Advantages of rent with option to buy for

Homeowners also benefit from rent-to-own , especially when housing price declines are expecte. This may be a good way to sell your property at a time when demand stagnates. Rent your apartment and forget about worries 0% late payment. We take charge if the tenant does not pay.  The period to execute the purchase . After this period, the opter loses his right of option. A premium , not mandatory but recommended, that the tenant pays to the owner as a guarantee for the future transfer. Advantages of rent with option for owners It seems that renting with an option to buy offers innumerable advantages for the tenant : they have much more time to find a good mortgage loan, they pay as if it were a rental, although they are really financing the purchase of the property little by little. But the owner also makes a profit with this type of rental.

Good option before a possible price drop

The purchase price cannot be modified once the rental contract with option to purchase is signe. If the market points to a decrease in the price of housing, this type of contract plays a good role, since it can guarantee you a higher sales price even if the market subsequently collapses. Furthermore, in times of stagnant demand and with the Euribor skyrocketing, the buyer will Bolivia Phone Number List appreciate a rental with an option to buy, as it is perhaps the option that will require the least effort to acquire a property. The process of buying and selling an apartment is usually longer than that of renting. Tax advantages of rent with option to buy A landlord who chooses to rent to own may enjoy tax advantages.

 The premium as guarantee

Although it is not mandatory, it is highly recommended to agree to pay a premium that gives you more guarantees that the interested party will buy the home. This is a very good insurance against non-payment of rent , as it is usually higher than the amounts Cambodia Phone Number paid under the deposit. In addition, the potential buyer will appreciate a premium because they are usually lower than the down payment that banks ask for when applying for a mortgage. How do I put my apartment for rent? If you have come this far, it is because you are convinced of putting your apartment for rent.