Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about lease option contract: | |||||||||||||||||||||||
Lease-to-Own House Purchases
20 September 2004, 3 October 2005 Postscript What Is a Lease-to-Own Purchase? A lease-to-own house purchase (also "rent-to-own purchase" or "lease purchase") is a lease combined with an option to purchase the property within a specified period, usually 3 ... more... Can a Deadbeat Pay Cash? January 10, 2000 "Can we bypass a credit check by paying cash for a new house? My husband and I have very bad credit. Our house has a current value of $400,000 and our current mortgage balance is $250,000. We want to sell and buy a cheaper house by using our equity and ... more... |
|||||||||||||||||||||||
lease option contract related definitions |
|||||||||||||||||||||||
Lease With Option To Purchase
Lease With Option To Purchase A lease under which the lessee has the right to purchase the property. A Lease Purchase Agreement is usually two separate agreements between the parties: a Lease Agreement and a Purchase Agreement. The Lease Purchase shows a definite tenant's ... more... Land Contract Land Contract A contract selling arrangement whereby the buyer may use and occupy land, but no deed is given by seller until the sales price has been paid. Also commonly called a conditional sales contract, installment sales contract or real property sales contract, used ... more... |
|||||||||||||||||||||||
More about lease option contract Real Estate Investing with Bad Credit! Car Leasing - Top 5 Myths About Car Leasing Know When To Get An Agreement In Writing How to Sell Your Home Without a Real Estate Agent What to Consider Before Leasing a Car Contemplating Selling Your Cell Tower Lease For A Lump Sum? Top Tips from Real Estate Author Mark Nash for Negotiating a Home Purchase Contract Investing in Real Estate Profitably: Financing Options for Purchase of Rental Houses, Part 1. How Commodity Trading Differs from Stock Trading Dodging Leasing's Grim Reaper: Navigating a Payment Default
|
|
||||||||||||||||||||||
|