Property Options-Don’t Let This One Get Away! - I think it’s sad that UK middle class families are giving up their dreams of home ownership. A recent survey from the Bank Of England has said that just under half of all families who don’t already own their own home believe they will never get on the housing ladder.

That’s alarming news. Why? Many middle class families believe home ownership is out of reach because affordability is the big barrier. As a property investor, you may be thinking how is it possible I can help? If Britain is in a housing crisis, is there a way for me to make a difference? Yes, I believe you can.

This situation reminds me of my favourite quote by Sun-Tzu, the Chinese military strategist and philosopher who wrote The Art of War. “In the midst of chaos, there is also opportunity.” Don’t miss this opportunity that’s right in front of you.

There are plenty of potential homeowners who are good people, who earn good incomes and have deposits yet they are unable to get on the property ladder. Britain’s home ownership rate continues to fall from 73% in 2007 to 65% today.  I believe that if more investors understand the power of property options, we can give those who want to realise their dream of home ownership a leg up. Not only can potential buyers benefit from homeownership, most sellers and investors often overlook or miss out completely because they don’t know how to effectively use options.

Curious? I wrote an expanded article on Property Options that include:

  • How the use of options can increase affordability of homes
  • How buyers, sellers and investors can use options in up, down or flat property markets
  • 4 key truths buyers must know before purchasing
  • How to uncover why sellers are “really” selling
  • 4 important facts sellers must beware of
  • What motivates landlords to consider property options

To read more download Rick Otton's ebook, just enter your details on the right hand side.

 

How To Present Contracts So Buyers or Sellers Agree To Sign

  Here's a great 2 minute video from Rick Otton, which shows you how to present Lease Option contracts in the best way to buyers and sellers.    
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An Introduction to Property Options

Described as the Power Steering of property investment, Options are powerful problem solvers and cash-flow creators. Though not suited to all situations, they are transforming the way investors view and transact residential property in the UK. They can fast-track you to financial freedom.   Property Options in Brief Purchase Options, Lease Options and Sandwich Options are becoming familiar terms with Property investors. Perhaps you are already using these powerful legal agreements to add to your portfolio, to generate cash-flow, to sell property which might otherwise stick, or to secure your family home.   Understanding Property Options and using them with skill is important. Why? Because Options can open locked doors, or become trap-doors.   Property Options in Essence An Option gives choice and freedom. Depending on the wording of the document, a Property Owner (Optionor or Grantor) grants exclusive freedom to buy, use or sell the Property, or a combination of...
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Mentoring session with Mark Jackson (Lease Options Made Simple) up for grabs

Enter our 2011 competition to win a Coaching Call with Mark Jackson. To enter simply subscribe for free at www.justdoproperty.co.uk
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Use a Purchase Option to Lock in a Discounted Price

  You can use a purchase option to lock in a discounted price.  This means you are protecting the time invested in sourcing, negotiating and structuring the deal, and you are effectively locking out the competition. The power of this lies in the fact that the seller has granted you an exclusive right to buy within a defined and agreed time period.  Notice the word “exclusive”.  The seller is not able to sell to anyone else, except you. At the same time you are able to sell the contract on to another purchaser, transferring the right to buy at the discounted price to them for a fee. Let’s look at a real example from a North East town.   The seller had been marketing a very large and now empty house for nine months.  With no rental income the monthly mortgage payments of £475 was crippling. Having started a new business...
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Wendy Patton & Mark Jackson of Lease Options Made Simple admit their mistakes

Julie Hanson interviews Mark Jackson and Wendy Patton from Lease Options Made Simple. She asked them why their forthcoming event will be different. They also discuss mistakes theyve made in their career.

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