A Lease Option is a real estate transaction that gives an investor the right to lease a home and also the right (option) to purchase the home during or before the end of the lease period. In the case of real estate investing, it gives the investor the right to purchase property during the contract period but not have to put 10 to 20 percent down to gain control of the property.
TJ Investments - Burien, WA
I've been considering lease option. How does it work?
Oct 06, 2009 07:12 PM
The Pamela Madore Group - Amarillo, TX
Team Work Makes The Dream Work
Doing it in Texas is a little harder, isn't it Carlisle? We have that executory definition for our contracts so 90 days is tops. Is that right?
Aug 16, 2014 04:51 AM
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service
Carlisle - Thanks for the great information on lease options.
Aug 16, 2014 10:44 AM
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