The benefits with Lease Options for a Landlord are
many and varied and include but do not rely on the following:-
Principle
pay-down: Dependent
on what mortage type is held over the property over the course
of the Lease Option the total due back to the Lender
is reduced increasing your margin.
Repossession
Assistance: We work with the Landlord and the Lender to
create a mutally acceptable solution and in turn ensure to rectify/improve
the Landlords Credit Rating.
Interest
write-offs: Dependent on your circumstances the interest payments
you make on the property can be deducted from your personal tax liability.
All
the benefits of ownership without moving: The Landlord during the
period of the Lease Option can still draw on the benefits of ownership
in the form of equity draw down payments on their property portfolio.
Property
returned to the Landlord 3-5 years later - worth more, they owe
less and in the same if not better condition: In the unlikely
event that 2
Rent 2 Buy does
not proceed with the Lease Option on the property the Landlord receives
back a property that has been maintained and possibly
renovated with 2
Rent 2 Buy/Landlords
agreement by the proposed Tenant/Buyer.
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