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Showing posts with label for-rent-by-owner. Show all posts
Showing posts with label for-rent-by-owner. Show all posts

Sunday, July 17, 2016

What If My House Won’t Sell During A Divorce in Orlando? | Written by Eugene Hoffman

What If My House Won’t Sell During A Divorce in Orlando?

If you’re going through a divorce and you’re trying to sell a house, you might be wondering, “what if my house won’t sell during a divorce in Orlando?” That’s a good question to ask so be sure to read this blog post and we’ll share our best answer with you…
What If My House Won't Sell During A Divorce inA divorce can be a confronting situation. It is complicated and it’s expensive. Also, it time-consuming, and the agitations are running high. With all that effort you also need to sell your house so that you can split the value of any equity in the house. Afterward, you can put it all behind you. But what if your house doesn’t sell? If you’re going through a divorce and thinking, “what if my house won’t sell during a divorce in Orlando?” then here’s what to do…

What Are The Reasons Your House Doesn’t Sell?

Unfortunately, there are many reasons your house might not sell. Some of the reasons are related to the normal market conditions (and they might be present even if you weren’t going through a divorce). But there might be additional reasons that your house doesn’t sell — for example, maybe you have a complicated divorce or there’s a lot of engagement between each party in the divorce. This makes it too difficult for the buyer to negotiate the sale of the property.

This Delay Adds To The Problem!

If the house is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — in bills and taxes and mortgage payments, as well as in additional attorneys fees.
Simply put, you might be hoping to get a high price for your house but your divorce could actually be spooking people away. This will cost you money.
Fortunately, there’s another option…


Saturday, July 2, 2016

How Does Rent To Own Homes Work in Orlando? – The Process | Written by Eugene Hoffman

olando-rent-to-own-houses
Looking for a home in Central Florida. Work with a professional.
Rent to own a house is also called lease to own house (or a whole slew of other phrases… like “lease option”, etc.).
So how does rent to own homes work in Orlando and other parts of Florida?

How Does A Rent To Own Home Agreement Work?


It is kind of similar to a car lease.
In this kind of arrangement, the renter rents a house from the owner of the house and pays monthly rental fees for living in the house. After a given period of time, usually, three years or so, the renter can decide to purchase the house at a price that the renter and owner of the house agreed upon at the start of the rent to own agreement.
Of the monthly rent paid to the owner, a fraction can sometimes go towards down payment of the house depending on the local laws and guidelines. Sometimes applying part of the monthly rent to the purchase price is now against the law because of a law passed by Congress called the Dodd-Frank Law.

The Rent To Own Contract Agreement – How It Works Here In Orlando

The contract the buyer and seller draw up should be very clear. You should understand the nature and terms of the contract properly before signing it.  Make sure you ask the seller lots of questions if you’re not clear about anything at all.
This arrangement has got advantages for both sellers and buyers alike… but also some huge benefits. So understand both the pros and cons so you can make a great decision for you and your family.

The Financial Parts Of The Rent To Own Agreement

First, the seller has to set the purchase price and monthly rent for the house.
The Monthly Rent
The purchase price is usually retail value for the house in today’s market.  The monthly rent is usually a bit higher with a rent to own / lease option agreement than if you were to just rent a house normally.
Why?

Real Estate Investing Financing Sources In Orlando – The 4 You Should Be Using Right Now | Eugene Hoffman

Real Estate Investing Financing Sources In Orlando – The 4 You Should Be Using Right Now

income-properties-in-orlando
We are dedicated to helping working families or singles with a fair and trustworthy path to home-ownership through this incredible rent to own program. The Financial crisis has created many reasons households in Orlando cannot obtain a mortgage, despite the fact they have a stable source of income and the ability to pay.
Who else needs financing for their real estate investing deals? If you invest, you’re probably looking for real estate investing financing sources in Orlando… well, look no further because here are the only 4 you’ll ever need to do as many deals as you want to do.
As a real estate investor, you know that acquiring deals takes capital. And unfortunately, some investors reach the end of their money and are forced to stop investing long before they reach their real estate goals. The good news is, you don’t have to fall into the same trap. When you tap into these 4 sources, you’ll have access to all the money you need to do as many deals as you want!

Real Estate Investing Financing Sources In Orlando #1 – Financial Institutions

This is the way that most people know about, and it’s still a tried-and-true way to do more deals. When you use institutional financing such as banks and mortgage companies, you’re using the principles of leverage and other people’s money to do your deal. As long as you have the down payment and some available “room” in your credit, you can acquire deals. Lowe's Home Improvement store offers extended financing at zero percent interest on orders over $300. Some investors use zero percent credit cards or take cash advances when he or she finds a great deal.

