How to Sell Your House By Lease Options

Written by Caterina Christakos


How to Sell Your House By Lease Option

Many people buy a house then have to move within a few years, due to divorce, relocation or financial difficulties. Without any equity though, it can be nearly impossible to find buyers and you still have realtor fees to contend with. There is a simple, easy way to have your payments taken care of for you and find a buyer, so that you can move onto your new life quickly and easily.

Homeowners can sell their homes by lease option.

What arerepparttar benefits of selling my house on a lease option?

When you lease option your house, you sellrepparttar 112649 right to purchase your home at a set price within a predetermined period of time. During that time,repparttar 112650 purchaser ofrepparttar 112651 lease option pays you a set monthly fee. They pay what amounts to their “rent” to you withrepparttar 112652 provision that they can purchase your house within a certain period of time and have part ofrepparttar 112653 rent that they have paid you applied to their final purchase price.

Q What arerepparttar 112654 advantages of selling my home by lease option over listing it with a Realtor?

By selling your home in this way, you avoid realtor fees and some other closing costs. You also have a tenant who intends to purchase your property. They will take better care ofrepparttar 112655 home than a renter would and may even fix it up a bit for you. You also, naturally, have your payments taken care of and keeprepparttar 112656 tax benefits of owning your home, untilrepparttar 112657 final sale.

7 Cost Cutting Tips

Written by Kara Kelso


Today's market is rough, so all of us are looking for ways to cut costs. Here are just a few that you can try for yourself:

1. Shared plans with cell phones.

If you have a cell phone that offers shared plans (two or more phones sharingrepparttar same minutes for a small extra fee) and have a family member that you can trust, ask them if they would like to splitrepparttar 112648 bill with you. My normal cell phone bill was $45, but only $15 for an extra phone and number that a family member has. We splitrepparttar 112649 bill and now each of us only pay $30/month. Not bad for free long distance!

2. Watching for "free admission" days

Many places offer "free admission" days or weekends for children or entire families. Even discount days or weekends can help your budget. Watch for these so you can take your family on a special outing.

3. Only eat out on "Kids Eat Free" nights

Several restaurant chains and local places have specific days ofrepparttar 112650 week where children eat free. If you only eat out on these specific days you will see a significant drop in your monthly expenses. (Children can eat more than you think sometimes!)

4. Prepair Home Cooked Meals

Even if you are too busy, just cooking quick and simple meals a 3 or 4 times a week can keep you in left overs for days. One ofrepparttar 112651 simplest are roasts that you can just throw inrepparttar 112652 oven and forget about for a few hours. If it's a large enough roast a family of 4 can make meals out of it for days (just don't forget to throw in several potatoes with it!).

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