I am interested in purchasing a home on a lease purchase in the Hasty Elementary School District in Canton, GA. Can anyone help me locate some homes?

Asked by Danielle Sones, Canton, GA Wed Dec 28, 2011

Help the community by answering this question:

+ web reference
Web reference:

Answers

7
Jnapier, , Canton, GA
Tue Jul 24, 2012
Hi Daniel
I am the homeowner of 501 Charles Drive Canton Ga, 30115. If you are still interested in leasing a home in Canton Ga please send me an email at jnapier8361@gmail.com. Make today the best of all of your yesterdays!.. Ms. Jamera Napier
0 votes
Joel Owens, Agent, Canton, OH
Wed Dec 28, 2011
Danielle I sell commercial real estate so don't have a dog in this hunt.

It is important to make sure you know the difference between a lease option and a lease purchase.A lease purchase you are required to purchase by a certain date and time.

With a lease option you can purchase but are not required to.

Typically sellers like a lease option because the money is not treated as a security deposit and the buyer doesn't have a beneficial interest in the property.If you stop paying they can simply evict you and re-option the property again.

The buyers like it because they are not locked in to a property.Typically many times the buyer never ends up purchasing the home. The family gets a divorce,death in the family,person gets sick,loses a job,job is transferred to another area,has a baby and needs more space,finds out things after living there they do not like etc.

If you can pick up a lease purchase or option with great terms to you with putting little to nothing down then it might work.

Otherwise if the seller is requiring a large deposit you would be better off just fixing your credit and buying a house the regular way. I do know investors who will owner finance and have the property paid off.The problem is they know typically you can't get conventional financing so if the going rate is 4.25% they will charge 7 to 8%.

This is why I say if you have some money buying the regular way might be better for you.If you have a bunch of cash but your credit is thrashed then a lease might be better.It just depends on your situation and circumstances. Hope it helps.No legal advice.
0 votes
Linda Jones, Agent, Canton, GA
Wed Dec 28, 2011
Danielle,

There are a few homes with a lease purchase option in your desired school district. Please give me a call and lets discuss your price point and the features that you would like to have in your new home.
0 votes
Don Tepper, Agent, Burke, VA
Wed Dec 28, 2011
Here's a blog I wrote on how to find lease-purchase homes: http://bit.ly/findaleaseoption

Some involve using a Realtor . . . and I see that a number of them are offering to help you. Others don't require a real estate agent, though you would still find one helpful.

Hope that helps.
0 votes
Sheryl Smith, Agent, Woodstock, GA
Wed Dec 28, 2011
Absolutely! Please contact me via email @ sheryl.smith@metrobrokers.com. I'd love to assist in your search for a new home. Thanks!
0 votes
Sonya Lanier, Agent, Canton, OH
Wed Dec 28, 2011
I would be happy to help you can reach me at slanier2@windstream.net or 404-202-3671
Sonya Lanier
ERA Sunrise Realty,Inc.
0 votes
davidwbrower, , Woodstock, GA
Wed Dec 28, 2011
Danielle,

I'd be happy to help you locate homes. Give me a call and let's talk about what you desire in a home.

Sincerely,
David Brower, Realtor
Crye-Leike Realtors
678-982-9600
david@davidwbrower.com
0 votes
Search Advice
Search
Ask our community a question
Home Buying in Canton Zip Codes

Email me when…

Learn more