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Article > Lease Options and Sellers – How to Find Sellers Willing to Accept Your Option Offer – Part 2




Article kindly provided by

Mark Jackson
leaseoptionsmadesimple.co.uk

 



This article is part 2 in Marks series on Finding Motivated Sellers. You can read part 1 HERE

In the previous article we discussed how emotion is the great motivator when it comes to finding the right sellers who will work with your lease option solution. Finding motivated sellers is crucial if you want to succeed with property options, so you need to develop this key skill.

In this article we will discover and discuss another two situations which strongly motivate sellers and often lead to you agreeing a lease option solution.

Seller Situation Number Three

Letting blues and lease options – relief for tired landlords
It’s so easy to get burnt in property, especially if it’s not your profession. There are masses of motivated landlords trapped and waiting for dawn in the UK (remember the moth analogy?). Many of these have inherited a property and are trying to manage it part-time, on top of a full time job, which is actually very difficult. Helping other investors free themselves of property they now view as a burden can be a great pleasure. What makes that true? Here are some factors to consider:

  • Investors want to let their property out
  • They often don’t have equity, so are not banking on a lump sum to move on.
  • A 60 month lease with a rental guarantee appeals to many landlords, especially tired ones
  • Knowing that the property will be fully maintained and insured gives peace of mind
  • The prospect of a future sale within the term of the option agreement means they can offset certain allowances against their liability

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- The simple but comprehensive introduction to using lease options

It DOES NOT MATTER if you do not have property investment experience
It DOES NOT MATTER what age you are – 18 or 80!
It DOES NOT MATTER whether you are employed
It DOES NOT MATTER if you are a Beginner or Experienced investor

 

Seller Situation Number Four

Lease options and relocation – giving freedom the seller wouldn’t otherwise have

There are many reasons why people need to move on. Learning to contact people who find themselves in similar situations is key to making your lease options business a success. Here are some of the most common motivating situations to look out for:

  • New job
  • Emigration
  • Retirement
  • Health issues
  • Family needs a bigger home
  • Cost of maintaining the current home becomes too high
  • New relationships means one home becomes surplus to requirements

Given a deadline, any one of these reasons can become pressing, so much so that the need to move on becomes a burning desire. Lease options can work brilliantly here!

Kirsty finds freedom through a lease option – real case study

Kirsty owns a beautiful two bed semi with a conservatory and well kept gardens in a busy town in the North East of England. Although she had moved into a Park Home in the countryside forty miles away, she was unable to settle and enjoy life with her partner Lloyd. They were paying £490 for the mortgage on the empty house, not to mention insurance and council tax, and they were getting worried with thoughts about vandals and burglars sucking the joy out of life.

A long term option to buy at a price below the current market value was agreed and Kirsty and Lloyd are free to move on with their lives, they have peace of mind and no stress.

 

Lease Option Investor Handbook

Download it NOW
We guarantee you won’t be disappointed.

Get your Lease Options Made Simple
Lease Options Handbook
- The simple but comprehensive introduction to using lease options

It DOES NOT MATTER if you do not have property investment experience
It DOES NOT MATTER what age you are – 18 or 80!
It DOES NOT MATTER whether you are employed
It DOES NOT MATTER if you are a Beginner or Experienced investor

Summary

Once you appreciate the situations which create powerful emotion that motivates, you are able to target your marketing and find or attract the right sellers easily.

In these two articles on motivated sellers we have taken a look at how the situation and problem can be solved with a lease option. We have looked at the four main situations which motivate:

  • Financial difficulties (use caution)
  • Changes in relationships (these can be positive also)
  • Tired landlords (many of them accidental)
  • Relocation (for many different reasons)

The real secret and skill, of course is to actually find people who feel trapped by these circumstances. How can you find them and help by working with them? Our home-study course and other acclaimed educational material has assisted many investors do just that, and they are enjoying huge success with lease options. If we can help you have similar success with lease options, we will be delighted.

 

Lease Option Investor Handbook

Download it NOW
We guarantee you won’t be disappointed.

Get your Lease Options Made Simple
Lease Options Handbook
- The simple but comprehensive introduction to using lease options

It DOES NOT MATTER if you do not have property investment experience
It DOES NOT MATTER what age you are – 18 or 80!
It DOES NOT MATTER whether you are employed
It DOES NOT MATTER if you are a Beginner or Experienced investor

 

 

 

Mark Jackson

 

About the Author

Mark Jackson

Mark is a prolific lease option expert and property investor, educator and author. Having enjoyed outstanding success in the UK using property lease options he founded Lease Options Made Simple with Wendy Patton, the leading US lease option property expert.

 

 

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Mark Jackson Lease Options Handbook

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