then we realized that it offers some features that a few home sellers are telling us they want when selling to us.”
Dunedin, FL 34698 (PRWEB) November 28, 2012
Advanced Realty Team yesterday announced it will now be offering to people who want to sell a house in seven days the financing method Advanced offers when it sells houses, the Famous Rent to Own on Steroids Program™.
Famous Rent to Own offers buyers with no or bad credit a chance to prove they are mortgage worthy, not with credit scores, pay stubs, or income tax returns, but by making 12 consecutive monthly payments on time while renting the house and at the same time being responsible for all needed repairs.
“We have a lot of other methods to buy houses from people who want to sell their house fast,” said George Beardsley, Broker-President of Advanced, “but this is one additional tool that may be just right for some people looking to sell a house fast.”
“Famous Rent to Own was invented to make it possible for people with no, or bad credit, to be able to buy a house at what may be the hardest time to get a mortgage,” Beardsley said, “then we realized that it offers some features that a few home sellers are telling us they want when selling to us.”
“When we offer to buy a house with seller financing, the seller will often—and reasonably— says, ‘why should I trust you to make the payments?’,” he said.
“By offering some of the features of the Famous Rent to Own, we give the seller a chance to see that we make all payments on time for a year, pay for all repairs, manage the rental of the property and establish a one-year track record for the prospective seller,” he said.
“If we fail to deliver during that year, the seller can get the house back and does not need to foreclose, which is a big savings in money and time for them,” he said. “So if we do what we say we will, everyone wins and the seller has his house sold with what amounts to a safety net.”
Advanced Realty is a small boutique real estate brokerage firm that offers a service to people who want to sell a house in seven days by buying the house from them and then offering affordable housing with rental or rental to own programs.
Advanced was founded in the early nineties by Maryan and George Beardsley, two stock brokers who had learned about creative ways to sell real estate when they bought a home in the path of plans to build a garbage burning incinerator.
They moved from Boca Raton, where the house was located, leaving the home unsold and vacant. Their Realtor suggested creative financing and after selling that house at top dollar when other houses in the subdivision were not selling, they decided to leave stocks and bonds for houses.
Advanced can buy houses for all cash, but is able to pay a higher price if the seller is willing to carry some of the financing to facility speed in closing and a higher sales price.
The company has a number of programs to accomplish this sale and then offers the houses as affordable housing.