Is the owner interested in a lease to own option?

Asked by Kelly Brown, Arlington, TX Mon Dec 29, 2008

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T.E. & Naima…, Agent, Dallas, TX
Mon Dec 29, 2008
Considering that their note is close to the asking price, I doubt that they would entertain a lease to own option. Lease to own scenarios in Texas have always been highly written in favor of the owners so the laws have been changed where Realtors cannot write them anymore. The buyer and seller have to hire an attorney in addition to all the other costs incurred. Too many buyers lost their downpayment in these transactions.

I would suggest that you look into renting strictly and if you decide to purchase a home, you can approach the owner and make a deal. That way you are not tied into the house and you don't have to consider losing your downpayment.

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The Hagley G…, Agent, Pleasanton, CA
Mon Dec 29, 2008
A good local Realtor will make an effort to contact the listing agent and present this option to the buyer.
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Dallas Texas, Agent, Dallas, TN
Mon Dec 29, 2008
House has only been on the market for 16 days. It is undetermined nor is there anything about lease to own option however till listing agent approach never know. Interior pictures of home looks GREAT

Contact my office whether this home or any other home in area lease purchase happy to assist you

PS I am also a loan officer could assist reviewing your financial determine if you can qualify for a loan to purchase.

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Cindie Stewa…, Agent, Keller, TX
Mon Dec 29, 2008
Not sure on this property, but will be happy to ask the listing agent for you.

I have a home on Swaim Ct. in Arlington that the seller would consider doing so.
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