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So youve tried to sell your home the usual way. Unfortunately, its been on the market longer than youd like to admit without so much as a low-ball offer.

Like millions of other homeowners, you cant bear the thought of making another mortgage payment on a home you either dont live in or dont want to live in! Youve decided to try to sell with a Lease Option or Rent to Own contract, but arent sure if you should go it alone or enlist the help of a Lease Option company.

Your first option is to work by yourself. You can post the home on free websites, put a yard in the front yard and try to sell your home alone. The advantages of this are clear. You get to keep all of the upfront money your self and wont have to pay any realtor commissions when the home finally closes.

There are a few things to take into account prior to going down this path.

Since selling a home using the Lease Option is more than likely something you have not done previously, ensure that you comprehend the contracts so that you are protected in the end. Wrong verbiage can make the difference in your actions if the tenant defaults.

You also need to consider your goals and determine if you have the knowledge you need to achieve them. How important is it to you that the tenant/buyer be able to buy the home at the end of the term? Are you comfortable carrying the note long term?

If what is important to you most is to pay off the mortgage and move on, then you should consider if you know where to steer the tenant for credit repair.

When all is said and done, while you definitely can keep more money in your pocket, it just may not be the way to go.

If this is true in your situation, a Lease Option company is an outstanding way out. They characteristically have an extensive list of clients and can assist in selling your home for full price at the current fair market value.

Lease Option companies dedicate themselves to this type of transaction where your realtor may not be as experienced or have the best contracts to ensure you are benefiting the most from the contract. They do not collect their fees from you but from the buyer up front which will leave all the back end profit for you.

Another advantage is that they will ensure that the buyer is enrolled in credit repair and that this process is being monitored.

In a tough market, the use of a Lease Option or Lease Purchase is a quick way in which to sell your home regardless of how you do it!