Home › Forums › Closed Forums › Buying and Selling RE › Need tips for lease option
- This topic has 30 replies, 4 voices, and was last updated 14 years, 5 months ago by mixxalot.
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June 8, 2010 at 12:54 PM #561071June 8, 2010 at 1:00 PM #561569sdrealtorParticipant
My experience is they dont work and I havent seen one in many years. Unless property values stay level one party wont be happy and wont want to exercise the option. I you are the buyer and dont, you overpaid. If the seller doesnt want to, good luck forcing them to. There are lots of better ways to acquire RE…like all of the others.
June 8, 2010 at 1:00 PM #561958sdrealtorParticipantMy experience is they dont work and I havent seen one in many years. Unless property values stay level one party wont be happy and wont want to exercise the option. I you are the buyer and dont, you overpaid. If the seller doesnt want to, good luck forcing them to. There are lots of better ways to acquire RE…like all of the others.
June 8, 2010 at 1:00 PM #561076sdrealtorParticipantMy experience is they dont work and I havent seen one in many years. Unless property values stay level one party wont be happy and wont want to exercise the option. I you are the buyer and dont, you overpaid. If the seller doesnt want to, good luck forcing them to. There are lots of better ways to acquire RE…like all of the others.
June 8, 2010 at 1:00 PM #560977sdrealtorParticipantMy experience is they dont work and I havent seen one in many years. Unless property values stay level one party wont be happy and wont want to exercise the option. I you are the buyer and dont, you overpaid. If the seller doesnt want to, good luck forcing them to. There are lots of better ways to acquire RE…like all of the others.
June 8, 2010 at 1:00 PM #561676sdrealtorParticipantMy experience is they dont work and I havent seen one in many years. Unless property values stay level one party wont be happy and wont want to exercise the option. I you are the buyer and dont, you overpaid. If the seller doesnt want to, good luck forcing them to. There are lots of better ways to acquire RE…like all of the others.
June 8, 2010 at 1:34 PM #561086DataAgentParticipantOwner-financing is a lot safer then a lease option. You can get really creative in this area: low interest rate, 0% financing, no payments in the early years, cash rebates if all payments made on time etc etc. Just be sure to take title to the property.
June 8, 2010 at 1:34 PM #561968DataAgentParticipantOwner-financing is a lot safer then a lease option. You can get really creative in this area: low interest rate, 0% financing, no payments in the early years, cash rebates if all payments made on time etc etc. Just be sure to take title to the property.
June 8, 2010 at 1:34 PM #560987DataAgentParticipantOwner-financing is a lot safer then a lease option. You can get really creative in this area: low interest rate, 0% financing, no payments in the early years, cash rebates if all payments made on time etc etc. Just be sure to take title to the property.
June 8, 2010 at 1:34 PM #561686DataAgentParticipantOwner-financing is a lot safer then a lease option. You can get really creative in this area: low interest rate, 0% financing, no payments in the early years, cash rebates if all payments made on time etc etc. Just be sure to take title to the property.
June 8, 2010 at 1:34 PM #561579DataAgentParticipantOwner-financing is a lot safer then a lease option. You can get really creative in this area: low interest rate, 0% financing, no payments in the early years, cash rebates if all payments made on time etc etc. Just be sure to take title to the property.
June 8, 2010 at 3:25 PM #561716mixxalotParticipantThanks guys
I start a new job soon after a 5 month layoff so looking at things in the real estate market. I think for now, I will rent a 1 bedroom apartment and watch the market for next 15 months. Besides, lenders want 2 years of stable employment at a company before they will finance anyone.
June 8, 2010 at 3:25 PM #561016mixxalotParticipantThanks guys
I start a new job soon after a 5 month layoff so looking at things in the real estate market. I think for now, I will rent a 1 bedroom apartment and watch the market for next 15 months. Besides, lenders want 2 years of stable employment at a company before they will finance anyone.
June 8, 2010 at 3:25 PM #561608mixxalotParticipantThanks guys
I start a new job soon after a 5 month layoff so looking at things in the real estate market. I think for now, I will rent a 1 bedroom apartment and watch the market for next 15 months. Besides, lenders want 2 years of stable employment at a company before they will finance anyone.
June 8, 2010 at 3:25 PM #561116mixxalotParticipantThanks guys
I start a new job soon after a 5 month layoff so looking at things in the real estate market. I think for now, I will rent a 1 bedroom apartment and watch the market for next 15 months. Besides, lenders want 2 years of stable employment at a company before they will finance anyone.
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