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If youve spent time traveling around Gwinnett County Georgia or browsing Craigslist or other sites like that you may have seen ads that check out Own a home for $500/month. No credit check! While it appears too good to be true regional rent-to-own homes are a practical alternative that lots of Gwinnett County Ga. homeowners are taking advantage of. However Are Gwinnett County Ga. Lease-to-Own Homes a Scam? In any organization there are a couple of hucksters who arent doing the best thing that gives everybody else a bad name. Leasing to own homes isnt a rip-off and theyre a really excellent method for people to get on course to homeownership if your financial circumstance currently hampers you from getting a house loan right now. IS lease to own homes a Scam? You can find numerous fantastic articles online from reputable resources that back up the fact that lease to own (likewise called a rent to own homes by many people) is a legitimate and fantastic way to work your way into homeownership. Actually the lease to own process is a fairly basic idea: 1. The buyer and seller first come to an arrangement on the expense of the house the regular monthly rental payment and how long the buyer will have to buy the house. 2. The purchaser moves into the house and begins paying rent. As this is going on the tenant-buyer is diligently working to reconstruct his or her credit or potentially securing financing to buy the home using standard methods and the purchaser can feel that exact same sense of pride that homeowner feel since theyre pursuing that objective of own a home actively. 3. At the end of the term the purchaser has the choice to buy the home at the rate agreed upon in the preliminary contract. They may also choose to not buy the house leave the house in good condition and move on with their life Things To Consider With Your Gwinnett County Ga. To Own Home/ Lease Option While Lease-to-own homes in Gwinnett County Ga. are a valid company venture there are many things that purchasers must think about. Purchasing a home is one of the most intricate financial choices that Americans make every year and renting to own is no different. There are numerous possible pitfalls: Unlike traditional ownership if a tenant misses out on a payment the whole contract could be voided. So ensure to check out the fine print and ask the homeowner what the default provision is. Any trustworthy real estate company like https://www.FreshStartRentToOwnHomes.com will give you this info and answer any of your questions. If you decide not to purchase the home or are not able to protect financing any credit (if relevant) you may have made will likely be lost The in advance option fee for the lease to own arrangement is generally a non-refundable charge. So make sure if you sign on the dotted line that this house is the best one for you. Unlike conventional rental contracts in a rent-to-own situation the tenant is responsible for a lot of repair work. Some Advantages of Renting To Own A Local Gwinnett County Ga. Home While leasing to own is not without risk (and no financial choice is risk-free) there are a ton of advantages: Buyers can check out the community prior to dedicating to a 30-year home loan. Families can move in quickly and enroll children in the regional school district. Tenant-Buyers with credit issues will have time to get their monetary circumstances in order. The seller has a tenant-buyer who has great intentions to keep the residential or commercial property fit. The seller will receive month-to-month payments which can cover home mortgage payments. The seller is exposed to a bigger possible market by including those without perfect credit. All things thought about not just is renting to own a home in Gwinnett County Ga. definitely not a rip-off but a legitimate choice for both buyers and sellers. If you desire more details on leasing to own a Gwinnett County Ga. house the process and our offered list of local Gwinnett County Ga lease to own houses/ lease choices Call us now 678-337-1165 or go to https://www.FreshStartHomeSales.com and begin now.. https://FreshStartHomeSales.business.site https://www.pressadvantage.com/organization/fresh-start-home-sales https://www.Facebook.com/freshstarthomesales http://www.pearltrees.com/freshstarthomesales Tweets by RentToOwnHomAtl https://sites.google.com/site/freshstarthomesales/home https://sites.google.com/view/renttoownhomesgeorgia/home Fresh Start Home Sales 2330 Scenic Highway Snellville GA 30078 The post Is Lease To Own Homes A Scam? appeared first on Fresh Start Home Sales. via Blog Fresh Start Home Sales https://www.freshstarthomesales.com/is-lease-to-own-homes-a-scam/

