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re: Lease to own (lease/purchase)
Posted on 8/7/10 at 10:37 am to beckatlsu
Posted on 8/7/10 at 10:37 am to beckatlsu
Lease to own probably means the tenant has poor credit right now and needs time to repair it.
If you do that, in addition to the normal security deposit on the rental, you want them to put some nonrefundable $$$ down so they won't just walk away at the end of the lease term and leave you with a house that may need to be fixed up prior to selling it.
If you do that, in addition to the normal security deposit on the rental, you want them to put some nonrefundable $$$ down so they won't just walk away at the end of the lease term and leave you with a house that may need to be fixed up prior to selling it.
1
Posted on 8/7/10 at 11:17 am to Quidam65
Thanks, Q65
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