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Lease Option Real Estate
COUNTRY LIVING AT ITS BEST, SITUATED ON 10 ACRES, AWAITS THIS EXTREMELY WELL MAINTAINED 3 BED/ 2 BATH HOME. WALKING IN, YOU ARE GREETED WITH HIGH CEILINGS THROUGHOUT THE ...
- 3 Beds
- 2 Baths
- 1421395 MLS
Enjoy this beautiful, move-in ready home in a quiet, pocket neighborhood close to UTSA, the Medical Center, Valero and La Cantera. Take a run or a bike ride in Bamberger...
- 3 Beds
- 3 Baths
- 1412551 MLS
OWNER FINANCE! 3 bedroom / 2 bathroom / 2 car garage home nestled in the Parc at Escondido subdivision! Home features open concept living areas, an office/study, laminate...
- 3 Beds
- 2 Baths
- 1413270 MLS
One of the most STUNNING Homes in Northwest Crossing! Magnificent residence with stylish updated designer touches. This 5 bedroom home showcases a stately living room w b...
- 5 Beds
- 3 Baths
- 1427369 MLS
Beautiful Hill country views! PLUS a VIEW of Canyon Lake from this Cutie in the Woods!! This little diamond in the rough has wood floors! Great floor plan for entertainin...
- 2 Beds
- 2 Baths
- 1422493 MLS
Charming home that sits on an acre down the road from East Central High School. Long driveway and peaceful setting, this home is perfect for anyone that's ok doing some h...
- 3 Beds
- 1 Baths
- 1417896 MLS
New beautiful cabin on 2 big lots w/large rooms & open concept. 2/2 with pole barn has a spot for an RV. Two full bathrooms, laundry hookups in one, tile throughout, with...
- 2 Beds
- 2 Baths
- 1420756 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
Move in Ready, New construction, Never lived in, 2 bedroom, 1 bath, 1 Story, 1004 sq ft. adorable Lennar Ainslie from the Cottage Collection featuring open living concept...
- 2 Beds
- 1 Baths
- 1426566 MLS
Move in Ready, New construction, Never lived in 3 bedrm, 2 bath, 1 Story, 1266 sq ft., Lennar Home-The Rundle features an open concept living space. The gorgeous kitchen ...
- 3 Beds
- 2 Baths
- 1426993 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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