Downsizing your house in Atlanta is a great idea for many reasons. Save more time money and live somewhere that will be more comfortable for you! Keep reading to learn more about all of the benefits downsizing your home will offer you! Downsizing your house in Atlanta comes with numerous benefits. Between the saved time money and stress living in a smaller home is proving to be the better choice for many Atlanta homeowners. In our latest post we explore why more and more people are choosing to downsize their home in Atlanta . For many homeowners downsizing makes a lot of sense. Find out how easy and beneficial downsizing can be for you! You Will Save Money! A smaller house can save you thousands of dollars. Sure it is obvious that you will likely have a lower mortgage payment for your new and smaller house but having a smaller house also comes with a number of other financial benefits. Making repairs and upgrades to the house will cost less. You wont need as many materials nor will you need to spend as much time doing the work. Your property taxes will be lower on your new and smaller home as the assessed value will likely be less than your current large property. It will cost less to insure the property as it is much smaller and carries less risk. Your utility bills will drop as there is less house for you to heat and cool. There will be less maintenance and fewer things to replace. Light bulbs new windows and new drawer pulls will all cost less money when there are fewer of them. Overall owning a smaller house can save you thousands over the years. Money you could be saving for other things such as traveling school or as a gift to your family. A larger house may seem nice but when you factor in what you are missing out on it may not be worth all that extra cash. You Will Save Time! When you live in a smaller house in Atlanta youll spend less time making repairs cleaning the house and tending to the yard. A large house will often require more maintenance and take much longer for you to clean up. You can hire a professional cleaning service to help but that is only costing you even more money. You might be surprised to learn how much time living in such a large house is costing you! A smaller house will usually require much less maintenance than a larger one saving you time you could be spending on other things. You Wont Accumulate So Much Stuff! Downsizing your house in Atlanta will help you to cut down on your clutter. With less house to maintain fewer items to keep track of and less space to be in charge of your life will become much more simple. Overall your lifestyle will become simplified. In addition a smaller house will leave a smaller footprint allowing you to benefit the environment at the same time. You Will See Your Family More! When you live in a large home you can go a whole day without seeing your family members even if you are all sharing the same roof! A large house can divide families making spending time together something that must be scheduled instead of just a given. A smaller home brings everyone closer both physically but figuratively too. When your kids dont have numerous areas to escape to they will be in close proximity and forced to talk to you! You Will Be Less Stressed With less property to manage you will have less to worry about. Less can go wrong less has to be maintained. Owning a house with multiple bedrooms or with an oversized yard can become too much for some people. As the years go by you may find that it takes more and more effort to maintain the property. The stress is most likely not worth it. By downsizing into a smaller home you will be able to end the stress while saving time and money. Your lifestyle will become much more simple providing you with excellent peace of mind. For many homeowners in Atlanta the idea of downsizing can seem overwhelming. After living in the same home for a while youve likely collected a lot of things along the way. Downsizing gives you an opportunity to eliminate your unwanted items clearing pace as well as your mind. Our team can help you with the entire downsizing process. Let us handle all the details as well as all of the items you plan on leaving behind. Downsizing your house in Atlanta has never been this easy! Are you thinking about downsizing your house in Atlanta ? Contact Fresh Start Home Sales today to find out how we can help you with a fast and fair sale of your house! 678-337-1165 The post 5 Benefits of Downsizing Your House in Atlanta appeared first on Fresh Start Home Sales. via Blog Fresh Start Home Sales https://www.freshstarthomesales.com/5-benefits-of-downsizing-your-house-in-atlanta/

