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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
Spacious, 4 bedroom 2 bath home. Beautifully remodeled, all permitted work. Tile flooring throughout the open living space with carpet in the bedrooms. Walk-in master ...
- 4 Beds
- 2 Baths
- 1367469 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
Nicely maintained 2 story home located in West Creek Oak subdivision. This 4BR 2.5BA home has ceramic tile and carpet floors, 2 open living areas, separate dining area, t...
- 4 Beds
- 3 Baths
- 1358673 MLS
This is a must see house. This one story, open floor plan, 4 sides brick home in gated community has Large Master. Home has beautiful granite counter-tops, led lighting t...
- 3 Beds
- 2 Baths
- 1355206 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
Beacon Hill Craftsman style home project 80% completed needing a new buyer to see project to its completion. Recent comps @ $200+ /sq foot. Rents $1,450+. Updates include...
- 3 Beds
- 3 Baths
- 1372270 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
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! !!, BEAUTIFUL L...
- 4 Beds
- 3 Baths
- 1321119 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
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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