lease options: Lease Options a viable option when Lenders are tight
- 06/28/09 02:30 PM
I have just spent 3 days in a real estate workshop learing how lease options can be a welcome option to good people who just can't get a mortgage right now due to excessive Lender guidlines. If you have to rent, why not get something back? For a modest option fee a Buyer/Tenant can control the property while they make the necessary corrections to their credit or take the time necessary to satisfy the Lender enough to approve the mortgage. Then they can "refinance" the home when the time is right. Of course everything is negotiable, so work out a deal … (0 comments)
Real estate in Saginaw, Midland and Bay County Michigan! Listings, Short Sale Specialist, Market conditions, activity, schools, relocation, Investing, help for homeowners to sell regardless of mortgage balance. Help avoid foreclosure.
I have just spent 3 days in a real estate workshop learing how lease options can be a welcome option to good people who just can't get a mortgage right now due to excessive Lender guidlines.
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