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I used this strategy of rent-to-own often in the late 80's, early 90's down-market. It helped many a seller through a difficult time. But be aware! There is a risk. When the market rebounded a some buyers chose not to complete the purchase of the house,even though their down payment was at risk. At that point the buyer is considered the tenant and if they are awful people might need to be evicted. Hopefully they didn't damage the house when they left. On the up-side the lease/purchase assisted many deserving people purchase a house that they couldn't otherwise buy.
The challenge is finding the training. Many of the over 50 group didn't grow up with the technology. Incorporating the new technology means coming out of your comfort zone. It's scary and hard to embrace. But the reality is the future is now. The changes are coming fast. There's lots of confusion and lack of understanding. What is needed are some LIVE training classes to teach what is available, how to use it and when to use it.
Decluttering is also a great way to start packing. Take down those family photos that cover the walls. Depersonalize the house. Walls filled with pictures make the rooms appear smaller. Buyers can't feel at home when surrounded by so many of the seller's personal photos. Erica West Sonoran Lifestyle Real Estate Fountain Hills, Az. 480-837-7000