Real Estate Investing Financing Sources In Orlando #2 – Hard Money And Private Money

These are similar to banks in that they’ll lend you money in exchange for interest payments but the difference is: they may not require a credit score or a down payment; in many cases, they’ll probably just secure the loan against the value of the property itself. So you can acquire multiple deals with the power of hard money and private money. 

Saturday, June 25, 2016

Curious to know more about rent to own houses in Orlando? | Written by Eugene Hoffman

Curious to know more about rent to own houses in Orlando?


These potential home buyers are forced to rent and unfortunately cannot purchase a home even at current depressed housing prices. Unlike other programs, the rent to own program that we can help you get into enables approved Floridians to find a home that they want to rent, but also would like to eventually buy through our partner’s Pathway to Home-ownership. “Lease with a Right to Purchase Program.

Keep reading to find out how they work and to know whether rent to own is right for you


Most people think of renting a house or owning a house… but few realize there is an amazing “middle ground” – rent to own houses in Orlando – that gives you the best of both worlds. In this blog post, you’ll read about what it means to rent-to-own and how it works.
Renting: When you rent, you pay the landlord for a place to live. As long as your rent is paid, you have a place to live.

Owning: When you own, you take out a mortgage from the bank and they give the money to the seller. You pay the bank back for their loan.


How you can find free rent to own home listings in Orlando | Written by Eugene Hoffman

How you can find free rent to own home listings in Orlando




How you can find free rent to own home listings in Orlando
Looking for a house here in Orlando? Find resources on local rent to own homes in Orlando Florida below!
It’s not uncommon to see craigslist adverts that provide people with a chance to own a home with just a small payment upfront and then “earn your way” into a house over time.
There are a few names for that… but “rent to own”, “lease to own”, and “lease purchase” are a few.
If you’re looking for a quality rent to own house in Orlando… you may be wondering how you can find free rent to own home listings in Orlando to see if you can find a house that’s right for you.
First, if you’re not sure what a rent to own house is… or the process… keep reading this website and check out our FAQ section.
Renting to own a local Orlando house can be a great option for people who are struggling to qualify for a home mortgage because of their credit or not enough cash for a large down payment.
This option benefits both the buyer as well as the seller because the former gets to move into his or her dream home quickly while the latter gets a series of long-term payments and is able to sell their house to a broader pool of potential “tenant buyers”.
Finding the right rent to own home listings is Orlando can be tough sometimes.
What we’d suggest is that you do your research and get on a few lists that show you local rent to own houses in and around Orlando.

Places you can find these lists of available Orlando Florida rent to own houses…

  1. On This Website:  Our company, Eugene Sells Houses(License #SL3302788), is a local real estate investment firm that buys and sells houses. One of the ways we sell our houses often is on a rent to own basis.So you can join our Local Rent To Own Property List over here >>You’ll get email alerts anytime a new property is available.  A huge benefit of being on our rent to own house list for Orlando FL houses is that you’ll be the first one to see the properties BEFORE we list them on this website. More than half of our rent to own houses never even make it to this website because they get snapped up by people on our Orlando Rent To Own Property List.

Monday, June 20, 2016

How to find rent-to-own homes in Orlando? Written by Eugene Hoffman

How to find rent-to-own homes in Orlando?



rent.to.own.
Rent to Own Homes in Orange, Seminole, and Lake County homes through the most trusted name in Florida Real Estate, Sand Dollar Reality. Call Eugene at 407-781-7312 …
First, know all the names and terms: Rent to own, lease/option, and a lease/purchase agreement are often used interchangeably, depending on who you ask.
Not all properties are advertised this way, but technically, any property can be sold through a rent-to-own agreement.
We help people like you find properties and get through the process with minimal stress or expense.
Any property that is for sale or rent is a potential candidate for a lease agreement with an option to purchase.
The numbers can be calculated in lots of ways – the trick is working with the calculator until you find the agreement that works for the seller or buyer on the same property.
There’s a lot of great properties around Orlando on Craigslist, Zillow, Realtor.com, and even in the newspapers.
You can call and ask if they’d be willing to consider an agreement.
You’ll probably hear a lot of people tell you no, but investing the time can be worth it if you finally hear yes.

Sunday, June 19, 2016

How to Know if Renting or Owning a Home is Right For You


Rent-to-own-house
Eugene sells rent to own homes in Orlando… We understand that finding genuine rent to own homes in Orlando can be very difficult. Tips, tricks, and advice
So, you’re looking at moving and you’re not sure if renting or owning a local Orlando home is right for you?
You’re not sure if one is a better financial decision than the other?
You’re not sure if you’ll be able to find the type of house or apartment you’d like to live in?
You’re not sure what you can handle financially?
Well, this article will dive into ways you can learn how to know if renting or owning a home is right for you in the Orlando area.

