I'M LEASING WITH OPTION TO BUY, BUT I CAN'T FIND THE PROPERTY PURCHASE PRICE?

Joanna Borrero
Home Buyer
Orlando, FL

Answers (4)
First to answer: J Lo
Myke Triebold,G...
Agent
Destin, FL

If you utilized the service of a realtor,call them. If not, did you use an attorney? If this is so, call the attorney. There should have been a sales contract signed by both parties if it was indeed a lease with option to buy--check your contract carefully--it might have ended up as a straight lease without your realizing that to be the case. There is a difference between a lease with an option to buy and a lease purchase (in the lease purchase, there may be a promis to apply some of rental monies toward the purchase price). Is there an escrow account (money you paid to a title company to be held as a "deposit" on your purchase? All these questions need to be answered before we can give you more information. I hope this helps you

Mon Sep 17 2007, 09:50
Deysma C Ketter...
Agent
Orlando, FL

Joanne
Did you not negotiate the purchase price? You should have done this, before moving in and giving any monies.
Regards,
Deysma Kettering

Mon Sep 17 2007, 09:42
J Lo
Home Buyer
California Glory, Br...
FIRST ANSWER

Joanna:
My only question is: has the contract been consumated? Are you in the home? Did you not get full disclosure on purchase price? It seems impossible. I must be missing something - or you need to give more information.

Mon Sep 17 2007, 09:27
Patrick Mahony...
Agent
Scottsdale, AZ

Joanna,
I'M LEASING WITH OPTION TO BUY, BUT I CAN'T FIND THE PROPERTY PURCHASE PRICE?

I would really hope that you are over looking it by accident.
Were you represented by a Realtor? If yes call them.
Does it say Market Value at time of purchase?
Reply with all the Details, terms , deposit, Down payment. Dates.
Hope to hear from you soon.

Mon Sep 17 2007, 09:18

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