Claude tells an amazing story. Glad it worked out, due to your diligence. Shows what can be done starting with "just" a rental.
The rentals that scare me are the homes ADVERTISED, especially on places like CraigsList, as a lease purchase. Chances are high that the seller/owner is not making his house payments, or intends to stop, and will collect a big "deposit, first and last, etc. and then default on the loan. Leaving the "renter" to wake one day to a knock on the door from the sheriff, tacking a foreclosure notice on the front door.
Who Said Concord Homes for sale, in this area ,can't end up a closed deal:
The Dreaded - Lease/Purchase agreement?.
Hold on Trigger, this is not a walk in the park.
It was a quest that had twists.
Here is the story without names:
She came in through the bathroom window, (with 3 days notice.)
Family in tow, and a house to sell in snow country. She said she had 3 hours on the 17th to find a rental home or a lease/purchase home. Her children picked three from our site.
They were unaware of "my blog" and to "my online rankings". Her teenagers found "us".
I showed them the rentals, all in a row; but our picks seemed grim, and opportunities were slow...
Then up on a hill, their teenager screamed, "Hey Mom and Dad, let's look at that one-its the one that I dreamed!"
I said "that's no rental," yet I gave the agent a shout."
And told my clients, "Don't get your hope's up, whilst we look about"
Short Story: We got in.
They screamed in delight, "This is our our house and a very, very fine house". (Which it was.)
And with no Rhyme, (it was a straight sale), no Rental Option on the MLS, (where due diligence ultimately paid off).
Through levels of phone calls, hearing the listing agent protest; the sellers, well, they relented, as this was all for the best.
But hope springs eternal, and things happen 'bout; even that I, had begun this, with serious doubt. A lease-purchase deal was set to begin, all parties left the table, wearing a grin.
With paper work in order, they moved in to their new home.
This woman with a will to make it happen, did so today. How far we have come! Today, we went officially, from a lease to purchase, to a full out purchase, within a 5 month period, instead of what could have been a year.
There is a moral to this story: Don't look a gift horse in the mouth, and if it is a determined Mom with children in tow, get 'er done!
Claude Cross - Realtor® 704-975-1733
Broker/Owner of Homes by Cross
Serving Charlotte Homes Since 1994
A full service brokerage covering South Charlotte homes for sale, Ardrey Homes for Sale, Ballantyne Homes for Sale, Fort Mill Homes for Sale, Charlotte Golf Course Homes, Charlotte Custom Home Builders, Huntersville Homes for Sale, Indian Land Homes for Sale, Indian Trail Homes for Sale, Lake Norman Homes for Sale, Lake Wylie Homes for Sale, Charlotte Home Builders, Marvin Home Builders, Matthews Homes for Sale, Mint Hill Homes for Sale, Pineville Homes for Sale, Southpark Homes for Sale ,Stallings Homes for Sale, Charlotte Center City Homes, Waxhaw Homes for Sale, Weddington Homes for Sale, Wesley Chapel Homes for Sale, Charlotte MLS .
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