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Lease Purchase, Buyers who have money, but can't get a loan, Toledo,Ohio

By
Industry Observer with Retired Realtor

Good morning.  I think everyone would agree that Today's Real Estate Market is an interesting world to live in.  The other day a fellow Realtor told me real estate is like the famous words from the movie Forest Gump. Real Estate today is "like a box of chocolates, each one is different, and you don't know what you are going to get until you bite into one". 

If you are a home owner with a vacant home you may want to consider a Lease Purchase agreement with a potential buyer.  The first thing you need to do is contact the lender that has the mortgage on your house to make sure you will not be breaking any of the agreements of your mortgage.

Next you need to find an attorney who is familiar with real estate law who will be able to draw up the agreement when you have a lessee.

There are people in the market that have money, but for numerous reasons can not get a loan to buy a home.  The solution for all parties may be a lease purchase.  If you would like to discuss futher how a lease purchase may help you please do not hesitate to contact me.

Please feel to visit my web site at BertSellsToledoHomes.com for all your real estate needs.  Your Remax Resource for Toledo. Toledo Homes and Toledo Condos.  Bert Spangenthal 419-346-1458, The Lohman Team , RE/MAX Preferred Associates.

 Oh by the way............If you know of someone moving to the Toledo Area please do not hesitate to contact me.  I am never to busy for your Referrals.