A Lease Option is a form of real estate purchase where the Buyer leases a property with the option to purchase the property at the end of the lease term. It is an ideal alternative for Buyers who want to buy a home but don’t yet meet lending requirements to do so. Even if a Buyer has BAD or NO CREDIT, a a Lease Option Home is a fast path to homeownership and creating wealth through real estate.
As the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are a few tips for dealing with the dollar signs so that you can take down that “for sale” sign on your new home.