A Lease Option May Be Right For You
Bring up the subject of using Lease Options for real estate transactions and you normally get one of three reactions. "I hate 'em! I have never seen one work out right yet!" - from some real estate agents. "I think they're great!" - from investors who actually use them. Or maybe you get a "What's a lease option?" from someone just getting into the business.
Whatever your position, I probably wont change your mind. I will say however that lease options are one way to control and benefit from real estate without taking on the risks of ownership. And they provide a service that cannot really be done in any other way, except with rent to own and the two concepts are so close together that they are almost the same thing.
Lease option real estate solves a problem that has always been with us and one that is going to get much bigger, very rapidly with the tightening up of sub-prime mortgage lending. That problem is credit.
To read the rest of the article please see my posting at EzineArticles.
Filed under: Lease Options
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