|
Real Estate News Releases
|
(EMAILWIRE.COM, May 10, 2007 ) Livonia, MI -- A lease option (rent to own) allows the home owner to provide the tenants an opportunity to own that is otherwise unavailable. The homeowner is giving the tenant an exclusive right to purchase their home for set price and terms for a certain amount of time. The price, and terms are negotiable at the time of rental. Benefits for the tenant:1. Allows them opportunity to have the time they need to purchase the home. They have is a unilateral contract. This is where only one party has to agree to binding contract. The other party does not have to go thought with it. So in a lease option the landlord (the home owner) must sell the home at agree price and terms. The tenant is right to buy but does not have too. A option is a unilateral contract.2. Tenant has time to get their credit clean up, need money to acquire home.3. Allows tenant time to make sure they really want to own the home.The on line free quick home finder is one the best and quickest way to find rental property in Southeast Michigan. Mr. Larry Morris, Realtor, and Rent to Own Expert have set up new quick and easy to use http://www.TheQuickHomeFinder.com. This will allow persons wanting to rent to look at properties without the interference of realtor.Rent to buy is often referred to as: lease purchase option, lease option home, real estate lease option, lease option contract, lease option form, lease option to buy house, lease option buy form, lease with option to buy contract, lease option to buy real estate, lease purchase option for home, lease option house, lease option agreement, residential lease option to purchase, lease with option to purchase form, rent to own, rent to own home, rent to own house, rent to own Michigan, rent to and own home listing.If you need to look up the meaning of any of words or terms in this press release, wikipedia is great source http://en.wikipedia.org terms like: unilateral contract, optionee, optionor, term, lease option lease option to buy, rent agreement, lease, real estate, rent to own real estate, and lease option to buy home. Mr. Larry Morris phone # Phone: (888) 851-3710###This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.
National Real Estate Network
mmaupin@donaterealestate.com
|
|
|
Real Estate News by Sector
|
|
|
|