A key benefit to selling with a lease purchase or lease option is the ability to utilize a triple-net lease.  When you do this, the tenant buyer becomes responsible for the maintenance on the house.

One thing to remember if you do this is that the tenant-landlord laws are such that in most states, you will still ultimately be responsible if anything major goes wrong.  (Such as a leaky roof.)  You can avoid any problems here by purchasing a comprehensive home warranty, which will usually cost just a few hundred dollars.  Once youve given the tenant buyer the information, they can handle contacting the warranty company and overseeing any necessary repairs.

Avoiding paying realtor commissions is another advantage of utilizing a Lease Option to sell your home.  If you are currently trying to sell by owner and do not have you home listed, you will receive 100% of the sales price when the buyer finally gets a mortgage.  Most companies that run lease option programs get 100% of their fee from the buyer.  So the monthly rent payment and end sales price are all yours!

If your home is on the market, you can still sell with a Lease Option!  Most agents are happy to help you get a deal done today, even if it means deferring their commission for some time in the future.  Typically, you will give the agent the first months rent that you receive from the tenant, as well as the commission that you have already agreed on when the buyer finally qualifies for the mortgage.

By utilizing creative solutions in today's economy, you can sell your home quickly and avoid having to lower the price!

To find out how you can sell your home with a lease purchase or lease option contract, please email Vincent Polisi, the president of financethedream! Finance the Dream is the America's top rent to own and lease purchase program. They offer buyers and sellers innovative solutions in todays market!  Vincent Polisi