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Lease option is a process when a rental agreement is combined with a purchase or an option contract. The price, length of contract, escrow instructions, rent credit, and other relevant terms are negotiated in advance. A percentage of the tenant/buyers rent is credited to the down payment or the price.
This kind of transaction can be a win-win-win situation for the buyer, seller and investor.
Kick Start Your U.S. Foreclosure Investing
Hans Anderson
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Tags: lease option
April 11th, 2009at 6:50 pm
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April 11th, 2009at 7:02 pm
[...] Original post by Real Estate Investing Facts [...]
April 11th, 2009at 7:10 pm
[...] the original post here: What is a Lease Option? Share with [...]
April 11th, 2009at 7:30 pm
[...] Original post by Real Estate Investing Facts [...]