Read part three of our multi-series exploring new and creative ideas for financing your home purchase, that could get you out of a spot even if you’ve recently been through a foreclosure or short sale.
Lease Options to the Rescue
When sellers give up hope of ever getting their money out of a property, getting them to list a property can be almost impossible. The same is true for marginal buyers who cannot pass stringent credit or down payment stipulations. A lease option agreement is one possible way for the two ends to meet. Putting buyer and seller into a lease option is another task a qualified Realtor can excel at.