Home owners who have been trying to sell their properties for a year or more might consider lease or a rent-to-own option.
A lease option agreement gives the tenant the option to buy at a predetermined price for a rent that is slightly higher than market. In a lease purchase, a buyer commits to buying the property. In exchange, the seller credits a percentage of each payment toward the purchase price.
Either arrangement is likely to attract serious renters who would like to buy the property if they can. In exchange, they’ll take good care of it.
Negotiating these agreements can be tricky, and the owner should always get help from a real estate professional.
A big added value that is provided by your Nesbitt Realty property manager is “separation”. Your Nesbitt Realty property manager maintains an adequate level of separation between the landlord and the tenants and the property. As you may already know, it is important to invest in real estate without emotionally investing in tenants or property. Your Nesbitt Realty property manager ensures that you always make the best decision for your family, rather than the tenant’s family.
In other words, your Nesbitt Realty rental property manager serves as a buffer between the owner and his/her tenants. Nesbitt Realty assists you with finding tenants, handling repair projects and maintenance, overseeing improvements, collecting rent, and even paying some expenses and taxes. The specific tasks we handle vary considerably based upon the needs and wishes of the property owner. Additionally, a competent Nesbitt Realty property manager gives you protection from certain liabilities.
Our real estate agents are dedicated to excellence and are required to continue their education after licensing.