Freddie Mac says Rentals are on the Rise? Wrong Answer.

This brings to mind Robert F. Kennedy's famous quote: "There are those who look at things the way they are, and ask why... I dream of things that never were, and ask why not?"
 
Q: Why does the seller rent their home?  
A: They don't know any better.  
 
Q: Why doesn't the seller use a Lease Option or Purchase? 
A: They don't know any better. 
 
It pains me to say it. Here's another bit of news that proves the point that the percentage of realtors offering the "why not," creative approaches to selling real estate is very, very small. As of mid-2011, the Census Bureau cited a net increase of 1.4 million households that moved into rental housing -  4 percent more than the same period last year.  
 
So apartment rentals are going from dead "flat" to rising. Does this make sense with so many options for the "accidental landlord," i.e., they couldn't offload the property fast enough, so they're stuck?  The "accidental tenant" comes along with lots of income, albeit sporadically earned, or a credit score ding that's well on its way to healing, but hasn't disappeared fully enough for the bank to overlook it. I yearn for that day when we get the headline, "Rising Demand for Lease Options." 
 

Most Popular Posts

At Bloom Realty, we believe we're able to go beyond listing and selling real estate, to creating real opportunity to make a difference.  Our Lease Option Purchase program... Read more

"After having my house listed for 8 months with six showings and no offers, I found out about Nextage Team Realty’s Lease Purchase program through a friend. I was actually fearing that I would have to do a short sale, or even worse, a foreclosure. Joi and her team brought in a serious buyer who was willing to pay full price, but needed some time to get his mortgage loan. Had I known I had this option, I would have contacted Joi six months earlier, and saved myself a lot of pain."

Jessica C., Mandarin
Copyright ¬© 2020 Lease Purchase jacksonville. All Rights Reserved  |  Privacy Policy  |  Terms of Use  |  Site by Digital Advent Media