Landlord Question and Answer Forum
I have someone who is interested in a Lease to Own Option. I am totally cool with that but wanted to know how that worked. Anyone have any advice or ideas?
Kate M, TX on Monday, September 12, 2011
RE: Lease to Own options
Posted by
Website Moderator , AL
on
Wednesday, September 14, 2011
RE: Lease to Own options
Hi Kate, We are in a similar situation. Did you get any help with this? How'd did it go?
Posted by
Jennifer S, PA
on
Friday, December 2, 2011
RE: Lease to Own options
I did not get any response. I checked with a couple people locally I know. The best and easiest option was to set the sale price now if they decided to buy. We offered the tenant $200 off per month for the year if she bought at the end of the lease. We ended up tkaing $2400 off the sels price in the contract, so there is incentive for her.
Posted by
Kate M, TX
on
Monday, December 5, 2011
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