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Newell : Real Estate Advice

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Tue Nov 26, 2013
Georgia Weaver answered:
Possible Lease Option Acreage coming on the Storm Lake IA real estate market. There is one property coming on the market in late December or January. Albert City address, it is located on a hard surface road, has 2 bedrooms, 1 bath, full basement, single car garage, fruit trees, new septic system, well and a new steel roof, also some additional buildings that the owners will remove in 2014. Owner is considering a lease option to purchase purchase. A lease option is different from a rent to own. Please Google Lease Option or click the link below so that you know how this process works. This property is an acreage, not sure what it will be priced at but believe it will be under $90,000. A Lease Option is a good option for someone who needs a little time to get their credit improved to qualify for a standard mortgage. You will need a percentage of the purchase amount up front to purchase the option. Contact me if you would like to be contacted once this property gets closer to coming on the market. 712-291-0118. ... more
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