Perhaps you are an investor with renters in place that have requested an opportunity to enter into a lease option for the property. Or perhaps you’re an investor ready to exit a property but find it challenging to move the home buyer pool for lease option properties is steadily increasing as interest rates rise. Additionally, the jump in home prices has made it difficult for many home buyers to attain the dream of homeownership.
Whatever the reason you’re researching the subject, there are many methods to sell an investment property, and lease options offer benefits for Omaha and Council Bluffs real estate investors that are worth noting. So read on as we explore why real estate investors should consider lease options in Omaha and Council Bluffs.
Tax Benefits
Who doesn’t like to realize savings on their investments? Your tax advisor can clue you in on the tax benefits for real estate investors who offer lease options in Omaha and Council Bluffs.
Eliminate Holding Costs
While you won’t realize your entire profits on the sale instantaneously, your home buyer will be paying the usual holding costs that roll in monthly during the term of the agreement. Often, homebuyers are responsible for the maintenance and repairs as if they were already the rightful owners. While the arrangement may delay your gratification, you hold the title, and if the homebuyers don’t exercise the option, history shows your equity in the property will continue to climb, so you’ve lost nothing, which is another reason why real estate investors should consider lease options in Omaha and Council Bluffs.
Keeping Upfront Down
When professional direct cash home buyers in Omaha and Council Bluffs enter the agreement, they’ll pay option money upfront for the right to buy the property. This option money will be yours to keep, even if they don’t buy the property at the end of the agreement, and this is another reason real estate investors should consider lease options in Omaha and Council Bluffs. With a lease option, you could offer to place an agreed-upon amount of the rent in escrow to apply towards the downpayment. However, these funds return to the homebuyers if they fail to exercise the option to buy the property. Rent credit is an attractive incentive for homebuyers that need to build up funds for a downpayment.
Sales Price
With a lease option, you can either agree upon a much higher final sales price, which you’ve estimated based on predictive analysis or agree to decide on the final sales price at the end of the agreement. Sellers risk an unforeseen jump in market values and losing out on more significant profits by setting the price after the contract. Typically professional home buyers in Omaha and Council Bluffs prefer a preset price and are willing to pay a little more to enjoy the benefits of homeownership before actually owning the property. This increased profit is another reason why real estate investors should consider lease options in Omaha and Council Bluffs.
Talk to one of our local professional home buyers in Omaha and Council Bluffs at Harter Investments about the rewards of lease options in Omaha and Council Bluffs real estate investors like you. At Harter Investments, we buy houses in Omaha and Council Bluffs and we believe in total transparency, so the professional direct cash home buyers in Council Bluffs and Omaha at Harter Investments will advise you about the current market value of your property, detailing how much you’d likely profit by listing or by providing a lease option opportunity. At Harter Investments, we will also offer the numbers to you on the third option to sell your investment property fast in Omaha and Council Bluffs, and you may be surprised to discover just how much time, energy, and money you can save by selling directly. Our goal at Harter Investments is to help you, our neighbors here in Omaha and Council Bluffs, mefret the requirements that your current circumstances call for and realize the highest returns on your investment property. Just call professional direct cash home buyers in Council Bluffs and Omaha from Harter Investments at 402-939-6556 or send us a message today or visit us at www.harterinvestments.com!
