For Rent in Jacksonville>Question Details

Tiffany Rose, Renter in Jacksonville, FL

Do you have any rent-to-own/lease with option single family homes or condos available on this site?

Asked by Tiffany Rose, Jacksonville, FL Thu Nov 29, 2012

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4
Mike Walsh’s answer
I have a 2BR 2BA condo near the Orange Park Mall and NAS Jax that I would consider doing a lease option on.

Please give me a call at 904-923-8590 and lets see if we can work something out
0 votes Thank Flag Link Sat Dec 1, 2012
BEST ANSWER
Lease/Option
You are desperate!
Your Credit or Finances, or both, will not allow you to go the conventional route:
You need the Seller to help you out!

The Seller will know it, and you are going to pay dearly for this service:
There aren't too many altruistic Sellers out there.

The terms that can be written into a Lease/Option can be dangerous to you:
How long is the Option period?
How much money are you putting in to the Option?
What happens if you are not able to execute the Option?
How do you know what your financial situation will be 2-5 years from now?
How much is the rent in the meantime?
Who will be responsible for maintenance and repair in the meantime?
What will be the Market Value of the home in 2-5 years?
What will be the Selling price 2-5 years from now?

This is the Ultimate Caveat Emptor!
0 votes Thank Flag Link Thu Nov 29, 2012
Thank you Mr. Thomas for your reply. You have given me much to consider if I were to proceed with this option.
Flag Fri Nov 30, 2012
Before I give you an answer to clout question, I have a few for you. If you have a moment, please give me a call. To properly help you, there are some things I need to know so I may best provide for your needs and still protect you.
0 votes Thank Flag Link Thu Nov 29, 2012
I am sure I can find you something to suit your needs, give me a call or email me with your requirements so we can get started.


Orin Smith
Broker Associate
All Real Estate Pro
6672 Banbury Road
Jacksonville, FL 32211
Phone office: 904-743-3050
Cell: 904-728-3729
Fax: 904-517-8116
email: orin@arpjax.com
Web: http://www.arpjax.com
0 votes Thank Flag Link Thu Nov 29, 2012
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