Can anyone tell me how a lease purchase is handled. Do you list it that way or do you list it like a regular?
listing and then add something in the agreement. Also do you agree on a price in the beginning or at the end of the lease. Do you list as a home for rent with a lease purchase option or a home for sale with a lease purchase option. Thanks in advance for any answers . Nancy
Answers (1)
FIRST ANSWER
Nancy, if the home is for sale you can include in the finance section of the agreement that the seller will consider "lease option". You can also list it solely as a lease option here in CA., don't know about Charleston. The terms of the lease are set out the outset of the agreement. Check out the link below for generic information and then research your own State for specifics. Good Luck. Cindy Vedder
Web Reference: http://search.car.org/search?q=lease+option+to+buy&site...
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