Is there a lease purchase option?

Asked by Arnisha, Philadelphia, PA Sat Feb 28, 2009

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This question is about this property: http://www.trulia.com/property/43951722-7821-Michener-Ave-Ph…

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Dana Schuster, Agent, Slidell, LA
Sat Feb 28, 2009
Please check out my previous posts about lease/purchase and be aware that this is more expensive in the short run than an outright prchase and you can stand to lose a lot of money. this works well for people with poor credit but substantial income who can make the hefty nonrefundable deposit and pay above market rent for the lease. i advise you not to enter into a lease/purchase without representation from an agent who can protect your interests. if you want to inquire about possible lease/purchase on this house,I suggest you connect with a local agent who can explore this for you with the listing agent.
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