Leases with an option to purchase are becoming increasingly popular in today's market due to sellers' inability to sell and buyers' inability to secure a loan. In such cases, a lease option can be a win-win for both parties.
However, keep in mind that the seller has probably not considered such an arrangement and may need to be educated on the process. Additionally, you will need an experienced real estate agent who is familiar with option contracts.
For more details, please contact me as I have negotiated half a dozen lease options already this year throughout the South Bay and West LA areas.
Keller Williams Realty
4644 Admiralty Way
Marina Del Rey, CA 90292