BEST ANSWER
FIRST ANSWER
Good afternoon Kevin. I deal a lot with lease purchases in the current market. I have one client in a lease purchase now for 18 months. I also have a listing that is offering lease purchase. My suggestion to you is talk with a lender and work with them on a monthly basis to ensure you are on track. In the mean time you need to review your available cash for a down payment. Lease purchases require some money down. When you actually close the home the down payment is applied toward earnest money and deducted from the sales price.
Please feel free to contact me at 678-448-6732 or bparker@remax.net. Also, visit my website at http://www.beckyparker.com for other useful information.
I look forward to hearing from you soon,
Becky Parker
Tue Jun 9 2009, 13:19