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What Are The Best Terms For A Seller To Lease Option To Buy?
Need to sell my home in a bad market, would like advice on terms to offer lease option to buy basics, such as % down payment, monthly lease amount, length of lease.
asked 4 months ago
Answers
Work out a selling price and a realistic rent you require for the property. Use a 'Short fixed Term Rental Agreement', it is easier to get people out if they fall behind with the rent. Ask for three months deposit and as an enticement to buy, include the words 'any rental paid will be deducted from the price.
answered 4 months ago
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