Marketing your house for sale in Snellville Ga with aLease To Own Agreement can be the most effective way to sell quickly for the money. Learn more regarding exactly how to do it in our most recent blog post! Sell your house rent to own in Snellville Georgia When considering offering a home in Snellville Georgia for sale many individuals dont think about using a lease to own agreement to promote the sale of a house. If you have the ability to postpone receiving the full amount of the residence you will likely have the ability to find a purchaser much sooner while collecting the price you desire for the residence. In addition making use of a rental fee to have a contract will give you the money from a down-payment upfront in addition to a more than average rent repayment every month. You will have the ability to earn money while collecting the complete price for the home in 1-2 years. Marketing in this manner can be extremely helpful for property owners who intend to offer their homes quickly and also for a terrific price. Set Your Standards While opening your house to rent to own purchasers youll be offering an entire brand-new pool of people the possibility to buy your house. That said you cant participate in a contract with just anyone. Youll need to establish what you will accept regarding credit report down-payment amount as well as the length of the agreement. You are not participating in an arrangement with your prospective customer forever until they have the ability to buy outright. Rather you must choose a tenant-buyer who will certainly be able to follow through on their end of the agreement. Even if they have the best intentions being able to actually follow through on the contract is another story. Prior to setting up a rent to possess arrangement for marketing your residence in Snellville Ga make sure you recognize what you will accept as well as what you are searching for in a prospective customer. Agree On The Terms When you understand the type of occupants you are seeking you will certainly require to find someone who will accept your terms. You will need to settle on the rental fee paid each month the down-payment amount as well as any type of part of the rental fee that goes to the acquisition of the residence. You will also be required to define a time-frame that benefits both parties. This is not an uncertain contract. Within 1-3 years the renter must buy the home outright or leave losing their down-payment as well as option to acquire at the same time. Create A Lawful Agreement When utilizing a lease to own agreement for Selling your house in Snellville Ga. Rent To Own it is essential that everything is set up lawfully. You dont want to be hit with a legal action or find yourself in a place where you need to file one on your own. A Rent To Own contract must certainly be detailed covering every circumstance possible as to shield all parties. Fresh Start Home Sales can help you facilitate the procedure of selling your house through a Rent To Own agreement seeing to it every little thing is taken care of skillfully. Having An Escape Much like a rental scenario in a lease to own arrangement you have the ability to force out the occupant if they arent paying rent or if they have actually broken the contract in any way. While you dont desire it to ever come to this you need to be versed in the eviction process knowing what your rights are and what the tenants rights and obligations are. The house is practically your own until it has been paid for completely. Until that day you are required to safeguard it making certain no one is occupying the residential property that will certainly cause damages or reduce the value of the house. Learn more about selling your house via rent to own by reaching out to our team today! 678-337-1165 The post A Step By Step Guide To Selling Your House Via Rent To Own In Snellville appeared first on Fresh Start Home Sales. via Blog Fresh Start Home Sales https://www.freshstarthomesales.com/selling-your-house-via-rent-to-own-in-snellville-ga/

Do you want to downsize your property in Atlanta ? Learn more about the many great benefits smaller houses in Atlanta can offer you in our latest post! If you have lived in the same home for a long time things have likely piled up. People accumulate things over time rarely getting rid of as much as they are bringing in. This can make the thought of downsizing overwhelming. How do you decide what to get rid of and what to keep? How will you ever be able to live in a smaller space? The good news is that once you get started getting rid of things will be easier and you will be able to focus on all of the benefits of living in a smaller home. Whether you are an empty nester or just someone living in a large space whod like to rein things in a bit downsizing your house in Atlanta is one of the smartest moves you can make. Below are just a few of the reasons why we love smaller houses! Less To Clean One of the things we hear most often from homeowners who have decided to downsize in Atlanta is how grateful they are for the low maintenance lifestyle a smaller property can offer. With fewer rooms you will have less to dust less to vacuum and less space to maintain. Youll save time money and energy. Why spend your money cleaning up empty rooms? When you live in a house that is the right size you will only have to clean up after yourself no a bunch of empty space. Few Places To Accumulate Junk Going right along with having less to clean is having fewer places to hide away your junk. When you have stuff everywhere you can feel cluttered both physically and mentally. When you live in a small space there are fewer storage options meaning you will have to reduce the number of items you own. Minimizing the things you own and keeping them orderly can have astonishing mental health benefits. Doesnt feel great when you have cleaned out your closet or garage? Lower Utility Bills A smaller house in Atlanta means less to heat and less to cool. Your electricity bill will likely be much lower than that of a large house. And if youre using cable you might only have two boxes instead of three. A smaller yard means less to water and fewer plants to maintain. All in all you can count on your utility bills going down when you own a smaller house. When you look at your cost savings for the year you could be talking about thousands of dollars! Cheaper Repairs and Upgrades When you live in a smaller house in Atlanta the costs to upgrade will drop dramatically from those of a large house. It costs much less to redo a small kitchen recarpet fewer rooms and to replace a smaller roof. Having a smaller house can save you thousands of dollars in upgrade and repair costs when all is said and done. With less space comes less for you to have to fix maintain and upgrade. More Intimate Many homeowners we meet talk about the large divide that living in a big house has placed on their family. When the kids are always off in the game room basement or den it makes interacting with them much more difficult. You will find that you dont see the members of your family very often even if you are sharing one big roof. With a smaller house families become closer both figuratively and literally. Living in close quarters will create a family bond that you cant achieve with everyone so spread out. Cost Savings There are numerous ways a smaller house will save you money. Aside from the utility savings you will also likely have a lower mortgage payment lower property tax bill and lower insurance costs. Your ownership costs for a small house will be much less than a large house of similar condition in the same area. With all of the money you save you can invest travel or leave something behind for your grandkids. Once you make the transition into smaller living you will be surprised at what you are able to save and wonder why you didnt do it sooner. Downsizing your home may feel like a scary prospect but it doesnt have to be. You can feel good about getting rid of things by donating them or passing them on to friends or family members. You will have more time with fewer chores to complete. Our team can help you through the entire process and handle all of the details if you want to downsize your house fast in Atlanta ! Let Fresh Start Home Sales help when you need to downsize or find smaller houses in Atlanta ! Contact us today for more information! 678-337-1165 The post 6 Great Things About Smaller Houses In Atlanta appeared first on Fresh Start Home Sales. via Blog Fresh Start Home Sales https://www.freshstarthomesales.com/6-great-things-about-smaller-houses-in-atlanta/

