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www.InvestorsGoldmine.com | 4/2.5 BATH, POOL, BRICK HOME, WINTER PARK, 420K | ARV 700

www.InvestorsGoldmine.com 4/2.5 BATH, POOL, BRICK HOME, WINTER PARK, 420K | ARV 700 $419,900  4 bd, 2.5 ba, 3050 sqft ...

Showing posts with label lease-option-home. Show all posts
Showing posts with label lease-option-home. Show all posts

Tuesday, October 25, 2016

www.WeCanBuyCash.com | How to Review Seller’s Market Offers in Orlando (And Around the 32703 Zip Code)

www.WeCanBuyCash.com

How to Review Seller’s Market Offers in Orlando (And Around the 32703 Zip Code)

Seller’s markets come and go. If you’re selling your house in Apopka or around the 32703 zipcode during a seller’s market, then you might get multiple offers. Here’s how to review seller’s market offers in Apopka …
A seller’s market is when there more buyers and fewer properties. For sellers, it’s an exciting time to sell because you may be able to get a higher asking price. You might also get multiple offers on your house at once.
If you’re selling your house and you received multiple offers, you might be asking yourself, “now what do I do?” Although multiple offers might be exciting to receive, it can also be overwhelming. Fortunately, there are 4 things you can do to help ease the burden and approach your multiple offers to your greatest advantage…

How To Review Seller’s Market Offers In Orlando

First, sort the offers into those who are ready to buy and those who are buying contingent on something else. Some people put offers on houses contingent on them getting approved for a mortgage or contingent on them selling their house.
You don’t have discard the contingent group but it’s often easier and faster to work with someone who doesn’t buy based on a contingency.
Second, sort the remaining ones based on which is more important to you – either the speed of the sale or the price. (For some sellers, a faster sale is more important than a higher price). Of course both are important but usually one will be more important than the other.
  • If speed is important to you, sort the offers by the ones who are closest to the timeline you want to move in.
  • If the price is important to you, sort the offers by the ones that are highest to lowest in terms of price.
Third, if you have several that match your preference above (such as: if you want to move by the end of the month and you have several offers that work within that timeline) then sort by the ones that don’t add any conditions. The more conditions a buyer adds, the more work it may be for you.
By the end, you’ll have a pile of offers – at the top will be the ones that offer the best speed or price (whatever is more important to you), the least conditions, and are ready to buy right away. And at the bottom are those who aren’t ready to buy because they have contingencies.
Once you’ve sorted your offers this way, start working through them from the top, making counter offers from a position of strength!
If this is overwhelming or if you don’t have as many offers as you’d like, or if you don’t have the offers that you want, there is another way to sell: you can sell directly to us. Call Eugene Hoffman at 407-781-7312

Thursday, September 8, 2016

www.InvestorsGoldmine.com |TOP FLOOR OCEAN FRONT CONDO-DAYTONA BEACH 70K| ARV 80K

www.InvestorsGoldmine.com

TOP FLOOR OCEAN FRONT CONDO-DAYTONA BEACH 70K| ARV 80K

$69,900 1 ba, Studio 515 sqft
This property consists of a top floor studio unit with stainless steel appliances, granite counter tops, and is completely remodeled from top to bottom. Currently, it is tenant occupied at $800 per month. It is ocean front in Daytona Beach! Market rent is approximately $1,100 per month. Similar units on lower level floors are renting for about $1,000, and a top floor unit like this would fetch a premium price once the new owner takes over. Pick this one up as a rental or a vacation spot! Lots of potential here for business or pleasure! Please call to schedule a showing.
Daytona Beach Club, Annual HOA: $4,776
Est. Rehab: $0
Est. ARV: $80,000
Est. Monthly Rent: $1,825

Property Details

Price:
$69,900
Address:
800 N. Atlantic Ave.
City:
Daytona Beach
State:
FL
Zip Code:
32118
Year Built:
1970
Terms:
For Sale
Property Type:
Condo
Square Feet:
Studio 515
Bathrooms:
1

Call (407) 781-7312 for more details

Thursday, August 11, 2016

Homes For Rent By Owner In Orlando – Rent-To-Own Step-By-Step | Written by Eugene Hoffman

www.WeCanBuyCash.com

P.S. Do You Need To SELL YOUR HOME Quickly? We buy houses in ANY CONDITION! We
pay CASH and you will not pay any commissions, agents, or fees. Save thousands in “junk fees”
and work with a bona-fide buyer directly!
My Website | Click Below | Hundreds of Articles and videos on "How To " Real Estate". Sell your house yourself with Flat Fee Listing on MLS


Homes For Rent By Owner In Orlando – Rent-To-Own Step-By-Step

divorce-in-orlando-
Getting a divorce stinks, but being divorced doesn’t. All things pass.

