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Lease Option Real Estate
THIS ONE OF A KIND PROPERTY IS PERFECT FOR EVERY BUYER. SITTING ON ALMOST 2 ACRES, THIS PROPERTY BOASTS A NEWLY REBUILT & RENOVATED 1430 SQFT, 3 BEDROOM, 2 BATH HOME COMP...
- 3 Beds
- 2 Baths
- 1317415 MLS
Beautifully renovated 4-bed, 3- bath & 2 car garage in El Dorado subdivision. Double door entrance leads to open concept home with the following NEW: kitchen, SS applianc...
- 4 Beds
- 3 Baths
- 1378860 MLS
New marble counter tops, new stove/oven, dishwasher, pool pump. Newly painted Living Room and Dining Room. Property is located one block from a green Belt area. Great ...
- 4 Beds
- 3 Baths
- 1367546 MLS
Beautiful 2 story home with plenty of rooms in a cul-de-sac. Large size bedrooms with a game room and super 18x13 bedroom upstairs. Other features include an open floor p...
- 5 Beds
- 4 Baths
- 1308586 MLS
I can't tell you how many people want property like this in the area! A home offering 3/2/2 plus a separate Garage, a Barn for your hearts desire and acres; there is so m...
- 3 Beds
- 2 Baths
- 1306133 MLS
Spacious 3 bedroom 2.5 bath single story home with a study. Some of the improvements include granite counter tops,wood floors, Central AC/Heating and more. The kitchen op...
- 3 Beds
- 3 Baths
- 1374956 MLS
MOVE IN READY! **HUDGE OAK TREES**OPEN FLOORPLAN**NATRAL LIGHTING**ISLAND !* KITCHEN HAS PLENTY OF CABINETS, & GRANITE COUNTERS**GLASS SUBWAY TITLE BACKSPLASH...STAINLESS...
- 3 Beds
- 2 Baths
- 1363919 MLS
Hardwood floors through out this well maintained home in Historic Dignowity, perfect as a starter home or for down sizing. Home updated with new electrical service and wi...
- 2 Beds
- 1 Baths
- 1339936 MLS
This Charming and Spacious 4 bedroom 2 Bath Gem has it all ~ Beautiful eat in kitchen , oversized secondary bedrooms , gorgeous office with built ins galore ~ Even has g...
- 4 Beds
- 2 Baths
- 1353732 MLS
GREAT HOME IN THIS AGE 55+ COMMUNITY FOR PEACEFUL/BEAUTIFUL LIVING WITH MANY ACTIVITIES/FACILITIES FOR RESIDENTS! This gorgeous garden home has lots of upgrades incl: gra...
- 2 Beds
- 2 Baths
- 1375127 MLS
Lease Option Homes for Sale
Acquiring a property has been a goal for everyone but there are certain drawbacks on why homebuyers or even sellers can’t achieve this. But obstacles don’t have to be a reason in order for anyone to get their dream home. There are numerous programs that homebuyers can use and one of them is getting into lease option. A lease option is a way to buy and sell homes without an immediate conventional mortgage in which both parties agree to an option that gives the buyer the right to purchase the home from the seller during a set period of time. While this option is valid, the seller may not sell their home to anyone else.
For buyers, especially for those who can’t qualify for a mortgage, gives them the opportunity to get into a home while they improve their credit and build up a down payment while living in the home. In addition, buyers also receive a forced savings plan, since part of the part of the lease payment is credited toward the purchase price at the end of the lease option agreement.
For sellers, they generally get market value at today’s prices and relief from paying a mortgage on a vacant property. It allows the seller to beat the competition, receive a higher purchase price, and it allows you to actually sell the home, instead of just renting it out. In addition, if the buyer defaults, the seller does not refund any portion of the lease payment or the option money and may retain the right to charge for specific altercations.
Just keep in mind that before entering into an agreement with a seller, buyers should obtain the advice of a real estate attorney or a professional. Call us today for a free consultation! 210.688.9740
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