
We Buy Houses!
Frequently Asked Questions About Selling Your House
by Lease Option
Q: What are the benefits
of selling my house on a lease option?
A: When Sunset Key Investments,
Inc. lease options a house, we guarantee in writing that all minor maintenance,
repairs, taxes and insurance will be paid by us while we are selling your
house to a sub-tenant/buyer. Sunset Key Investments, Inc. only deals with
high quality people who are looking to buy, not just rent a house. When
you sell your house by lease option, Sunset Key Investments, Inc. handles
all the marketing of the house. This includes paying for advertising, screening
potential tenant/buyers, and showing the house. We want the process of
selling your home to go as smoothly as possible, with no more headaches
for you caused by buyers who tell you that they want the house, but end
up not being able to qualify for financing. You are also relieved of having
to pay double mortgage payments in the event that you have to move before
you are able to get a buyer for your home. In short, Sunset Key Investments,
Inc simplifies the process of selling your home by handling all the details
that waste so much of your time and money.
Q: What are the advantages
of selling my home by lease option over listing it with a Realtor?
A: Sunset Key Investments,
Inc. makes your monthly payment while a sub-tenant/buyer is qualifying
for a loan. All your expenses related to the house are taken care of. Try
getting a Realtor to do that while listing your home! Another advantage
is that Sunset Key Investments, Inc is only interested in putting high
quality tenant/buyers in the house since we make our profit by selling
for higher than we buy. Since we guarantee all minor maintenance on the
house, it is in our best interest to ensure that our tenant/buyer will
take care of the home and eventually secure financing to cash you, the
seller, and us out. This means that we put our tenant/buyers through an
intensive pre-screening process. We don’t just work for commissions, we
have a vested interest in the house, and making sure that it gets sold.
Q: How long does it take before
your tenant/buyer cashes me out?
A: That can depend on a number
of different factors. We work with many mortgage brokers that are usually
able to get most people financed after they have paid for 6-12 months on
the lease option. Since everyone’s credit history varies, that time period
can be shorter or longer for the tenant/buyer that we eventually put into
the home, so we cannot guarantee when our tenant/buyer will secure new
financing. However, until our tenant/buyer qualifies for financing, we
continue to pay all the expenses related to the house. It is also in our
best interest to get our tenant/buyer a new loan, since that cashes us
out as well, so we work aggressively to get our tenant/buyer financed as
soon as possible.
Q: Why don’t I just
sell the house myself?
A: That is always an option
that is available to you. The difference would be that you are responsible
for your monthly payment, your taxes, insurance, and all maintenance or
repairs that the house needs while you are trying to sell it. You then
need to try to find someone who can actually qualify for financing, wait
for them to get approved, and hope that they don’t pull out of the deal,
making you start the whole process over again.
Q: Why don’t I just find my
own tenant/buyer to put in the house?
A: If you have the expertise
to screen potential tenant/buyers, check references, know what sort of
credit scores will allow someone to be able to be financed, deal with maintaining
your home while someone else lives in it, work with mortgage brokers to
get them financed, and finally set up a closing, then finding a tenant/buyer
on your own would be a viable option for you. If you lack the expertise
in any of these areas, we are able to help.
Q: What if your tenant/buyer
doesn’t buy the house?
A: Our
tenant/buyers are carefully pre-screened to ensure that they want to buy
the house, and are able to buy it at some point in the future. However,
circumstances can change in someone’s life, such as an unexpected job transfer,
that makes it necessary to move. In situations like that, we continue to
pay all the expenses for the house, while we find another qualified tenant/buyer
to put into the home.
It is our goal to ensure that the process of selling your
home is a smooth and easy one for you. We strive for a win-win-win situation
in all our lease option deals. You, as the seller of the house, win by
receiving the assurance of knowing that while the house is being sold,
all of the expenses are taken care of, and the house is maintained. Our
tenant/buyer wins by getting to own a home in a shorter amount of time
than it would take them if they were trying to buy conventionally, as well
as being able to immediately occupy their new home, while qualifying for
a loan. We win by profiting from the sale of the home, as well as gaining
2 more satisfied customers. The reason that we are in business is, of course,
to make a profit, as well as use our expertise in real estate transactions
to assist homebuyers and sellers in making the sale or purchase of their
home an easy one.
E-mail Us
Or Call Us Today! at (919) 858-7060
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