Option Real Estate Services & Option Management Services provide the perfect venue and structure to get properties sold and closed, especially in our challenging Real Estate market. If you are looking for this type of opportunity as a buyer/tenant, or a seller/landlord you have come to the right company.

 

Lease-Option-Purchase Overview

 

LEASE-PURCHASE

A lease purchase is a contract to sell with a delayed closing date.  It is not a Lease/Option.  A Lease Purchase is constructed to get a property sold, and should ONLY be used by Owners-Landlords who intend to sell, and Buyer-Tenants who intend to purchase.  These agreements are facilitated by attorneys, and are very similar to the ones used in a normal selling situation.  The purchase contract addresses price, financing, taxes, termite, title exam, warranty deed and disclosures.  The details are extremely important.  Maintenance is handled by the tenant and possession is defined through a traditional rental agreement. Click Here For Benefits/Risks

 

LEASE-OPTION

This scenario allows a tenant to lease a property with the Option to purchase and may or may not include a defined price, financing, title exam, or disclosures.  However it is possible to negotiate some of these items as part of the Lease-Option. The responsibility for maintenance issues is determined at the time the lease is signed.  The Option portion of this type of agreement may/or may not be refundable based upon negotiation. There must be some type of consideration by the Tenant for the Option. So it is NOT a "no cost/no risk" alternative for someone hoping to buy-lease a property with "No Money Down".  We often see this type of plan being used and abused by owners who Lease-Option properties at inflated values, and with questionable terms.

 

Both of These Agreements offer Benefit and Risk for all Parties involved, and should only be entered into with a Clear understanding of the Issues.  We know You probably have a lot of  questions, so here are the answers to some of the most frequently asked:  See More

 

If you would like to Sign Up Your Property- Click Here