Do you need to sell your house in Atlanta ? There are many alternative options to consider that will lead you away from the costs the time and the waiting of the MLS. In this post we will explore how selling via a rent to own agreement will benefit you and your current situation! Find More Potential Buyers A rent to own agreement will allow someone who is lacking a downpayment for a traditional loan the ability to begin the homeownership process. For those who dont want to wait and who are eager to become homeowners they will jump at the chance for a mutually beneficial rent to own agreement. When you sell your Atlanta house in this manner you are opening the door to a number of new buyers who may not have been able to purchase otherwise. This gives you more options money in your pocket faster and the chance to get your asking price without any fuss or negotiation. Get More Than Youd Expect For The House Typically when using a rent to own agreement to buy a house in Atlanta the owner will collect a down payment a higher than average rent payment each month for the property. If the potential buyer should default they risk losing the property along with their initial downpayment not a place any homebuyer would wish to be in. When using a rent to own agreement to sell your house in Atlanta you assume very little risk while collecting a higher than average rent payment each month. For sellers who dont need the entirety of their selling proceeds upfront collecting the cash each month with a sale date in the future can be a very prosperous situation. Generate Routine Income Imagine collecting rent each and every month for your house in Atlanta . Now imagine collecting even more than the average rent along with a downpayment and severe penalties for default. Utilizing a rent to own agreement to sell your house fast in Atlanta is an excellent way to create a steady income you will receive for the next several months. Unlike renting to a standard tenant your potential buyer is very vested in the property and will likely pay their rent on time while taking care of any required maintenance. The last thing someone with the opportunity to buy would want to do is default losing money and their chance at the home. A Faster Process Listing your house for sale on the MLS in Atlanta can take awhile. During this time the holding costs will skyrocket especially if the house is sitting vacant while trying to sell. All of the utility bills maintenance taxes and insurance costs will be completely up to you until the house has sold. When you use a rent to own agreement to find a buyer fast those costs will either be passed on to your buyer directly or the amount they are paying you each month will cover it. Save On Listing Costs Yes you will want to make sure your house looks good but you wont have to spend a fortune fixing it up or keeping it clean for showing after showing. When you sell your house via rent to own agreement your buyers are purchasing not only the house but also the opportunity to buy it which they may not have had otherwise. You wont find yourself spending money or marketing agent fees hefty commissions or any of the other costs that sellers often face. If you decide to sell your house via a rent to own agreement in Atlanta the process can be lucrative and beneficial. We are happy to answer any question you have about the process! Get in touch with Fresh Start Home Sales today to sell your house via a rent to own agreement in Atlanta ! The post 5 Reasons Why You Should Sell Your House Via Rent To Own in Atlanta appeared first on Fresh Start Home Sales. via Blog Fresh Start Home Sales https://www.freshstarthomesales.com/sell-your-house-via-rent-to-own-in-atlanta/

