Lease Option To Buy

Our Lease Option to Buy Program Benefits both Buyers and Sellers

For Buyers

For Sellers

Lease Option to Buy for Buyers Lease Option to Buy for Sellers
 Benefits to Buyes Benefits to Sellers

With new strict lending restrictions in effect, qualifying for a loan in the current real estate market is a big challenge for many potential home buyers. Under such a difficult circumstance, there has been a growing interest in a win-win method i.e. lease options which make things easier for both buyers as well as sellers. In a lease option, the buyer does not have to pay huge up-front cash and the seller also receives necessary cash flow to pay the mortgage and property taxes.

A lease option is a type of real estate contract that concludes an agreement between the property owner and tenant on a property lease for a specified rental period, with an option for the renter to purchase the property at a given price during or at the end of the lease term. A portion of rental payment is credited toward the purchase price, which will cut down the amount when the renter decides to buy the property. Hence, a lease option is popularly acknowledged as “Lease option to buy”.

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