The second method is to use a contract for deed. This method shifts the control to the buyer whereas the lease option maintains the control with the seller.
Frankly a lease option is not a favorable transaction to enter into. You will be committing to buying at a future value that may or may not be reached.
Brock Realty Inc.
Visit http://www.brockrealtyinc.com where you can sign up for a FREE Listing book account which allows you to search the MLS in real time and receive morning reports on new listings, current pendings and recent solds.