Why a lease option?

A lease option is a financial deal that involves a rental and a purchase agreement, in which the buyer and the seller lay out the upfront price of the property, kind of a “move in now, buy later” approach. 

This involves a previously agreed purchase price, terms and conditions, period of time, an option fee, and a rent credit. There may be more items, but those five are the usual ones you’ll deal with.

Advantages of a lease option?

Allows you to lock the home price to today’s standards.

You’ll always have a down payment ready thanks to rent credits.

You’ll be able to buy even if you don’t qualify for a conventional mortgage.

Real estate is an extremely competitive industry, with a lot of moving parts going in and out, that’s when an option contract can help you secure that property you’ve been looking for so long, providing the perfect timing and freedom to act according to what’s needed. 

Real Helpers has a team of experts with more than 50 years of combined experience,

if you want to know more about this and other financial options, our specialists are ready to help. To start, just click the button down below!

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