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Mortgage Professor about lease purchase option: 
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 purchase option 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...

Section 8 Housing
Section 8 Housing The Section 8 program began during the Great Depression to increase the housing choices available to very low-income households by making privately-owned rental housing affordable to them. It provides rent subsidies, either rental certificates or vouchers, on ... more...

More about lease purchase option

Get Free lease purchase option Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Real Estate Stories that Show You How!
Lets begin easing you out of the pits. I mean, comfort zone! Im going to slowly and methodically give you as many little sparks and insights to the relatively simple ways that ordinary people use real estate to achieve extraordinary results.Stories are the best spark plugs. They let you casually ... more...

Real Estate Investing with Bad Credit!
By being creative, you can play the game of real estate investing by using what is called Option's investing.This is just one technique of the Option's strategy of investing but can be a power tool in your investors toolbox to help you control more real estate and build wealth.An option is an ... more...

Smart Car Leasing for Beginners
Car leasing is extremely popular because it provides an attractive method of driving an automobile that you might not otherwise afford. It allows you to make lower monthly payments than with traditional car purchase loans. About one out of every four vehicles driven by automotive consumers in the ... more...

Real Estate Lease Option Danger
Why are real estate investors having so much success offering "rent to own" homes?Lease-options offer home ownership opportunities to folks with little cash and not so hot credit.Oh boy, there are plenty of those around.Both parties in a lease-option deal are counting on the buyer being able to ... more...

Understand Car Leasing Payments - The Easy Way
Thousands of people lease cars every year but only a small percentage understand how leasing really works. In fact, leasing is often misunderstood to the point that it is often considered a scam or evil plot on the part of car dealers.Leasing is actually a simple concept and one that has been ... more...

With a Lease, The Devil Is In The Details
In the last article we looked at a few of the things you should consider before leasing that first office or storefront for your business. To recap, you should not only consider the old standard "location, location, location," but also consider things like sufficient parking, the number of ... more...

Creative Ways to Finance a Business Purchase
Youve just walked out of a business owners office, who has grown an established, profitable business that he is willing to sell to you, for very favorable purchase terms, at a fair price, but you have no clue how you are going to raise the necessary capital required to complete the purchase. ... more...

Should You Accept A Full Purchase Offer For Your Note or Not?
You could be facing a dilemma when considering payout options on selling your mortgage note!To accept a full purchase offer or a partial purchase offer is not always an easy decision.Sure, to take the full purchase option is an easy decision to make if you're holding a second position note on a ... more...

Eight Simple Rules for Avoiding Problems When Car Leasing
The lure of low monthly payments leads many automotive consumers to lease when its not right for them. By the time they discover the error of their ways, its too late.Its not possible to cancel a lease deal after the contract has been signed and the car driven off the lot. Its also not possible to ... more...

Option One Mortgage Loans Getting an Option ARM or Option One Mortgage Loan
Have you heard about or been interested in finding out more about option one mortgage loans? They are becoming very popular, but its important to understand how they work before you apply for one. I will describe, in this article, an overview of the most common type of option ARM mortgage loan or ... more...

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