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ParticipantYou inspired me to delve a little deeper. Here’s an more reliable upbeat source. http://www.bankrate.com/brm/news/real-estate/lease-optiona1.asp
It seems that any broker can be approached, but you may need to ask them twice 🙂 Let me know if you find anything useful as I’m interested too.
ParticipantYou inspired me to delve a little deeper. Here’s an more reliable upbeat source. http://www.bankrate.com/brm/news/real-estate/lease-optiona1.asp
It seems that any broker can be approached, but you may need to ask them twice 🙂 Let me know if you find anything useful as I’m interested too.
ParticipantYou inspired me to delve a little deeper. Here’s an more reliable upbeat source. http://www.bankrate.com/brm/news/real-estate/lease-optiona1.asp
It seems that any broker can be approached, but you may need to ask them twice 🙂 Let me know if you find anything useful as I’m interested too.
ParticipantYou inspired me to delve a little deeper. Here’s an more reliable upbeat source. http://www.bankrate.com/brm/news/real-estate/lease-optiona1.asp
It seems that any broker can be approached, but you may need to ask them twice 🙂 Let me know if you find anything useful as I’m interested too.
ParticipantI raised this topic recently. It’s come up a couple of times here. Do a search. Also this link gives a bit more insight from Realtors http://www.trulia.com/voices/Home_Buying/Lease_options_rent_to_buy_-225231 Scroll down to the third or fourth post for the best reply.
In my limited experience, these should work well if two parties interests are aligned. The problem seems to be finding that partner, and anyone who knows anything about them. I googled it once and came up with very few inspiring hits. Another problem seems to be that they are associated as a prescription for a particular problem, so many view them through that prism. To me a contract can be anything, you just have to change and agree the wording.
ParticipantI raised this topic recently. It’s come up a couple of times here. Do a search. Also this link gives a bit more insight from Realtors http://www.trulia.com/voices/Home_Buying/Lease_options_rent_to_buy_-225231 Scroll down to the third or fourth post for the best reply.
In my limited experience, these should work well if two parties interests are aligned. The problem seems to be finding that partner, and anyone who knows anything about them. I googled it once and came up with very few inspiring hits. Another problem seems to be that they are associated as a prescription for a particular problem, so many view them through that prism. To me a contract can be anything, you just have to change and agree the wording.
ParticipantI raised this topic recently. It’s come up a couple of times here. Do a search. Also this link gives a bit more insight from Realtors http://www.trulia.com/voices/Home_Buying/Lease_options_rent_to_buy_-225231 Scroll down to the third or fourth post for the best reply.
In my limited experience, these should work well if two parties interests are aligned. The problem seems to be finding that partner, and anyone who knows anything about them. I googled it once and came up with very few inspiring hits. Another problem seems to be that they are associated as a prescription for a particular problem, so many view them through that prism. To me a contract can be anything, you just have to change and agree the wording.
ParticipantI raised this topic recently. It’s come up a couple of times here. Do a search. Also this link gives a bit more insight from Realtors http://www.trulia.com/voices/Home_Buying/Lease_options_rent_to_buy_-225231 Scroll down to the third or fourth post for the best reply.
In my limited experience, these should work well if two parties interests are aligned. The problem seems to be finding that partner, and anyone who knows anything about them. I googled it once and came up with very few inspiring hits. Another problem seems to be that they are associated as a prescription for a particular problem, so many view them through that prism. To me a contract can be anything, you just have to change and agree the wording.
ParticipantI raised this topic recently. It’s come up a couple of times here. Do a search. Also this link gives a bit more insight from Realtors http://www.trulia.com/voices/Home_Buying/Lease_options_rent_to_buy_-225231 Scroll down to the third or fourth post for the best reply.
In my limited experience, these should work well if two parties interests are aligned. The problem seems to be finding that partner, and anyone who knows anything about them. I googled it once and came up with very few inspiring hits. Another problem seems to be that they are associated as a prescription for a particular problem, so many view them through that prism. To me a contract can be anything, you just have to change and agree the wording.
ParticipantSDR, good point about appraisal not being “decided” until exercised. If other buyers are allowed to make offers, with the lessee retaining right of first refusal, that might help fix that bug. I’m not clear why the lease option has to contain a forward? Fair market value would remove that element of risk, and entice more people into these arrangements. I see that as more relevant now with so many sellers betting on appreciation, and buyers betting on declines. It’s clogging up the system.
ParticipantSDR, good point about appraisal not being “decided” until exercised. If other buyers are allowed to make offers, with the lessee retaining right of first refusal, that might help fix that bug. I’m not clear why the lease option has to contain a forward? Fair market value would remove that element of risk, and entice more people into these arrangements. I see that as more relevant now with so many sellers betting on appreciation, and buyers betting on declines. It’s clogging up the system.
ParticipantSDR, good point about appraisal not being “decided” until exercised. If other buyers are allowed to make offers, with the lessee retaining right of first refusal, that might help fix that bug. I’m not clear why the lease option has to contain a forward? Fair market value would remove that element of risk, and entice more people into these arrangements. I see that as more relevant now with so many sellers betting on appreciation, and buyers betting on declines. It’s clogging up the system.
ParticipantSDR, good point about appraisal not being “decided” until exercised. If other buyers are allowed to make offers, with the lessee retaining right of first refusal, that might help fix that bug. I’m not clear why the lease option has to contain a forward? Fair market value would remove that element of risk, and entice more people into these arrangements. I see that as more relevant now with so many sellers betting on appreciation, and buyers betting on declines. It’s clogging up the system.
ParticipantSDR, good point about appraisal not being “decided” until exercised. If other buyers are allowed to make offers, with the lessee retaining right of first refusal, that might help fix that bug. I’m not clear why the lease option has to contain a forward? Fair market value would remove that element of risk, and entice more people into these arrangements. I see that as more relevant now with so many sellers betting on appreciation, and buyers betting on declines. It’s clogging up the system.
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