
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, will be paid by us while we are
selling your house to a tenant/buyer. Sunset Key Investments, Inc. only deals
with 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. assists with your monthly payment while a
tenant/buyer is qualifying for a loan. Tenant 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 a
“pre-qualified” 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 ageed-upon 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. We have purchased/owned and
sold over 100 houses...We can help you sell yours!
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 with our experience of managing over
450 tenants in the past 30 years.
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 agreed-upon 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
agreements. 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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