How To Know If Renting Or Owning A Orlando Home Is The Right Choice

Throughout the 1950’s-1990’s, home ownership was a major goal of most families across America. Owning a home was the “American Dream” and if you didn’t own your house there was almost this stigma that went with that.
But, that rule has changed in recent years. The economic downturn paired with the bursting of the housing bubble makes renting an attractive option for many Americans… maybe even you.
In the past, the choice to rent or own here in Orlando was about whether you’d prefer to live in a house or an apartment. Now, there are opportunities to purchase apartments / condos and rent homes, so there are options for renters or perspective owners to live in whatever type of property that they’d prefer.
Renting is great for people who want flexibility. Perhaps you’re just starting your career, and you’d like to be able to relocate quickly. Renting is a wonderful option for people who like to “try out” various neighborhoods in their city before finding a place to settle down.
Owning a home ties you to one location for a good period of time. It would destroy your credit to step away from your mortgage, and sell your home is a long, arduous process that could end in you losing some of your initial investment.
In many cases, contrary to popular opinion, it can be more cost-effective to rent than own, especially in situations where the local housing market isn’t going up in value very much each year. While renters pay a fixed amount each month, homeowners are required to pay additional fees, such as homeowners insurance, maintenance, repairs, HOA (local community association fees), amongst others.

Are You Required To Buy The House In A Rent To Own Home Contract? | Written by Eugene Hoffman

Are You Required To Buy The House In A Rent To Own Home Contract?



House for rent by owner.
Tips, tricks, and advice to find great rent to own properties around – plus info on ways to get the best deals and how to avoid scams.

A really common question and concern from people looking at renting to own an Orlando house are “are you required to buy the house in a rent to own home contract ?” at the end of the rental term.
As an example…
… let us say you found a great Orlando rent to own home and agreed on an attractive rent to own agreement (lease option) with the seller that looked like this…
– $10k upfront
– $1,800/mo
– $200k purchase price option at the end of the 24-month rental agreement
Under that example, you have the opportunity to purchase the home for $200k within 24 months (often times you can purchase the home BEFORE the rental agreement ends with no problem).

So, Are You Required To Buy The House In A Rent To Own Home Contract / Agreement?

If the 24 months comes up and you're just not ready to purchase the home… but you still love the home and want to live there still… just connect with the seller and see if they're willing to offer you an extension on the rent to own contract.
Often times, if you've been a great renter and show a genuine intent to buy the house… the seller will work with you (it's in everyone's best interest).
If the 24 months comes up and you're just not ready to buy and you don't want to stay in the house… you can move out and not purchase the house… usually with no penalty.

What Happens To The Money You've Paid The House Owner Up To This Point?


Renting An Apartment vs. Renting A House in Orlando | Written by Eugene Hoffman

Renting An Apartment vs. Renting A House in Orlando

local rent to own company
Eugene sells rent to own homes in Orlando… We understand that finding genuine rent to own homes in Orlando can be very difficult. Tips, tricks, and advice

So, you’re looking for a place to rent in Orlando?
As you’ve already seen… there are a lot of options in the Orlando area for housing.
All the way from apartments in Kissimmee rental houses in Sanford… condos… mobile homes, and more.
But if you’re struggling to decide if you want to rent an apartment or a house… check out our tips below on the “pros and cons” of renting a local apartment vs. the pros and cons of renting a local house. (also, see our blog post on pros and cons of Rent to Own Programs for more detailed info >)

Renting An Orlando Apartment –

There are lots of great apartments in Orlando.
You’ve probably found new apartment complexes with all kinds of amenities like a swimming pool, gym, rec area, and all kinds of other perks.
And you’ve probably come across some bare-bones apartments that just gave you 4 walls and not much else.
So here’s some Pros for renting local apartments:
  • Often rent is cheaper with an apartment vs. renting a house
  • Sometimes some services are included in your rent (trash, water, etc.)
  • Maintenance is 100% taken care of by the management (if you’re in a bigger complex, usually the maintenance person is on-site and can repair things quickly)
  • Sometimes there are more apartment units available than houses you want
  • Amenities are often included like rec rooms, gyms, pools, and more.
  • Sometimes you can pick up your neighbor’s wifi!
Here are some Cons of renting local apartments:


Orlando Florida Houses for Rent – Why rent when you can own? | Written by Eugene Hoffman

Orlando Florida Houses for Rent – Why rent when you can own?


We buy houses in Orlando. Get a fair cash offer. We buy homes in any condition and in all price ranges. Call 407-781-7312. We are a local Orlando Company
Eugene sells rent to own homes in Orlando… We understand that finding genuine rent to own homes in Orlando can be very difficult. Tips, tricks, and advice

If you’re looking for Orlando houses for rent you may want to consider your other options as a potential homeowner in the  Orlando area.
Most locals who are looking for homes to rent in Orlando are likely looking at renting as their only option because of things like…
– Bad credit (and can’t get a traditional bank loan to purchase a home)
– Not enough funds for a large downpayment on the Orlando home you want to live in
– … or you’re just used to renting and didn’t know there were other options.