Do you want to become a homeowner but you have a mistake in your past or a blemish on your credit report holding you back from buying the home you dream of? We can help you buy your dream home using a rent to own agreement. Dont wait become a homeowner today! Many people who are saving up their funds hoping to become a homeowner fail to ever look at the benefits of using a rent to own agreement to buy a home. Most people dont realize how helpful and beneficial the process can be. Dont rule out buying a house right now just because the traditional loan options arent working for you. Using a rent to own agreement can help you find and secure your property today instead of years down the road. Who It Can Help Buying a house in Atlanta via a rent to own agreement can offer many benefits to buyers. It can also help people who want to buy but need some more time to prepare. Sure they could wait but many times people are ready to put down roots. They want to find a home for their families without having to pick up and move again any time soon. Using a rent to own contract can help people in a number of situations finally buy the home they have been dreaming of. The beauty of a rent to own agreement is that it provides you with the time you need to get yourself together without having to live in yet another rental property. Bad Credit When you have bad credit you arent going to have much luck qualifying for a loan. If you do qualify youre likely to be stuck with a much higher interest rate than people with better credit. With a rent to own agreement youll be able to secure the property pay a monthly fee and officially close on the property at the end of your lease term. This will give you the time you need to repair your credit and prepare for the actual purchase. Work diligently on your credit during this time and take advantage of free credit reporting tools. Lack Of Savings Coming up with a down payment isnt always easy. By the time you pay your rent utilities family expenses and food bills there isnt always a lot left over to tuck away. That doesnt mean you should have to wait for years to get into a home you love. By using a rent to own contract for a Atlanta property youll be able to settle into the house today while having an extended period of time to save up for a down payment to a traditional lender and eventually buying the house outright. A down payment isnt the only thing you will need money for when buying a house in Atlanta . You should factor in moving costs storage repairs painting touch-ups landscaping new furniture and all the other miscellaneous costs that arise when buying a new home. Before you officially become a homeowner youll want to have a little money in the bank to cover incidentals. What To Expect When you buy your dream home using a rent to own agreement there are a few things you will want to prepare for. First you should expect to pay a higher than average rent. This protects the sellers interests and will make you less likely to default on the agreement. In many agreements a portion of the increased rent will go toward the buyers down payment on the home. The lease term is usually somewhere around 2-3 years however these numbers aren set in stone. The buyer and seller can make an agreement with any duration they see fit. Most agreements will require you to pay an option fee up front. The again protects the sellers interests secures the property and gives you the option to buy the property at the end of the lease term. Why Sellers Love It Too Sellers will also find a number of benefits when selling to a buyer in this manner. They will be more likely to get their asking price They will be able to get some cash up front to move on to a new property They will create a monthly income for themselves They will be able to find a buyer for their house more quickly They will be able to pass off some of the ownership expenses to their prospective buyers They will be able to keep all monies paid toward the house should the buyer default on the agreement If you are ready to become a homeowner in Atlanta but arent ready for a traditional mortgage find out what a rent to own agreement can offer you! Let Us Help You Buy Your Dream Home Using A Rent To Own Agreement! Get In Touch With Us Today! 678-337-1165 The post How To Buy Your Dream Home Using A Rent To Own Agreement in Atlanta appeared first on Fresh Start Home Sales. via Blog Fresh Start Home Sales https://www.freshstarthomesales.com/how-to-buy-your-dream-home-using-a-rent-to-own-agreement-in-atlanta/

Do you want to buy a house but you’re not quite ready to take out a loan? The good news is that you can still become a homeowner, moving into your house right away! In our latest post, you will learn how to buy a house without a mortgage in Atlanta !

If you want to buy a house without a mortgage in Atlanta , you’ll either have to come up with the cash up front or look into alternative ways of funding the property. When you work with a homeowner who will allow you to rent to own, there can be benefits for everyone involved. Keep reading to learn more about the benefits, how the process works, and what to watch out for when using a rent to own contract to buy a house without a mortgage in Atlanta !

