Home Buying in 90713>Question Details

Missyjrrox, Home Buyer in 90713

option to buy property

Asked by Missyjrrox, 90713 Sat May 5, 2012

Help the community by answering this question:

Answers

3
Hello missyjrrox,
If you're looking for lease with option to buy,
there's not much out there.
The two answers pretty cover it.
The reasons people like you look for
this kind of deal is either credit related,
recently house was foreclosed, short sale,
downpayment etc.

With prices going up, low inventory, sellers that do
rentals kind of shy away with lease options.
Usually sellers when they are ready just sell it
outright because there's a lot of bidding going on.

What I can suggest is if you're not ready,
just continue renting, talk to a lender so you get some advice
on how you can remedy your situation.

There's a lot of ads telling you about lease option deals.
As an active Realtor, my clients that did short sales are looking for this deals also.
I looked and sorry to tell you, I can't find any.
Maybe these people that advertise know something I don't.
Good Luck though.

Roberto
0 votes Thank Flag Link Mon Mar 18, 2013
It is not easy in this market to find an option to buy as most people that are selling now do not have much equity and have to do a short sale which would not allow for an option to buy in the area you are looking for. Other standard sale sellers need the money to either upsize or downsize depending on their situation. I have had many buyers contact me regarding doing option to buy property and have not found many options for them unfortunately.

Regards,
Barbara Robbins-Olexa, Broker
L B Brokerage
DRE Lic#797560
714-296-7270
0 votes Thank Flag Link Sun May 6, 2012
are you asking what is involved in a lease with an option to buy ageement?

or, are you asking about a specific property?
0 votes Thank Flag Link Sat May 5, 2012
i would like to know if there are any owners wanting to do a lease or rent to own in the 90713 are code...This is what i need
Flag Sun May 6, 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