Saturday, September 06, 2008


Lease-to-own is gaining favor once again

Lease-to-own options are becoming popular again after falling out of favor during the last couple of decades when mortgages were easy to get.

The advantage of lease-to-own to a buyer includes a way around poor credit and an opportunity to rebuild credit worthiness and get in a position to obtain a mortgage.

For sellers, it offers cash flow from properties that might otherwise just be sitting there.

In some parts of the country, like Florida, rent-to-own arrangements are fairly commonplace; but in other parts of the country, buyers and sellers are only beginning to experiment with this form of purchase.

For developers it can also be a way to market their idle spec homes and produce cash flow to keep their lenders happy.

If you have any questions re this arrangement, please email me at

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