Advantages of Lease Options to Sell Your House Quickly in San Antonio

Advantages of Lease Option to Sellers

The real estate market not only across the United States but all over the world is suffering a decline. Sellers and buyers alike have their share of the slowing down of this industry. It is harder now for sellers to sell their homes and buyers to get mortgages. Before this phase, it was easier to buy and sell houses. But at this current state, in order to survive in this market one must be creative.

One of the creative ways in this market is what we call the lease option or lease with option to purchase.  How does this work? This happens when both parties agree to an option that gives buyer the right to purchase the home during a period while renting the house from the seller. The buyer has two options at the end of the option period, either he can exercise his right to purchase the house or he may opt not to buy the house which forfeits the option fee. So while there is this option, the seller is not allowed to sell the subject house to another person within the period of this agreement.

So what do we get from this? What are the benefits we can get from choosing this lease option? The following are some of the benefits the seller can take advantage of when selling on a lease option.

  1. Sellers get to collect rent from the tenants. Instead of directly selling the house in a conventional way which would at some point leave the house vacant while you are waiting for professional house buyer to buy it, with this lease option you can collect rent from your tenants while the house is not sold to them yet.
  1. Security to sell the house or commitment to purchase your house. When at the end of the period the tenant decides to not purchase, the option fee is forfeited.
  1. It allows you to be at the top of the competition
  1. Even when the market is down, you can still sell your house at the end of the option period.
  1. More often that not, selling on a lease option gets the seller a better offer or a higher purchase price

Category: Lease Options

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Jeffrey Fuentes
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These group of investors were really knowledgeable and helpful in getting our property sold with no hassle. Thank you Jill and Edgar for all your help in making this a quick and hassle free process. We appreciate you were always available to take our calls and that y’all were very professional.
Rebekah Hastings
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We sold our home with this company and were overall pleased with the process and outcome. The process can be a bit of an emotional roller-coaster (this is primarily due to the nature of the market, not a fault of the company), but Edgar and his team did their best to make it as straight-forward and stress-free as possible. Be prepared to show your home to potential investors and marketers, and be aware that you will probably not receive market value for your home. But if you need to sell your home quickly and don't have the available cash to cover repairs and closing costs, this is the best route to go. We closed within 30 days of having reached out to House Buyer San Antonio, and the funds were transferred to us within 24 hours of closing.
Jennifer McKenzie
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Edgar was very professional with great communication skills. He made the transaction run very smooth as it was a stressful time moving our mother out of her home and into a nursing home.
Maria Gonzalez
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This company made the process of selling my home an extremely pleasant experience. I was very impressed and satisfied with the whole process. Thank you, Maria Gonzalez
Rick Comacho
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Sal and the team were great. I was selling a house for my mom, and I was 1000 miles away. I made arrangements to meet several companies and Sal was the most prompt with returning calls and texts. Very important when you need to move quickly. He made an offer that worked and we got the house sold quickly. Selling a home is stressful and there was still stress, but it was mitigated by Sal's flexibility. God is good. Rick.
Ken Fries
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Right from the get go response time was awesome. I filled out the information on the web site and received a response from somebody with in hrs. Sal took over and has help get us through the pain of selling my childhood home with ease. Gave us a excellent offer. Would recommend him to all that are trying to sell a home.
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