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Saturday, September 25, 2010

What is a Lease-to-own Purchase?

A lease-to-own house purchase (also "rent-to-own purchase' or "lease purchase") is lease combined with an option to purchase the property within a specified period, usually 3 years or less, at an agreed-upon price.

Are there upfront cost to someone wanting to do a lease to own?

What happens if the person decided after they have been living in the home they do not want to purchase the home?

What are some Contract Features of a Lease-Purchase?


For more about this please call Belshire & Associates Real Estate at 314-495-6839 Shirley Belt or 314-713-9550 Tonya Wade.
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