Rent to Own , may just be the ticket.
Investors and Landlords Wanted for Pensacola, Pace and Gulf Breeze Short Sales
Renting in Pensacola, Pace or Gulf Breeze and Home for Rent is as simple as contacting one of our property management experts. We would love to earn your business and WOW you with our services. Regardless of price we treat you with total respect as to what you want not a home that we need to rent. We want you to get a rental that you can call HOME.
Renters are taking advantage of our Smooth Move Program, Choose between Free use of our Moving Van or a $25 or Gift Certificate. Be sure to ask about FREE Rent. Pensacola, Pace and Gulf Breeze Homes for Rent
Are you paying too much in Property Management Fees? Are you going broke with maintenance fees, low rents, lack of tenants etc? We charge a Flat Fee of $50. a month which includes monthly reconciliation statement, tenant screening, property inspections, we do low cost preventive maintenance saving owners thousands. We save owners 75% over other property managers. Bottom Line is WE make you MONEY. Call Michelle - 800-309-3414 - Charles Stallions Real Estate Services Inc.
Property Management for $50 Flat fee monthly
THOUSANDS OF HOMES.... One Address www.charlesstallions.com
With the mortgage crisis the way still in limbo, the tightening of money from lenders or lack of money to loan. I get a lot of calls from buyers wanting to know if rent to own is an option. The short answer is maybe... Some ways to tell. If you apply for a loan and the interest rates puts the payments above what a similar home is on a rent to own home, then a rent to own home is for you. If you have credit issues that would prevent you from getting a loan then a rent to own could be for you.
Things to make sure you do.
- When agreeing to a rent to own you will want to make sure you make the payments to the lender and not depend on the seller.
- Make sure you put some kind of notice or recording with the courts that you have an interest in the property. Partly because you do not want the owner to be able to get a second mortgage or another loan on the home that would effect the contract. Whatever is proper in your state.
- You will always want to do a title search so as to not have any surprises, Do not try to save money here. Next to the wording of the contract this is probably the most important thing.
- Make sure to put in the contract that the seller is to not cause or seek a loan of any type after the contract date.
- You will want the seller to furnish a home warranty.
- There should be a dropdead date with a signed earnest money contract that defines how much of your rent applies to the pre-defined purchase price.
Things to make sure you don't do.
- Do not buy a home with an adjustable rate mortgage.
- Do not buy a home if any party says you do not need a title search at this time.
- Do not buy without the advise of a Realtor, there are numerous horror stories where the wording became a conflict and each party read something different when issues arived.
Rent to own can be a wonderful thing and works very well as long as you know what it is going in. Make sure what you agree to is in writing. There is no such thing as too much writing when it comes to understanding a contract.
_________________________________________________________________________________________________________________________________________ THOUSANDS OF HOMES.... One Address www.charlesstallions.com Looking for a home to rent, sell or buy in Pensacola Florida, Pace Florida and Gulf Breeze Florida. E-mail charles@charlesstallions.com foreclosures, short sales homes for sale or rent. Charles Stallions Real Estate Services located in Pensacola Florida, a 12 member team of local experts on Loan Modifications, Certified Residential Specialist, Distressed Property Expert with fourteen years in real estate dealing in foreclosures, first time home buyer programs and investor sales. We are the company you keep, with your one stop office for Property Management, Title and Closing Solutions, FHA, VA, Conventional Loans, Termite and Pest Control, Land Surveyors, Around the House repair company, Legal Service Provider in Pensacola Florida. We sell Real Estate in Pensacola Florida.
Charles Stallions is your complete source for all Pensacola FL real estate and local events and information.
Charles Stallions
Broker
Office Phone: 850-478-8811
Office Fax: 850-332-6838
Email: charles@charlesstallions.com
View Listings
Comments(3)