Watch out for lease-purchase contracts. With these, you could be legally obligated to buy the home at the end of the lease – whether you can afford to or not. To have the option to buy without.
The Basics on Lease-Option (Rent to Own) – If the purchase price for the lease-option home is agreed upon up front, you can also save on the purchase price if the home appreciates in value by the time your lease ends. Cons. If you’re the home seller, a lease-option means that you’ll need to become a landlord with traditional landlord worries.
Find Rent to Own Properties on Housing List – Finding Lease to Own Homes with HousingList Here at HousingList, we offer many types of property listings – but Lease-to-own is where we got our start and will remain one of our strengths. As of May, 2019 we have over 2 million listings in our database which include lease-to-own homes, and this number is continuously updated.
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Lease options allow you to set a purchase price and move in now while completing the process and closing in the future; Rent-to-own homes involve both a lease (rental agreement) and a purchase.
Your New #1 Source For Metro Atlanta Lease Option, Owner. – We don’t have the same strict rules and long underwriting process as the banks or institutional lenders. We offer owner financing, lease option and/or lease purchase, rent to own homes in metro Atlanta. Past money problems and job changes don’t scare us. We understand life has its ups and downs.