Looking for a realtor in the La verne ca area with experience with lease to own option.

Asked by Ja'nasha, La Verne, CA Thu Sep 16, 2010

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Emily Knell, Agent, Huntington Beach, CA
Thu Sep 16, 2010
Please don't do a lease option in a declining market. The problem with the lease option is you'll have to put up "option money" which could be $3k-10K or more & then you need to agree on a price today, when that price could be less when you go to exercise your option.

Best thing you can do is this: Sign a new lease with a landlord & include an addendum that simply states "Tenant has the 1st right of refusal should landlord wish to sell within my 1 yr lease term". That means when the owner does decide to sell you get 1st dibs & you didn't have to spend any extra $ for those privilege.

1 vote
Melissa Krch…, , Rancho Cucamonga, CA
Thu Sep 16, 2010
I used to live in La Verne and work in Glendora but the company I work for has an office in La Verne also. Lease to Own isn't an option that is being explored a lot right now but that's mostly because of the lack of equity in most homes. Let me know if you have any further questions.
0 votes
Forefront Re…, Agent, Rancho Cucamonga, CA
Thu Sep 16, 2010
Hello Ja'nasha,

One of my Realtors, J.T. Orr, is a life long resident of La Verne, and has experience in what you are looking for. Feel free to contact him by email at : jtorr@ffhomes.net or by phone at 909-227-9146.

Pat Palmer-Broker/Realtor
Forefront Real Estate
Web Reference:  http://www.ffhomes.net
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