If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window.
Many real estate agents consider an open house a vital part of the home-selling process. An open house allows several prospective buyers to see a home in a single day. In some cases, the sellers receive one or more offers soon after an open house and are able to close the deal in a relatively short period of time.
Rent-to-own is an alternative to the traditional agreement between homebuyers and sellers. Typically, a buyer presents an offer. Once accepted, the payment, settlement and new ownership takes place. Lease-to-own or rent-to-own does not follow this process. Instead, it allows a renter to become the buyer. This is done through another type of contract agreed upon …