Learn more about homes for rent by owner in Orlando

… And discover whether renting-to-own the right step for you. Find out how it works here…

If you’re thinking about homes for rent by owner in Orlando, you’re probably thinking about renting… but have you thought about renting to OWN? In this blog post, we’ll share the step-by-step method to lead you through how it all works so you can decide if it’s what is best for you…
If you’re thinking about renting a home, you’re likely focused on finding a place to rent that you can call your own… but often, renters would love to move up from a rental property into a home that they own, they just might not be able to manage it.
That’s where rent-to-own comes in. With renting, you pay for a place to live for as long as your rental agreement lasts. But with rent to own, you rent a home for a while and then you buy it outright so that you own it… and you can even do this with bad credit!
Let’s start with the benefits of why renters love it…
1. You can get into a house even if you have bad credit
2. You don’t need a huge down payment
3. You can live in your permanent dream home sooner, even if you can’t afford to buy it just yet
It’s no wonder why people love rent to own!

Here’s How It Works To Get Into Homes For Rent By Owner In Orlando On A Rent-To-Own Basis

First, find homes for rent by owner in Orlando.
Second, inquire about whether any of their houses are rent to own.
Third, review the available homes and choose one that you’d like to buy someday.
Fourth, sign the agreement, which means you’ll rent the house for a period of time (often a couple of years) with the purpose of buying it later.
Fifth, work on your credit score to improve your credit during that time.
Sixth, when your rental agreement draws to a close, use your improved credit score to apply for a mortgage from a bank and then purchase the house from the owner.
Yes, it really is that simple and it’s a great way for renters to become homeowners.

Want to see what we have available in terms of homes for rent by owner in Orlando that is available on a rent-to-own basis? Click here to get in touch (just fill out the form) or call us at 407-781-7312

Thursday, August 4, 2016

How To Price Your Inherited Home In Orlando For Sale | Written by Eugene Hoffman

If you’ve inherited a property and you’re planning to sell it, make sure you read this blog post for 3 tips about how to price your inherited home in Orlando for sale
Did you inherit a property that you’re now thinking about selling? While an inherited property can be a wonderful gift for a loved one who has passed on, it can also (quite frankly) be a costly burden. So selling it makes sense and allows you to use the gifted equity for some other purpose. But selling an inherited property may not come easily to you, especially if you haven’t sold a property in a while. So here’s how to price your inherited home in Orlando for sale…

Tip #1: Price Quick To Sell

Some people price their inherited property at an amount they think the market might pay for the house. However, there are many factors that go into this price and one of the biggest considerations is: how fast do you want to sell? Selling through an agent “on the market” can take months, and you’ll have to pay for the house and maintain the property the entire time. That can be costly and can eat into the higher price.
Many property owners quickly learn that they’re almost better off to price slightly lower for a faster sale… they might get less for the house but they also pay less on repairs, carrying costs, effort, and time, so it’s ultimately a trade-off that might turn out to be a total wash.

Tip #2: Avoid Pricing Based On Fond Memories Or Emotion

One of the biggest challenges that property owners of inherited property face when trying to price their property for sale is separating the happy memories from the true value of the house. The house might be worth a certain amount on the market but you may have such fond memories of growing up in the house or of happy times in the house that you accidentally use that emotion to increase the price. (This is VERY common.)
A better approach would be to work with a real estate company and find out what they can offer you, and recognize that the price might be lower than you were expecting… not because the house isn’t worth as much but because your wonderful memories have accidentally inflated the price!

Tip #3: Build In Discounts For Repairs

If you inherited the property from a loved one who had lived in the property for many years then you might find out that the property needs some repairs. You could choose to do this work yourself and then ask for a higher price but why do that when you could save yourself the time and effort (and what you’d have to pay for equipment, supplies, or a contractor) and instead just ask for less and give a “repair discount”. That way you avoid the hassle of the work, and you still come out the same financially.

Summary

An inherited house can be a lot of work so if you’re thinking of selling it, you’re certainly not alone. But how do you price an inherited house? These tips will guide you on how to price your inherited home in Orlando for sale. Get a professional 50+ page CMA report from Eugene. He is a licensed Realtor and operates a home buying company for a dozen cash buyers.
Call Gene anytime at 407-781-7312

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?

