Lease With Option to Buy

A lease with option to buy contract (also known as a lease-option or lease-purchase contract) is a contract with the combination of a lease agreement and an option to purchase agreement where the tenant may elect to purchase the property.  The tenant normally will pay rent and may pay a non-refundable option deposit that will apply to the purchase price if the tenant exercises the option to purchase the property.

The lease with option to buy provides the tenant with the exclusive right to purchase the property according to the terms of the agreement.  If the tenant decides not to exercise the option to purchase the option deposit is forfeit and the lease terms of the agreement apply.

Investing in Real Estate With Lease Options and "Subject-To" Deals : Powerful...
by Wendy Patton
Amazon Price: $16.47
Customer Review: This is a very good comprehensive book for beginners or seasoned real estate investors who focus on lease options as part of their strategy. I highly recommend this book. Wendy Patton's seminars and boot camps are great!

Jack - arizona...
 

Rent-to-Sell: Your Hands-on Guide to SELL Your Home When Buyers are Scarce
by Wendy Patton
Amazon Price: $21.55
Customer Review: If you cannot sell your house outright for reasons such as the buyer's poor credit, you must read this book. It is no secret that many people went through foreclosures and bankruptcies during the current financial crisis. What this means is that many...
 

Construction Funding: The Process of Real Estate Development, Appraisal, and ...
by Nathan S. Collier, Courtland A. Collier, Don A. Halperin
Amazon Price: $93.86
Customer Review: This is an excellent book on the subject of real estate development. Perhaps the title may be a little misleading because this books offers much more than just construction funding. Anyone who is involved in appraising, developing, or financing a dev...
 
Rent today, own tomorrow: The buyer's guide to lease purchasing a home
by Joshua Merritt
Amazon Price:
 

TurnKey Investing with Lease-Options: How to Simply & Safely Create 12% Retur...
by Matthew S. Chan
Amazon Price: $24.95
Customer Review: I was expecting a turn key guide - I just didn't see it in this book. This book had some good info but not detailed enough for me - a lot of high level, basic, common sense information. I have been a landlord for many years and own many properties....
 

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• DoddFrank Act Significantly Changes Regulatory Environment For Community Le...
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• Bank Of America Stops Disclosing Default APRs CreditCards.com
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