Benefits For Buyers

Buyers will receive a number of great benefits when using a rent to own agreement to buy a house in Atlanta . A few of these benefits include…

Try Before You Buy

When you use a rent to own agreement to buy a house in market_city], you’ll be able to really get an idea of what owning the home will be like, before committing to the sale. Once your lease-term is up, you’ll be able to buy or walk away if you deem the property isn’t right for you. You’ll just have to watch for penalties or the loss of your option fee.

Time To Save

Not only will you need a downpayment when you buy a home, but there are a number of other expenses you will likely face as well. Repair costs, moving costs, closing costs, turning utilities on, acquiring furniture to fit the space, and all the other miscellaneous expenses you will face when buying a house in Atlanta . Having some time to save up while still being able to lock in a great price for your dream home is a huge perk for potential homeowners.

Credit Repair

Many wannabe homeowners don’t buy because their credit won’t let them qualify for a loan. During the lease period, the potential buyer will have the chance to repair their credit. You can take this one step further by having the owner report your on-time rent payments to the credit bureaus, thus helping to raise your credit score even higher.

Locked-In Price

The sale price is determined at the beginning of the agreement. You won’t have to worry about rising prices or market fluctuations. You will be able to buy the house for the price determined today. Who knows, in three years from now the value of the property could go through the roof, but you will still have the option to buy the house at the original, lower price.

Benefits For Sellers

There are several wonderful benefits for Atlanta home sellers too. A few of these benefits include…

Asking Price

Most of the time, potential buyers won’t mind paying the asking price in exchange for being able to rent the house, prepare for a mortgage, and ultimately purchase the property outright at today’s prices. If a seller is able to wait to receive the proceeds from the sale, a rent to own contract can help ensure they get the price they want.

Monthly Income

While the homeowner won’t collect on the property right away, they will be able to generate a monthly income from the property. Your potential buyer will pay you to rent each month until the end of the lease term. The last thing a buyer would want to do is default on the agreement. Knowing this, you can almost guarantee that you will receive your rent on time each and every month. Your property isn’t likely to be damaged as your tenant will have a strong interest in keeping the house nice. They may even request to do some upgrades to the property.

How It Works

Rent to own contracts can be set up very differently. Some of the general practices associated with a rent to own contract include:

If you want to rent to own in Atlanta there are a few things you will need to include in your contract. Take a look at a few of the things we suggest you include in our post below. Always have your contract reviewed by a lawyer before signing! The most important thing is to make sure you are protected! Using a rent to own contract in Atlanta is a great way for renters to finally become homeowners. When the agreement is set up properly there are a number of benefits for both parties. As the buyer youll be able to secure your dream home while having time to get your down payment together or your credit in order. The seller will in turn be able to generate income from the property via your rent payment while finding a buyer in a market where they may have been struggling to close a traditional sale. When a buyer finds a property they want that is able to be acquired via a rent to own agreement theyll want to make sure there is an iron-clad agreement put in place. This is a big transaction with a lot on the line. The place you will call home isnt something you should go into lightly. Below are just a few of the things to include in your rent to own contract. Terms of the Lease The terms of the lease need to be outlined in detail. How long will the lease last? Many rent to own agreements last for 2 to 3 years. But if you still arent able to qualify for a loan will an extension be available? When is the rent due and is there a penalty for late payments? There are a lot of questions that can arise when using a rent to own agreement to buy a house in Atlanta . Make sure the agreement you are using is as comprehensive as possible to avoid any discrepancies. Financial Allocations When using a rent to own contract to buy a house in Atlanta youll want to make sure that all the money youre spending is really going somewhere. You will likely be paying an increased amount in rent. In many contracts a percentage of your rent payment will go toward the down payment on the home. A great perk for buyers is the ability to lock in the purchase price. What the property is being sold for today is what the buyer will pay when the lease term is up. Make sure the financial details of the agreement are clearly outlined so their arent any disagreement or confusion about who pays what and what money goes where. Repairs amp; Maintenance Its important to be very clear about who is responsible for what especially when it comes to repairs and maintenance. In many agreements routine maintenance and small repairs will become the responsibility of the tenant. Whereas if something major goes wrong with the home it will come back to the homeowner. An expensive part of being a homeowner is handling all of the repairs and maintenance. In fact some sources recommend setting aside 1-3 of the homes purchase price for maintenance expenses each year. Take this in to account when setting your budget and thinking about what you can afford. Repairs can become an area of contention between a buyer and seller so you should be as detailed as possible in this part of your agreement. Contingencies If something major does go wrong with the home or if you discover something that wasnt disclosed when the deal was made you dont want to find yourself stuck buying the property. Most traditional offers include contingencies to cover in case of damage or a low appraisal. A rent to own agreement should be no different. Be sure to include contingencies in the contract allowing you to walk away from the agreement if you need to. Default Of course you dont want to default on the terms of your lease but you should know what to expect if you do. While you should expect a penalty or forfeiture of funds make sure the penalty is fair and not too severe. A lot can change during your lease-term and if you decide not to buy you dont want to have to worry about being hit with any hefty fines or fees. Some agreements require to purchase at the end of the lease term while others simply give you the option. Know which type of agreement you are signing before making the deal! For many homeowners using a rent to own agreement in Atlanta will help them fulfill their dream of becoming a homeowner. The agreement can be beneficial to both the buyer and seller when set up correctly. Do you want to rent to own in Atlanta ? We can help! Get in touch with us today for more information! 678-337-1165 The post 5 Things To Put In Youre Contract When Buying A House Via Rent To Own in Atlanta appeared first on Fresh Start Home Sales. via Blog Fresh Start Home Sales https://www.freshstarthomesales.com/5-things-to-put-in-youre-contract-when-buying-a-house-via-rent-to-own-in-atlanta/

