Whether you are buying or selling in Michigan…with good credit and tons of cash or bad credit and little cash…you can benefit from the highly effective Lease-Option.
Lease-Option Helps Buyers and Sellers
The lease-option, known also as “rent-to-own,” “lease-purchase,” or “lease with an option to purchase,” helps buyers and sellers.
For sellers, the lease-option markets your house to many more buyers who either cannot bank qualify or who refuse to risk their cash and credit in this soft market.
There are quite a few rent to own houses in Michigan. Buyers benefit from not having to bank qualify and come up with a big down payment. They can “try-out” the home and neighborhood before committing cash and credit, while enjoying their new home.
Sellers keep the tax break while moving on with their lives. As a seller, you don’t have to keep lowering your price as the For Sale sign rusts in the ground.
Many people not able or not willing to bank qualify want to lease-option your house.
This could be the perfect solution for you, if you really are serious about home ownership and credit repair. If you have bad credit and really want to own your home, you will discover the step-by-step, easy-to-understand breakthrough you’ve hoped to find.