Do not sell your own house! Put it up for Rent-to-own basis!

Are you struggling to sell your house or worriedMany people know about rent to own
about getting a low price? Are you afraid ofagreements. There is a standard lease with a
dealing with tenants if you put your house on rentrefundable security deposit. The second contract
–to-own basis? Then try using a rent-to-ownis an option to purchase the property at a
or lease-to-own marketing strategy.specified price within a specified time-frame. The
The banks are also making it very difficult forpotential buyer puts down a non-refundable option
people to get home mortgages even though lowpayment.
interest rates are available. In some areas likeI have found a high demand for my property
Chicago, families are hard hit by the recentitself as I have put my own house up for rent to
economic downturn and most of them are tryingown. I have got tenants that take care of the
to reinstate their poor credit scores. Landlords arehouse. Many people who need to sell their homes
finding it more difficult to get good enough moneyworry about tenants ruining the property and not
for their rental houses.paying their rent. With my strategy I get tenants
The solution to both of these problems is to usewith an “owner mentality”. In addition, I
a rent to own agreement and to market thegive the tenant a rent credit that they can put
properties as “rent to own”. If you looktowards their down payment if they pay their
at demand/supply statistics on Google for peoplerent by the first.
searching for such “rent to own homes”Now this strategy will not work if you own a
then you will find a huge demand and very littlevery large house or an estate in LA. But if you
supply of rent to own homes in Chicago especially.have a house that is a medium range type
The laws of economics dictate that the ownersproperty, it will give you great results. For more
of rental houses can make more profit if theyinformation on sell my house & sell house
can supply that demand.Chicago.