Friday, July 1, 2016

4 Key Advantages Of Selling To An Investor Over A Traditional Buyer In Orlando | Written by Eugene Hoffman

sell-my-house-fast-orlando
We can buy your Florida house. Contact us today!
If you’re thinking about selling, you’re probably weighing your options right now and maybe deciding how to sell and who you should sell to. Check out this blog post to learn the key advantages of selling to an investor over a traditional buyer in Orlando…
When it comes to selling your Orlando home, you have a number of options. You could list your house with a Realtor and they’ll try to find a buyer. Or you could list your house yourself and try to find a buyer. Or, you could work with a real estate investor who will buy your house from you directly… and fast. Here are the advantages of selling to an investor…

Key Advantages Of Selling To An Investor Over A Traditional Buyer In Orlando: Speed

In order to sell to a traditional buyer, that buyer has to be found by the Realtor… which is a process that can take months? Fortunately, you don’t have to wait that long. When you sell to a real estate investor, they can close fast – often in as a little as a week or two (it varies, depending on the investor). Since they are buyers, and there’s no searching… you already know who they are so you can sell quickly!
And a bonus of this: you don’t have to pay bills and taxes on that property while you’re waiting for a buyer to be found. This can save you hundreds or even thousands of dollars in ongoing bills.

Saturday, June 25, 2016

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

Are Orlando Rent-to-Own Homes a Scam? | Written by Eugene Hoffman

Are Orlando Rent-to-Own Homes a Scam?

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
. 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

If you’ve spent time driving around Orlando Florida or browsing Craigslist or other sites, you may have seen advertisements that read, “Own a home for $500/month. No credit check!”
While it seems too good to be true, local rent-to-own homes are a viable option that many Orlando residents are taking advantage of.
But…

Are Orlando Rent-to-Own Homes a Scam?

In any business there are a few hucksters who aren’t doing the right thing that give everyone else a bad name.  But renting to own / lease option homes aren’t a scam and they’re a really great way for people get on the path to home ownership if your financial situation prevents you from getting a home loan right now.  You can find hundreds of great articles online from reputable resources that back up the fact that rent to own (also called a lease option by many people) is a legitimate and great way to work your way into home ownership.

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.

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 2 Own Homes in Orlando – what’s the catch? | Written by Eugene Hoffman

Rent 2 Own Homes in Orlando – what’s the catch?




Orlando FL family looking for rent to own houses
Looking for a local rent to own house but aren’t sure how it works or if there is a “catch?” Read this article to discover what you need to know about local Orlando rent to own houses…
In the real estate market today, it is very tempting to follow through on one of those ads in the local paper or on Craigslist that are practically screaming a great deal of rent 2 own homes in Orlando Florida. 
This option can be a win-win for both parties, but is it always the best method to get into a great house?
Sure, you can’t sell your home right now, or if you’re the buyer, maybe you aren’t able to receive a home loan with bad credit.
You could be in a great home that you love and feel a sense of ownership (more than if you just rent a house the normal way) sooner than you thought!
Although, it is always recommended to ask these questions below when meeting with your possible rent to own seller.

Here’re a few important (smart) questions to ask a local Orlando rent to own house seller

“What is the length of the option to buy the house?”  –
With a rent to own house agreement (also called lease option home), it’s usually two parts. First, a normal rental agreement. Second, the option to buy the house at a pre-determined price at a date in the future. Usually, the time-frame is a minimum of 2 years.Anything less and you may not reach the credit score goal that you’re aiming for to purchase the home. You need this time to weigh your options and to see if things are looking up for you in the future. Of course, the longest option agreement timeframe can be the best for you… to give you more time to get back on  your feet credit wise or financially so you can get a traditional home loan.
“How much of my rent will be put toward my purchase price?” –
You can read horror stories all over the internet about how some tenants were strung along thinking that they were paying a higher percentage than what they actually were for their future home among other factors with this option.Ask the seller!Recent federal laws have made providing “down payment credits” from your monthly rent very hard… if not illegal in some areas and situations. Usually, the monthly rent on a rent to own house in Orlando is a bit higher than the monthly rent on a non-rent to own house (because you’re paying for the chance to purchase the house at a pre-determined price which ties the seller down as well).  So just make sure to ask the seller if any portion of the rent is able to be contributed toward the purchase price if you do decide to purchase the house when the option is up.
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