197. What is a Lease Option and How do You Use it to Sell Your House in Salt Lake City?
Summit Home Buyers
by Stanford Mead
1y ago
Lease options offer would-be buyers a specified amount of time to qualify for a conventional mortgage before they purchase a property while enjoying all of the perks of homeownership.  The benefits of the rent-to-own arrangement far outweigh the risks for savvy sellers. So, read on as we explore using a lease option to sell your house in Salt Lake City. Option Fee and Rent Premiums The option fee provides the exclusive right to buy the property to the tenants using a lease option to sell your house in Salt Lake City. If your tenants choose not to exercise their option to purchase the home ..read more
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196. How to Avoid Repairs When Selling Your House in Salt Lake City
Summit Home Buyers
by Stanford Mead
1y ago
Home repairs. Those two words have the power to send shudders down the spines of homeowners, especially when it is time to sell. So often, these sellers list without knowing the depth of the repairs lurking below their roof, walls, and foundation surfaces. Instead, spending restless nights tossing and turning in fear and anticipation of the inevitable inspection phase. These sellers may not have the physical ability to make the repairs or the emotional wherewithal to withstand the stress of such a long, complicated process that opening the uncertain can of worms that repairs can become. Or, th ..read more
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195. What Does it Mean to Sell Your House on Terms in Salt Lake City?
Summit Home Buyers
by Stanford Mead
1y ago
Is your dream home on the market? Then, you’d better move fast in the hot Salt Lake City real estate market like the one we are in now! Sellers are flush with cash buyers’ offers and benefit from selecting among buyers in bidding wars! Often, would-be buyers need to sell their existing homes for the funds before they can close on purchasing a new property, meaning there will be a contingent upon sale clause in the contract. Unfortunately, this contingency may put you at an enormous disadvantage when you’re up against fierce competition for a seriously depleted inventory of available homes.&nbs ..read more
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194. How to Sell Your House With Tenants in Salt Lake City
Summit Home Buyers
by Stanford Mead
1y ago
Exit strategies are necessary for the real estate investment business as a part of your overall strategy to realize the best returns on the investment when you purchase the property. Savvy investors, however, understand that they must maintain a constant vigil over the local market for upcoming changes or trends in real estate requiring an earlier than planned exit. Additionally, changes in our personal lives may affect the strategy we use for the holdings in our real estate portfolios which may require selling with a tenant in residence. Whatever may have led to the decision that the timing w ..read more
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193. How to Get Your Asking Price Without Any Waiting in Salt Lake City
Summit Home Buyers
by Stanford Mead
1y ago
There is a shortage of opportunities and high desirability of rent-to-own properties for buyers, making rent-to-own agreements offer a lucrative delayed exit strategy allowing real estate investors to squeeze a few extra dimes out of the returns on the property. In addition, the buyer maintains the property as if it were their own, typically up to a given price point, per the terms of your agreement. All while you enjoy an extra income stream during the lease period.  Rent-to-own opportunities afford the buyer a method of attaining the benefits of homeownership before qualifying for a con ..read more
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192. The Fastest Way to Sell a House in Salt Lake City if You Are Getting a Divorce
Summit Home Buyers
by Stanford Mead
1y ago
When going through a divorce, there are many decisions to be made. Understandably, the goal is to complete the process and bring your settlement to full closure as quickly as possible, including selling a shared house. However, the funds from the sale are often required so that you can each move forward, meaning you’ll need to sell the house quickly. Should you find yourself at this crossroads of life, read on as we explore the fastest way to sell a house in Salt Lake City if you are getting a divorce. Consider Your Options As an FSBO or for sale by the owner, you could attempt to list indepen ..read more
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190. The Easiest Way to Sell a House in Salt Lake City When There are Multiple Owners
Summit Home Buyers
by Stanford Mead
1y ago
Multiple property owners multiply the complexities when it’s time to sell. However, you can mitigate misunderstandings, miscommunications, and missed opportunities to earn the highest possible profits by taking steps to keep the stress levels low, preventing costly issues. When investors enter into joint ownership, it’s best to do so under the advice of a local real estate tax and legal professionals, planning your exit strategy to avoid entanglements. No matter the circumstances you face, read on if you’re ready to find out more about the easiest way for real estate investors like you to sell ..read more
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191. Five Benefits of Selling Your House Via Rent to Own in Salt Lake City
Summit Home Buyers
by Stanford Mead
1y ago
For those who may be ready to sell yet can hold onto a house that is ready for rental for a few years longer, the rent-to-own scenario provides some perks that make rent-to-own an option worth considering.  There is a large buyer pool waiting for these opportunities, seeking to attain the lifestyle that homeownership affords before they’re ready for a mortgage. Read on as we explore five benefits of selling your house via rent to own in Salt Lake City  Equity One benefit of selling your house via rent-to-own in Salt Lake City is in the equity that will build over the time of the cont ..read more
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How To Sell Your Home Fast In Salt Lake City, Utah
Summit Home Buyers
by Stanford Mead
2y ago
Real estate markets fluctuate — sometimes they are really hot and there are so many buyers that sellers will list a property and it gets snapped up the same day. Sometimes markets are kind of soft, which means a house might stay on a listing for weeks or even months without getting any offers! Homeowners who are selling their homes in the second kind of market are often surprised and dismayed to discover just how long it can take. That duration can be disruptive to your life, especially if you have to wait for the sale of your own home in order to buy another home or move to a different city ..read more
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Foreclosure Prevention Measures In Salt Lake City and the rest of Utah
Summit Home Buyers
by Stanford Mead
2y ago
Local Utah homeowners who are facing a financial challenge may find themselves in foreclosure. Foreclosure is when the mortgage loan doesn’t get paid back and the bank begins the process to take ownership of the property to recoup its losses. If you find yourself entering the foreclosure process, you might wonder if there is anything you can do about it. In this blog post, you’ll read about a few foreclosure prevention measures in Salt Lake City that you can take to keep your home from foreclosure. Foreclosure prevention measures in Salt Lake City Utah These foreclosure prevention measures mig ..read more
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