Do you have a house just sitting there; with nobody wanting to buy it?

Have you thought about renting it, but rents aren't high enough and you don't want the middle of the night calls that the plumbing is backed up?

Well a lease option may be a good choice for you. What you get is someone that wants to buy your home but maybe can't get a loan right now. They pay you an upfront deposit for the option to purchase it later; they also pay additional monthly that goes toward the purchase price. The even better part is that they also take care of regular maintenance, and you don't get those middle of the night calls.

So why would someone want to buy as a lease option? It’s a great way to start working on lowering the purchase price and the loan they will need to get in order to buy your property. It also may give them time to fix credit problems that are stopping them from getting a loan now.

Lease Options are really a Win-Win Situation. You the Seller have someone living in your house paying most if not all of your mortgage payment, and the Buyer is putting some of their rent money towards the purchase of your house.