How to Sell Your House "Rent to Own"

Published: Sept. 15, 2016, 4:41 p.m.

You’re about to discover the power of selling your house on a Rent to Own, basic lessons that help you avoid the pitfalls and even some advanced strategies to maximize your results. The Rent to Own concept is sometimes referred to as a Lease Purchase, a Lease Option or a Lease Purchase Option but they are not all exactly the same. In fact, as you’ll learn, combining the lease with the ability to purchase the property into one agreement can have very different legal consequences than separating them into two documents, a rental agreement and an option to purchase agreement. The opportunity to offer homes on a Rent to Own is absolutely enormous in today’s market and very few investors take advantage of it. When you do though, you can maximize the selling price of your property, avoid real estate commissions and skip the majority of the headaches of being a landlord. Plus, for those properties that need a little bit of TLC, the Rent to Own can be the silver bullet to move that stubborn property quickly and easily.