We had a client contact requesting more info on how a lease option would work on a rental property that she had found. We explained to her that there are several moving parts to doing a lease option as putting a deal together like this takes a lot of negotiations on several fronts. First, we explained that we need to find out if the owner is willing to sell the home even though the home is only listed for lease. Once we found out that the seller would entertain an offer to purchase it we asked if he would be willing to do a lease first with an option to buy it within a 12 month period. The owner said that they would agree to this depending on the purchase price of the home. Since the property is not listed for sale this is a negotiable number that…
Found 1 blog entry for November 2022.
Listing information last updated on May 30th, 2023 at 4:46pm CDT.