In any market, you can use lease option to reach a much broad buyer base, such as buyers usually could not buy their homes because of bad or poor credit score. You can also reach investors who use lease option as an investment tool. Most real investors use lease option to buy or sell properties in order to get more profits. Lease option is a very good tool to sell home with for sale by owner. It is my favorite tool to sell my properties.

What exactly is lease option?

In a simple term, a lease option (also called lease purchase or rent to own, or right to buy lease) is a real estate contract between a homebuyer and a seller (in this case, you) that gives the homebuyer tenancy in your property and the legal right to buy your property at pre-agreed price on or before a specific future date. Read more

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