Can I Offer To Rent A House That Is For Sale? | REALTOR.com ...

Q: Do people who are selling their house ever entertain an unsolicited offer to rent their home? We are not in a position to buy quite yet, and would consider doing a lease with option to buy after 1 year or something like that. If the homeowner doesn?t have their home up for rent, would they consider something like this?
?Nikola, Atlanta, GA

A: Yes, people who are selling homes sometimes consider leasing the home for 1 year or more. It?s worth a shot.

I recommend hiring a Realtor to help you approach the seller. It costs you nothing to hire your own Realtor as a buyer/renter.

Explain that you are not ready to buy, but love their home and would like to rent it for at least 1 year with the intent of preparing to buy it from them at a later date. It could be win-win!

Denise
Denise Shur is a Realtor? with 1:1 Realty in San Jose, CA.

A: You won?t know unless you ask. Many times, if a seller does a lease with option to buy ? they will want a large amount up front so that if you do walk away without buying ? they have something for the time it was tied up. Don?t get me wrong though ? not only do they get an amount upfront ? normally an amount of rent is paid per month along with additional funds that will be added to it to make up your total down payment when it comes time to buy. This can be confusing ? so make sure if you do it ? you have someone explain it all very well!
Lana Lavenbarg is a Realtor? with RE/MAX Ideal Brokers, Inc.in Grants Pass, OR.

A: You can ask, the worst they can do say is no. Ask your agent to help you find a property suitable for a lease option and explain the pros and cons to you.
Teri Andrews Murch is a Realtor? with Lyon Real Estate in Auburn, CA.

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