Home Buying in Windermere>Question Details

Mary Porta, Renter in Windermere, FL

looking for a house to rent with option to buy in windermere, fl

Asked by Mary Porta, Windermere, FL Thu Dec 27, 2012

Help the community by answering this question:

Answers

3
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!
1 vote Thank Flag Link Thu Dec 27, 2012
Mary,

Lease Options are hard to come by nowdays with so many homes being sold and inventory being so low. Inventory is extremely low in Windermere especially, but I'd love to help you in your search. Feel free to visit dkwak.kwrealty.com to see all the listings on the market or call/email me.

Best Regards,
Daniel Kwak
Keller Williams Classic Realty
danielkwak@alumni.ufl.edu
407-506-9156
0 votes Thank Flag Link Fri Jan 18, 2013
Hello Mary,

I work with the new Century 21 office in Windermere. Please contact me regarding your situation. We may be able to help. You can call me at 407-405-1225
0 votes Thank Flag Link Thu Dec 27, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer