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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
Move in Ready, New construction, Never lived in 4 bedroom, 2 .5 bath, 2 Story, 1687 sq ft., Lennar Home-The Harland features an open concept living space. The gorgeous ki...
- 4 Beds
- 3 Baths
- 1433819 MLS
Nice 3/2/1 with an Excellent Location close to 281 and 1604, NEISD school district, laminate floors on all areas, good size master bedroom and family room with open floo...
- 3 Beds
- 3 Baths
- 1428654 MLS
Fabulous new construction just waiting for YOU! Lots of extras/attention to detail. 16 seer high efficiency AC unit, low e windows, high ceilings, granite counters, stove...
- 3 Beds
- 3 Baths
- 1429738 MLS
*E-Z OWNER FINANCING AVAIL - JUST 10% DOWN!* This beautiful 2 story, 4 bedroom, 2.5 bath home features 2323 SF of living space. 1st floor offers a separate dining area ne...
- 4 Beds
- 3 Baths
- 1398274 MLS
This home is well cared and available for immediate move in. Located in a gated community, has a newly built pool in the community area, near expressways and shopping cen...
- 4 Beds
- 2 Baths
- 1434465 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
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
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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