Tuesday, May 04, 2004

Lease options?

We are being asked if there are homes being leased with the option to buy. Probably because home prices in our area are high, and the market is "hot".

No, we are not seeing lease options. Lease options are historically done in a market where it is harder to sell a house. It is done to help a buyer buy a home. Sellers are not having trouble selling homes in our market. They are structured in many different ways, to accomodate the needs of the buyer and seller.

If you have questions about lease options and how they work, please contact us!

No comments: