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Tag >> option fee
Why Would Sellers Do A Lease Option?
Posted by: Nick Johnson in Subject To, option fee, Motivated Sellers, lease purchase, Lease Option, Foreclosure, Due on Sale Clause on Apr 27, 2008
A Lease Options is a "Rent To Own" arrangement, which is simply a lease where the tenant has the option to purchase the subject property. This tenant/buyer is sometimes called "Homeowners In Training" where they can own now and buy later.
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