Linken Investments, there are no commissions, closing costs, or hidden fees to come off your profits.
The local professional home buyers at Linken Investments are ready to buy, at your asking price via rent to own. If you’d like to talk to one of our seasoned pros about the benefits of selling your house via rent-to-own in Lynchburg, we’ll answer your questions or concerns with no obligation. The team at Linken Investments is proud of our work helping our neighbors here in Lynchburg solve problems, and we want you to feel good about working with us long after the closing. Call Linken Investments at 434-390-2906.