For those who may not be ready to sell their Oahu area house yet can consider a rent to own scenario that provides some perks that make it an option worth considering.
There is a large home buyer pool waiting for these opportunities, seeking to attain the lifestyle that home ownership affords before they’re ready for a mortgage. Read on as we explore five benefits of selling your house via rent to own in Oahu
One benefit of selling your Oahu house via rent-to-own is in the equity that will build over the time of the contract so that when your property closes, you will make more significant gains on the sale. By selling directly to a local professional house buyer like those at We Buy Houses Hawaii, we can help you understand the projected returns you can expect.
Another benefit of selling your house via rent-to-own in Oahu, is that there will be no delay in your receipt of the deposit funds, and your steady cash flow will begin immediately, offsetting any costs of holding the house. When you work with a local professional home buyer like those at We Buy Houses Hawaii, you’ll be counting your cash in a matter of days; with the power of cash and our full-service team of highly regarded local professionals moving at lightning speed to help homeowners like you.
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 leaving the property. Rental premiums, added to the monthly rent, are another benefit of selling your house via rent to own in Oahu. If the buyer exercises their buying option, the rental premium applies towards the down payment. 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 house buyer like those at We Buy Houses Hawaii means you won’t need to worry about your buyer backing out or finding another buyer for your property down the road.
Another benefit of selling your house via rent-to-own in Oahu is that, unlike typical rental properties, there will be minimal for you to do in the role of landlord other than receive your income. Therefore, you can design the contract to negate the impact of routine repairs and maintenance. Most of these expenses will fall upon the tenant, who will treat the property as if it was their own. Often, there is a top-dollar limit on the repairs for which they’re responsible.
Another plus of rent-to-own home sales is that 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. Another of the benefits of selling your house via rent-to-own in Oahu, when you work with a local professional home buyer like those at We Buy Houses Hawaii, there are no commissions, closing costs, or hidden fees to lower your profits.
The local professional house buyers at We Buy Houses Hawaii 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 Oahu, we’ll answer your questions or concerns with no obligation. The team at We Buy Houses Hawaii is proud of our work helping our neighbors here in Oahu solve problems, and we want you to feel good about working with us long after the closing. Call We Buy Houses Hawaii at (808) 342-1794.