Teaming up with IF Rentals to rent to own your home

One of my new connections with the rent to own program is with IF Rentals located here in Idaho Falls.

I work personally with the manager and number 1 we screen the people moving into your home with the standard process that IF Rentals uses to screen all their renters.

Then once the rent to own candidate passes that test, we have them sign a lease
purchase agreement.

My banker and I work with the renter to help them get financing. As soon as we can get their credit good enough to buy, we help the renter exercise their option to buy your home.

I do not collect any fees unless they exercise their option.

You get the benefit of using a professional rental agency such as IF Rentals.

My banker fixer their credit good enough to buy.

You win because this might be the only way you can sell your home.

What I mean by that is people try and sell their home with a realtor.

They find out after about 6 months or so that they can't sell it for one reason or another.

Then they call IF Rentals wondering if they can just rent it for them.

Where I come in, is I will list your home for only 1.5%. Most Realtors charge 3%.

You offer the buyers agent 3% just like a standard contract.

I put both my signs up. One says For Sale, and the other says Rent to Own.

I am kind of the bridge between just flat out selling your home and renting.

I don't know of any Realtors currently offering this bridge.

I truly offer a service and don't get paid unless I am successful.

I look forward to working with you.

Thanks Burke Bennett
http://www.seidahohomes.com/
208 589 5599
burkebennett@hotmail.com

Can't sell your home? Try Burke's rent-to-own.

Can't sell your home? Why not rent-to-own your home? Call me for exact details, but basically this is how it works.

It would be wonderful if you could sell your home in 30 days. The market currently is a tad soft, mostly because financing is so hard to come by.

People still need housing, and the rental market is hot, hot, hot. Did I mention it is hot?

You basically need to figure out how much option money you need down. You give this back to the renter when they exercise their option, but this money is non-refundable if they don't.

As a general rule you should have them put down at least $3000 on mid range homes, and on upper scale homes you need more.

The rent really depends on what the market value is. Sometimes, I will just let them make my payment for me.

Renters are in charge of all maintenance, utilities, and repairs, just as if it were their own home.

I have my banker or their banker work with them, and we help get them financing. Some need time to fix their credit, get a grant, or some need time to sell their own home, etc.

This is a great way to sell your home quickly. Generally the renter pays for all the closing costs in 6 to 12 months because they can get in a home with no closing costs up front. The reason they pay for this is you have already paid all the closing costs once.

It works out as a win win for everyone. You sell your home quickly and have someone pay your payments while they get financing. The renter wins because they can get their finances in order and only move "once."

It also works good for the renter because they don't have to come up with the 3% necessary for closing costs. They can actually save up for this, or get a grant through my banker, depending on their situation.

I currently have 6 rent-to-owns that are currently sold. I have sold two rent-to-own homes before in one hour. It really does work out well for both parties.

Channel 3 news did a news article on some of my rent-to-own programs.

Check out Burke Bennett Realtor/Broker for Idaho Falls, Rigby, Rexburg, and Shelley on video from Channel 3 News.

208 589 5599. Thanks, Burke Bennett

http://www.seidahohomes.com