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Owners of Orlando Homes and Residents Wanting Rent To Own Homes In Orlando look to Archer Crown for best in services. Providing Rent To Own Homes Orlando and Orlando Houses Rent is our Specialty.

ARCHER CROWN Residential Management offers our lease purchase program for residents and owners of Orlando homes, condos and townhomes as part of our Central Florida property management services and programs.

For those clients desiring Central Florida real estate services, we offer our Buyers Guide and Sellers Guide. These Guides contain a host of facts, information and helpful hints that will be invaluable.

Please note that in order to maintain the high levels of Orlando property management and Orlando vacation home management services, our companies have elected not to offer direct selling and buying of Central Florida real estate. But in order to meet the demand for our residents, their families and friends wanting these services, we have developed a vast network of Real Estate Referral Partners. These referral partners represent some of the most brightest and knowledgeable professionals in the residential and commercial industry and have years of experience in general real estate as well as very specific market niches and locations.

When you are ready to sell or buy Central Florida real estate, we ask that you contact our company so we can determine what your specific needs are. Once we have this information, we will be able to match you with one of our Real Estate Referral Partners that will then be able to help you achieve your desires dreams. During this time our company will still be involved and ready to assist as needed throughout the home buying and selling process.


Overview

The terms rent to own homes, rent to own homes in Orlando, rent to own homes Orlando and even Orlando houses rent is quite recognizable but somewhat broad in nature so for clarification we will use Lease Purchase.

In a standard lease purchase agreement there are two parts; 1) an approved lease agreement prepared by an attorney at law and 2) a contract for sale and purchase. Under a lease-purchase agreement, a resident leases a home for a period of time designated on the lease, and then closes on the purchase transaction on a date certain. This arrangement allows the residents to plan for the purchase of the property at later date when they are in a better position to qualify for bank financing.


Owner Benefits

Owners desiring to Sell Central Florida Real Estate can now participate in our lease-purchase program and may experience many additional benefits that they would not normally have. Some of these are as follows:

  • A lease-purchase agreement opens up a larger segment of the real estate market to Central Florida home owners wanting to sell their property, thusly enhancing opportunities for quickly finding a buyer. This is an especially helpful tool during slow markets and when there are shortages of qualified buyers.
  • With a lease-purchase agreement, rental home payments may be applied to a mortgage while typical landlord expenses like paint, lawn care, maintenance, carpet, utilities, etc. may be reduces or eliminated.
  • When a resident purchases a Central Florida rental home while participating in our lease purchase program, they pay rent up to the day of closing.
  • A resident participating in our lease purchase program is more likely to be concerned with properly maintaining the property due to the anticipation of future home ownership.
  • In a traditional lease, a security deposit of one or two times the monthly rent is required. In a lease-purchase agreement, a resident typically is required to deposit two to four times that amount as non-refundable earnest money. Ernest money is held in escrow until the date of closing when it is then applied toward the purchase price.


Resident Benefits

Residents wanting to Buy Central Florida Real Estate may still be able to experience the pride of owning a Central Florida rental home by participating in our lease-purchase program even thought they have experienced a divorce, credit problems, changes in employment, loss of employment, etc.

  • Traditionally, lease-purchase agreements have longer terms than standard lease agreements, allowing a resident more time to meet lender’s minimum requirements.
  • With the option of entering into a lease-purchase agreement lasting one to three years, a resident is afforded necessary time to clean up credit issues, save for a larger down payment, achieve tenure with a new employer, or prepare in other ways to own his or her new home.


ARCHER CROWN Residential Managements’ Role
in Lease-Purchase Arrangements

As previously stated, a lease-purchase agreement is a lease that binds the parties to a purchase and sale contract. Although a resident participating in a lease-purchase is moving toward home ownership, our company will be there, just as we would be during the period of a traditional lease, to provide Central Florida property management oversight throughout the entire process from the date the lease commences to the date the purchase and sale of the property closes.


Costs Associated With Lease Purchase

In most situations, we manage our Central Florida rentals and Orlando Lease Purchase Homes the same way as with traditional leases. Leasing and administration fees are handled in the same manner as monthly property management fees. Brokerage fees and commissions are handled in the same manner as other real estate transactions.


In-Conclusion

Owners desiring to have their Orlando homes, condos and townhomes participate in our Lease-Purchase Program with the desired results of finding a buyer when traditional listing services have proven unsuccessful.

Residents that want to rent to own homes in Orlando, rent to own homes Orlando, Orlando houses rent may now have a way to fulfill their dreams through our Lease Purchase Process.

ARCHER CROWN Residential Management is proud to offer our Lease Purchase Program as part of our standard list of Central Florida property management services.

Peace of Mind Realized

 

   
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6039 Cypress Gardens Blvd, #117
Winter Haven, FL 33884
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