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.
In Northern Virginia, Nesbitt Realty & Management can provide you with property management solutions that help your properties operate smoothly, increase in desirability, and enhance the investment value. Property owners, investors, and landlords across Northern Virginia rely on Nesbitt Realty to assist them in achieving their goals of superior property management performance and profitability.
Whether your properties are single-family homes, condos, duplexes, or townhouses, Nesbitt Realty will manage your property with the most dedicated full-time property managers. We are highly knowledgeable in attracting and retaining desirable tenants.
Learn more now!
What we do, we adore.
