Thanks in advance for any replies.
I’ll get straight to it -
the facts
- my home, on MLS. LIsted at just under $300K
- possible interest in lease-to-own from a buyer’s agent
- have had plenty of foot traffic via MLS but no firm offers on table yet.
Should I consider the l/o or should I just try to sell it outright. Do not HAVE to move, but have growing family and would like to buy SFH since prices have fallen to more reasonable levels in my area.
If I do the l/o - I need advice from the experts here as to how much money to get up front, how the agents are going to get paid from this deal, what time frame is a “good timeframe” for a l/o (year, 2 years, 6 months?).
I would definitely have a prop. mgt company involved even though we’d be staying in the area so the monthly rent is going to be comparable to a mortgage note from a bank. I don’t really know what the advantages are to the prospective buyer becuase of this . . . any particular questions I should have my agent ask her agent??
Sorry, I’m sure this stuff has been answered a million times here.