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Jo Pellegrino-Ellis

"Attention to every detail"
  • 5 Answers
  • 4 Listings
Agent at RE/MAX Professionals
Experience:
Broker Agents for RE/MAX Professionals January 1968—present
Owen and Jo have over fifty years of combined real estate experience. The majority of…
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Specialties:
We are a full service Realtors specializing in residential sales, commercial sales and single family property management.
Certifications
& Awards:
Our designations include Certified Property Manager, Certified Residential Specialists, Accredited Buyers Agents, Graduates of the Real Estate Institute, ... show more
Interests:
We enjoy traveling, cooking, hiking, playing with our grandkids and riding our ... show more
About:
Jo Pellegrino-Elis and Owen Ellis have many years of combined real estate experience which means getting quality service that's backed by confidence, trust ... show more
Testimonials:
"Jo and Owen were great to work with! We always knew what was happening throughout our buying and selling transactions. Having such experienced professionals ... show more
Jo Pellegrino-Ellis answered:
That old adige is true. There are several scams out there involving these lease options. SInce you own your property free and clear, I see no benefit to you whatsoever. You don't need this "investor" to bring you a buyer. Several things to note, the Colorado Real Estate Commission has no approved contracts for lease/option or lease/purchase. Therefore, the contract should be written by an attorney. Secondly, there's a difference between a lease/option and a lease/purchase. With the lease/option the tenant is not obligated in any way to purchase at the end of the lease term. My husband is a Certified Property Manager and has always discouraged our landlords from becoming involved in this sort of thing, as nine times out of ten they never turn into a sale. Then you're left with a vacant unit again that will most likely need carpet and paint again. We have been very successful with finding renters on http://www.Rentals.com. It's inexpensive and works very well. Good luck with whatever you decide to you. If we can provide you with further assistance you can contact us at TheEllisTeam@earthlink.net. or through our website http://www.ColoradosBestHomes.com. - Wed May 13 2009, 13:41

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