Sunday, November 20, 2011

GET YOUR OLD HOUSE SOLD AND MOVE WITH NO MORTGAGE PAYMENTS

Everyone knows it is a Buyers market.  If you have a home and want to get the best value there is a great opportunity out there for you.  You have to be 62 1/2 years young or beyond.

Most Sellers in this range have been living in their home for a lot of years.  This fact has created substantially equity, even though it is not what it was five years ago, for the homeowner.  The are a lot of issues with the person's living needs that arise as a person ages:  1.  The upkeep of the home falls behind. The little things around the house can't be kept up like they once were.  This can cause a decrease in value as the home gets put on the market.  2. The floor plan no longer fits the lifestyle of the person. The upstairs bedrooms are the number one cause of dysfunction for the elder homeowner.  There is also the kitchen that once was great for a family that now needs to be adjusted for an older wiser homeowner.  The doorway widths and shower stalls are better suited for the day to day living of the active adult person.

As a potential home Buyer you could sell your house to a developer in exchange for purchasing a new construction home.  This is the case I am referring to.  I have found an opportunity for the right Buyer and Seller to complete a transaction to truly fit their needs and dreams.  The Developer can move some inventory and the Buyer can get a fair price for their home.  If the Buyer uses a reverse mortgage on the purchase of the new construction home there will be no payments until the Buyer moves on from this world.

This reverse mortgage option allows the homeowner to use more of their equity now. This can be a gif to children or grandchildren.  Just a luxury you may have always wanted to explore in your life but have not had the opportunity.

To explore this opportunity please contact 860 982 1648 to discuss with a representative.  There is a more detailed report available after the initial discussion.  

Monday, May 30, 2011

LEASE TO OWN IN CURRENT MARKET

Lease to own a new home? In this Real Estate Market there is an opportunity to lease a new construction home.  Be the first to live in a home and purchase at a future date.  In some cases, the owner will credit some  or all of the lease payment to the purchase price,  if the purchase is carried through the "renter" becomes an owner right away.  This option is great for people trying to save for a down payment or people who are repairing thier credit.  In either case this option is a great alternative to renting and not getting any return on the money spent toward rent.  If you are looking for this type of option contact us to give me the areas you are interested in and type of product.  There is a current database of real estate that is available to lease own.  Provide information on needs, i.e. number of bedrooms, size of house, number of bedrooms, and price range.  email is Pat@premierbuilding.org or phone is 860 982 1648