Options and Lease options - Posted by Chris in TX

Posted by Heather_tx on July 02, 2003 at 18:45:23:

Just a quick answer would be Options are just that an option to buy a property within so many days. Get a Option and try to sell your contract for a flip fee if you are interested in that. Or put an option on it for a few days to make sure that repairs are what you will think, ect,ect
Lease Option is like Rent to Own, You lease the home for a certain amount of time (1,2,3 years whatever) And anytime during that time you have the Option to purchase the home for the previously agreed upon price.

Hope this Helps,
Heather_Tx

Options and Lease options - Posted by Chris in TX

Posted by Chris in TX on July 02, 2003 at 15:15:39:

Is there a difference between OPTIONS and LEASE OPTIONS?

Thank you for your input!
Chris

Re: Options and Lease options - Posted by Larry

Posted by Larry on July 02, 2003 at 16:31:26:

There’s an excellent article on real estate options at www.realestatepubs.com/realestateoptions.htm

Re: Options and Lease options - Posted by John (Rome)

Posted by John (Rome) on July 02, 2003 at 16:00:59:

there you go…courtesy of Willim Bronchick

Re: Options and Lease options - Posted by John (Rome)

Posted by John (Rome) on July 02, 2003 at 16:04:13:

this is better…got my links mixed up…

always courtesy of William Bronchick BTW