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  • Answers - Rent to Own Your Home - Does it Work?

    Rent to Own is a partnership between a Tenant and a Seller/Landlord.

    Sellers can be Private Sellers (FSBOs) or Listed w
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    ith Real estate Agents or Landlords fed up with Tenants and Toilets.

    Here are reasons that the OWNERs want to consider a Rent to Own Tena
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    t, especially in a Buyer's Market (where there are an oversupply of homes available and time to sell is over 180 days in some areas):

    ____________
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    __________________________________________

    FSBOs (for sale by owners) want....

    • SPEED (fast closing)
    • Top Price
      here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
      >
    • Little costs out of pocket
    • NO AGENTS to pay a commission
    BIGGEST HURDLE: When dealing with FSBOs, they ar
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    worried about getting financing for their NEXT HOME.

    SOLUTION: They get a BLANKET MORTGAGE (a single mortgage that covers more t
    ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    an 1 parcel of real estate).

    • Their old home is now an investment property.
    • Their bank will consider 75% (approx) of the rent to ow
    easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    income to go toward "ability to pay" income for the next home loan
  • I instruct you to get market rent plus 10% to 30% more in a non-refunda
  • nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    le option payment
  • - now you can show the lender that 75% is a great number :)
  • ________________________________________________
    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    _______

    LANDLORDs want......

    • LONG leases
    • Top Rent
    • Little costs out of pocket (maintenance)
    • NO da
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    age
  • NO late payments
  • BIGGEST HURDLE: When dealing with LANDLORDS, they are worried about getting their money o
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    n time and hassles from tenants.

    SOLUTION: Once the Tenant-Buyer learns of the PROBLEMS and CONCERNS the landlord has been experi
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    ncing, and show a win - win solution (long leases, paying for minor maintenance), this is great news for the landlord.

    ___
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    _____________________________________________________

    "LISTED WITH REAL ESTATE AGENT" SELLERS

    These Listed Sellers want....

    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    >
  • fast closing
  • top price
  • no funny buyers not getting financed at the last moment
  • not paying for 2 properties (new
  • t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    home and home that has not sold yet) BIGGEST HURDLE: When dealing with LISTED SELLERS, they are worried
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    about the contract they have from their Realtor - Agent.

    SOLUTION: Many times they can get released from the
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    r contract by writing a letter requesting that the contract be canceled and any sale due to the owner's marketing will not result in a com
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    ission being paid to the agent. Or they can pay the commission to the agent when the house sells (in 12 to 36 months).

    __________________________
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    _________________________________

    Next article will be- How does a Renter Find a "Rent to Own" Owner to help me own a home?

    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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