Special Report on
Lease Option or Owner Finance
Lease Option or Owner Finance - Trends
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A lease option to purchase simply means that a buyer can lease a property for a certain length of time (typically a year or two) and at the end of the lease they have the option to buy the property. That's it. Rent now; buy later (if you decide to buy). The end. Well, not really. Even though a lease option to purchase is easy to understand we should take a look at how one actually works. The reason a buyer might want to consider a lease option to purchase is because they cannot qualify for a typical mortgage. This could be because of poor credit, no money, no job, etc. A seller might consider one if they are having a ...
The week before The Apprentice aired for the first time in January 2004, I remember wondering if that would be the last week of my well-respected life. I couldn’t help but think that, considering all the negative advice I’d been given. All my advisors thought it was a risk, that it would bomb, that my credibility as a businessman would be jeopardized, that my focus would be lost, and that I was making a huge and ultimately very public mistake. I was afraid. Was it really going to be good? What if it was a disaster? How long would it take to… Read the rest of this article ... Read More
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