Using a rent to own contract is a great way for renters to become homeowners! But just like any other real estate purchase its important to use caution before signing on the dotted line! Here are some things to watch out for when buying a rent to own house in Atlanta ! If you are thinking about buying a rent to own house in Atlanta its important to have a clear understanding of how everything will work. Understanding the process the costs and how conflicts will be resolved is crucial when making this type of agreement with a homeowner. As the tenant who is spending money each month counting on the house to one day be yours youll want to do all you can to protect yourself. Below are some things to be aware of when buying a rent to own house in Atlanta . Option Fees Options fees are paid upfront to the owner to secure the contract. You can think of it sort of like a down payment or a security deposit. In most cases this is non-refundable should you default on your contract. That said paying this fee will ensure that you have the option to buy the house outright at a predetermined price once your lease is up. These fees can run anywhere between 2-7 of the final sale price. Most sellers keep the amount low as people who cant afford a down payment for a mortgage arent likely going to be able to afford to pay a high option fee. Increased Rent The amount of rent you pay each month will likely be higher than that of other rentals. This not only secures your interest in the property but in many cases a portion of your rent payments will go toward your down payment on the home. It might be frustrating paying more while trying to save up but this is only done to protect the interests of the homeowner. If you should default on the agreement the increased rent amounts wont likely be refunded. Every contract is set up differently so make sure you know where your funds are going and what youll really have to pay to buy a rent to own house in Atlanta . Undisclosed Problems With The House It is important to have contingencies in the contract should something go wrong with the house that you were unaware of before. Maybe the roof leaks but only during the summer rain and you moved in during the winter. Or maybe there is a mold problem that wasnt brought to your attention until after you moved in. If something in the house should be defective you should have the option to cancel the contract without penalty. Once the house is sold and problems are found there might be little you can do to rectify the situation. Maintenance amp; Repair Costs In many contracts minor repairs and maintenance will become the obligation of the tenant. Larger repairs will fall on the owner. However you dont want to find that you are having to call the AC guy every week to fix the unit on your dime because the owner doesnt want to pay to replace it. Disagreements like this arise all the time and by laying out clearly who is responsible for what youll be able to avoid them. Excessive Penalties amp; Fees Youll want to watch for hidden fees or charges that can be hidden in the contract. You might be penalized for paying rent one day late or find you are going to get stuck paying a fee for investments being charged to local homeowners. You dont want the contract to nickel and dime you racking up fees simply for living there. Carefully read through any contract before signing making sure you clearly understand how repairs reimbursements and fees will be handled. Sellers Who Arent Ethical Sadly real estate scams are a regular occurrence these days. When entering into an agreement make sure to do your research on the title sales history and the owner. Make sure the person selling the house to you has the right to do so. Imagine paying someone to buy a house only to have them skip town when you realize they had no right to enter into the contract with you in the first place. When you work with Fresh Start Home Sales you can be assured that every agreement we help to facilitate comes with a clean title. You will never have to work with unethical sellers or houses that arent what they claim to be. We do the homework for you so you can easily find the property thats right for you without having to worry about being taken advantage of. Our goal is to create fair agreements that benefit both buyers and sellers. We can help you find the perfect rent to own house in Atlanta ! Contact us today for more information! 678-337-1165 The post 6 Things To Watch Out For When Buying A Rent To Own House in Atlanta appeared first on Fresh Start Home Sales. via Blog Fresh Start Home Sales https://www.freshstarthomesales.com/6-things-to-watch-out-for-when-buying-a-rent-to-own-house-in-atlanta/

