Dunedin, FL 34698 (PRWEB) May 07, 2013
Advanced Realty Team, Inc. yesterday announced it would offer a “Mother’s Day Special” on three of the homes it is marketing as rentals. The Mother’s Day Special applies for homes with all paperwork done by May 15, and effectively turns rent into a security deposit.
Advanced is a Dunedin, Fl-based boutique real estate brokerage that buys houses fast in Tampa Bay and then offers them as affordable housing.
Most of the homes rented by Advanced are either the Famous Rent to Own on Steroids™ homes where all rent paid in the entire first year becomes down payment and the tenant-buyer can earn a mortgage and credit score does not matter.
The newer program is the Famous Foreclosure Rentals where homes are usually offered “as is” and at low monthly rent because the homes are in or may be in foreclosure soon.
Only one of the three is in the Famous Foreclosure Rental Program, an elegant two-bedroom, two-bath, two-car garage home in a gracious neighborhood in Spring Hill, Fl at 2170 Danforth. The home rents for $695 with all normal specials applied, but during the Mother’s Day Special, the $1,390 paid as move in money and applied to the rent for month one, will become the security deposit and 100% refundable after a year if the home is in the same or better condition.
The two Famous Rent to Own on Steroids™ homes are a three-bed-room, two-bath home on a golf course in a 55 Plus community which rents for $595 a month with all discounts applied and also will have the first month refundable after one year.
Finally the Mother’s Day Special will also apply to a four-bedroom home in New Port Richey. The home has two full baths and a two-car garage and was purchased from the private lender after a foreclosure.
During the last two years Advanced has been renting homes in foreclosure with full disclosure to the tenants that the home is in or about to be in foreclosure and the owners have hired board-certified real estate attorneys to represent the owners’ rights in the legal action with the bank. Tenants in these homes may have to move with little notice and may also be visited by the banks, who will from time to time drop off legal documents.
More recently Advanced has been active in purchasing homes in foreclosure and paying cash to the home owner for a home that has no equity and may be in foreclosure soon.
As further compensation for the tenants in the Foreclosure Rental Specials, the firm will now allow these tenants to take all credits with them when they move to a Famous Rent to Own on steroids Program™ and the move up will switch to the rent of the new home, but without any other fees.
Advanced Realty offers a service to people who want to sell a house fast and as is by buying the house from them and then offering affordable housing with rental or rent-to-own program.
Advanced was founded in the early nineties by Maryan and George Beardsley, former stock brokers who learned creative ways to sell real estate, when they bought a home in the path of plans to build a garbage burning incinerator in Boca Raton, FL.
They moved from Boca, where the house was located, leaving the home unsold and vacant. Their Realtor suggested owner 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