Most people in the real estate market don’t know what lease to sell is or its potential benefits.

This is a fantastic program for sellers that are underwater on their current mortgage or want to make extra money. They’re either out of town or want to start leasing their home to a tenant that can pay off repairs.

As a landlord, you should commit to at least a four-year contract. The tenant buyer would then bring in money to maintain the home through monthly payments. If you don’t have a mortgage, this serves as passive income.

The tenant, however, benefits from this by building credit. You then pay off your mortgage in return! You want to sell your home to someone responsible. That’s the reason we work with this program.

How do you market your home? We typically recommend marketing your home through rental properties. Many people looking for rental properties don’t know they can rent to own a home of their own. Therefore, you need to get creative and cater to customers like this. Contact your local agent if you don’t know about a program like this in your area.

If you’re thinking about buying or selling in the surrounding Northwest Chicago Suburbs, give us a call or send us an email today. We’d be happy to hear from you soon!