For young families finding and buying the right house can be more complicated and all-around more difficult than it is for say a single person or a retired couple. A young couple has to consider not only their own needs and wants but also the needs of the children they have are going to have. And that means taking into account factors and features that other buyers may not need to consider. So here are what we think are the top 4 things young families should look for in their Atlanta house. 1. Optimum Space Probably the first thing young families should look for in their Atlanta house is the optimum amount of space. Basically that means enough square footage to accommodate all their family needs but not so much it becomes unaffordable. And that also means considering the size of your family in the future and determining your space needs before you ever begin house hunting. Keep in mind too that the house you are buying now doesnt necessarily need to have all the space youll need to have in the future. You can always trade up or if your lot is big enough you can add on when you need more room. Purchasing a very large home right off the bat may mean that you wind up paying for a lot of square footage that you dont actually need or use. 2. The Right Location Especially Neighborhood and Schools Young families should look for the right location in their Atlanta house especially with respect to the neighborhood and schools. In addition young families should look for homes in neighborhoods with or with nearby family-friendly amenities like playgrounds shops restaurants and entertainment options. Your local real estate agent can be a great asset here. To find out more call 678-337-1165 For young families a great neighborhood must have the right feel. It should have low crime rates friendly neighbors and other kids to play with around the same age. Another thing to keep in mind is property taxes. Have they been increasing? And dont forget to consider where property values are trending in the neighborhood. If home values are going up thats typically a sign of a good neighborhood and youll know that your home will appreciate and so will be a good investment. 3. Safety We all want our loved ones to be safe so for young families with children safety is one of the top things they should look for in their Atlanta house. Knowing that your children are safe will provide a great deal of peace o mind. When it comes to the house itself look for: An open floor plan that makes it easy to keep an eye on children even while working in another room say the kitchen Closets and cupboards that dont present any danger of children getting trapped or locked in them Stairs that are easy to navigate Countertops and shelves without sharp or dangerous corners A fenced yard Other things to look for beyond the home itself include: Doctors and hospitals in close proximity in case of emergencies Low traffic on neighborhood streets Absence of nearby landfills or factories that could pose a health hazard 4. Budget Fit In most cases young families are on a tighter budget than older more established people are. So one thing young families should look for in their Atlanta house is definitely a good budget fit. Ideally you would determine how much house you can afford before you ever begin looking at houses. The general rule of thumb here is that your monthly mortgage payment should not be more than 30% of your monthly income. Look for a Good Agent Too These are the most important things young families should look for in their Atlanta house. But in order to find a house the fits the bill its a good idea for them to look for a good local real estate agent first. A local agent can help young families find a home that meets their particular needs. Learn more about what young families should look for when buying a house in Atlanta ! Contact us today! 678-337-1165 The post 4 Things Young Families Should Look For In Their Atlanta House appeared first on Fresh Start Home Sales. via Blog Fresh Start Home Sales https://www.freshstarthomesales.com/4-things-young-families-should-look-for-in-their-atlanta-house/