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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
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
This gorgeously remodeled home has upgrades galore and is ready and waiting for your family to move in! Step in the front door and see your brand new wood floors, all new...
- 4 Beds
- 3 Baths
- 1354302 MLS
Great Home in a master planned community. This home is very spacious with a free flowing layout. Home is still under Builders Warranty.Home is perfect for a ideal family....
- 5 Beds
- 3 Baths
- 1346742 MLS
OWNER IS WILLING TO FINANCE! New interior AC Sept 2017 Awesome Meritage 2-story home with 5 bedrooms and 2.5 baths in desired Schertz-Cibolo-UC ISD. Master down has 2 ...
- 5 Beds
- 3 Baths
- 1348089 MLS
Beautifully maintained two story home on a quiet cul-de-sac in the conveniently located neighborhood of Braun Station. Walk into to be greeted by an open living with high...
- 3 Beds
- 3 Baths
- 1342308 MLS
Great two story on quiet street. Spacious Floorplan. Freshly painted exterior and new floors in both living areas downstairs. Close to Randolph & I35. Flexible terms...
- 4 Beds
- 3 Baths
- 1335239 MLS
2 ACRES!! AWAY FROM THE CITY,!! ,,GREAT HOUSE !!OWNER FINANCE WITH 20% DOWN!!! ( needs to be finished on the inside) PLUS A 2 BEDROOM MOBILE HOME! AND A HUGE SHAD...
- 4 Beds
- 3 Baths
- 1321119 MLS
Newly Remodeled spacious brick home on a corner lot features open floor plan and large bedrooms. Master suite with sitting area and large walk in closet. Formal dining, b...
- 4 Beds
- 3 Baths
- 1355830 MLS
Brand new 3 bedroom, 2 bath home, perfect for a family that needs to be close to north-central San Antonio. Easy access to 1604, I-10 and 151. Ceramic tile throughout exc...
- 3 Beds
- 2 Baths
- 1358974 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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