What is a lease option?

When a renter signs a lease with an option to purchase a Boston MetroWest property for a specific price within a certain time frame, that is called a lease option. In most lease-option situations, a portion of the rent is applied to a future down payment.
Lease options are most popular among buyers who don't have enough funds for a down payment and closing costs.

First Name* Last Name* Email* Phone Street Town/City State Zip Code How did you hear about me? If from Website, which one? Question / Comments Enter the code:    Please wait...