5 Benefits of Selling Your House Via Rent to Own in Elmira. For those who may be ready to sell yet can hold onto a house that is ready for rental for a few years longer, the rent-to-own scenario provides some perks that make rent-to-own an option worth considering.
There is a large 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 Elmira
One benefit of selling your house via rent-to-own in Elmira 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 home buyer like those at Tristate Holdings 167, we can help you understand the projected returns you can expect.
Another benefit of selling your house via rent-to-own in Elmira, there’ll 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 Tristate Holdings 167, 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 pros moving at lightning speed to help sellers like you.
As cash buyers we normally close in less than thirty days. There are no inspection or appraisal contingencies either which helps expedites our buying process if you sell your house or commercial unit(s) to our Company.
As a leading real estate investment firm, we specialize in helping homeowners sell their houses fast for cash. With our extensive experience, we offer a fair all-cash price for your home, ensuring you receive the compensation you deserve without delay.
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 finally exiting the property. Rental premiums, added to the monthly rent, are another benefit of selling your house via rent to own in Elmira. If the buyer exercises their buying option, the rental premium applies towards the downpayment. 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 home buyer like those at Tristate Holdings 167 means you won’t need to worry about your buyer backing out or finding another buyer for your property down the road.
Regardless of market conditions whether there is rampant inflation, recession, stock market crash, another pandemic, or whatever the financial market circumstances, you can rest assured that rentals usually can weather most financial storms. This allows you peace of mind knowing that you have time on your side until the financial market normalizes to decide whether you want to hold or sell your rental assets. Rental portfolios allow investors many financial options especially if it is purchased with equity already baked into the deal.
Another benefit of selling your house via rent-to-own in Elmira 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 sales, 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 Elmira, when you work with a local professional home buyer like those at Tristate Holdings 167, there are no commissions, closing costs, or hidden fees to come off your profits.
As noted in the prior paragraph, we can close quickly and buy your rental property or properties for cash.
The local professional home buyers at Tristate Holdings 167 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 Elmira, we’ll answer your questions or concerns with no obligation. The team at Tristate Holdings 167 is proud of our work helping our neighbors here in Elmira solve problems, and we want you to feel good about working with us long after the closing. Call Tristate Holdings 167 Inc. at 1-(888) 788-7478.
Tristate Holdings 167 is a team of Cash Home Buyers. We Buy Elmira NY Houses and the following surrounding areas of Elmira, New York, (West Elmira, Elmira Heights, East Elmira, Southport, Golden Glow Heights, Orchard Knoll, Pine City, Rosstown, Ashland, Baldwin, Big Flats, Horseheads, Catlin, Chemung, Erin, Veteran, Wellsburg, Lowman, Breesport, Corning, Ithaca, Endicott, Binghamton, Johnson City, Cortland, Geneva, Delhi, Auburn), and other areas of New York.
Whether you are trying to avoid foreclosure, inherited a property you do not want, dealing with a divorce, or are fed up being a landlord dealing with tenants, we can help. If you need to Sell Your Elmira NY House Fast, we offer Cash For Homes in Elmira New York!