Lease Options Are an Alternative to Bank...
Posted by About.com Home Buying / Selling in
Buyer/Seller News on 11 27th, 2009 |
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When mortgage credit tightens, buyers and sellers consider alternative financing options such as lease purchases and lease options.
The two are not identical, but are synonymous with rent-to-own. Both involve owner financing, so the buyer is not obligated to obtain financing from a conventional lender,...