How Many Orlando Area Renters Are Turning To Home Ownership By “Renting To Own”?

If you haven’t heard of “renting to own” a home (some call it a “lease option”), you’re not alone.
But the “rent to own” concept isn’t new.
In fact, renting to own has become really common for many things, including furniture, electronics, cars, and more.
And the rent to own concept for houses has been around for decades as well.

The Costs Of Rent To Own Housing In Orlando | Written by Eugene Hoffman

The Costs Of Rent To Own Housing In Orlando


Rent to Own Homes for Orange, Seminole and Lake County homes through the most trusted name in Florida Real Estate
We are dedicated to helping working families or singles with a fair and trustworthy path to homeownership through this incredible rent to own program. The Financial crisis has created many reasons households in Orlando cannot obtain a mortgage, despite the fact they have a stable source of income and the ability to pay. These potential home buyers are forced to rent and unfortunately cannot purchase a home even at current depressed housing prices.
Owning a home — it’s part of the American Dream!
Home ownership gives a sense of freedom, security, and permanence.
Americans dream of growing up, finding a home, and starting a family; they dream of owning their own piece of land and proudly knowing “it’s mine.” Millions of families want a nice home, a white picket fence, a place to rest after a hard day of work, and a place to raise their families. But, what are The Costs Of Rent To Own Housing In Orlando?
It’s no wonder that pioneers and settlers came to America to escape the over-crowded rental slums of the Old World and to tame and claim their piece of this vast land. Even today, newcomers to America are attracted here in part because of the opportunities for a better future — which includes owning their own home.

The American Dream Is Changing…

While home ownership continues to be a high priority among many Americans, the American Dream is evolving. There’s still plenty of land and places to live, but it’s evolving for other reasons:
  • There’s the growing number of Americans with credit problems — perhaps due to debt or poor choices or difficult circumstances or even just low paying jobs.
  • There’s the growing number of banks that reject loan applications because they don’t meet the bank’s tightening loan requirements.
  • There’s a trending increase in the number of lower-paying jobs, while higher-paying jobs are vanishing or being outsourced overseas.
  • And the economy is on shaky ground, with one recession barely over and another one threatening to strike.

Pros and Cons of Rent to Own Housing In Orlando | Written by Eugene Hoffman

Pros and Cons of Rent to Own Housing In Orlando


We buy houses in Orlando. Get a fair cash offer. We buy homes in any condition and in all price ranges. Call 407-781-7312. We are a local Orlando Company
The City of Orlando is nicknamed “The City Beautiful” and its symbol is the fountain at Lake Eola. Orlando is also known as “The Theme Park Capital of the World” and in 2014 its tourist attractions and events drew more than 62 million visitors

Home Ownership Trends Are Shifting… Keep Reading To Find Out How They Might Make Owning A Home In Orlando Even Easier…


Credit-score-based mortgages… they were once the primary way of buying a house… but these traditional methods of purchasing a home are becoming less common than in decades past. The American Dream is shifting and the concept of home ownership (while still strong) is evolving…
As banks become tighter with their loan approval process, and as Americans are still digging out of the recession (and possibly any credit problems they may have fallen into during the recession), many are turning to alternative means of purchasing a home
… perhaps because they don’t have the credit, maybe because they don’t trust banks anymore, or even because they are learning that there are other ways to buy.
Renting apartments and houses increased dramatically in recent years… and renting-to-own a house (or Lease Option as many people call it) has become a popular way for families to buy a local Orlando Florida house directly from a seller (after a rental period that usually lasts 12-24 months), without the stringent qualification process offered by banks.
There are many pros and cons of rent to own housing in Orlando Florida, which we will outline in this article.

Rent To Own Real Estate In Orlando – What If I Have Bad Credit Or No Credit? | Written by Eugene Hoffman

Rent To Own Real Estate In Orlando – What If I Have Bad Credit Or No Credit?


The good news is – with rent-to-own, you can still live in a great, permanent home even if you have bad credit or no credit.

Rent to own real estate in Orlando is quickly becoming a popular way to get into the house of your dreams even if your credit isn’t perfect right now. We’ll show you how it works in this blog post…
Renting and owning are the two most common methods of acquiring accommodation: With renting, you pay (usually monthly) and it’s short term… you don’t actually OWN anything. With owning, you pay back a mortgage loan and it’s long term… you actually OWN your house. There are advantages to both, and disadvantages too.
There’s a third option, which is great for people with bad credit or no credit: If you’re renting right now and want to own your own home, you might feel that you are prohibited because of your credit but rent to own real estate in Orlando Florida is the solution.
By renting to own, you move into a house, pay rent for a period of time, and then purchase that house at the end of the rental period.