By Kathy Sperl-Bell | Mar 22, 2013
What are the advantages and disadvantages of a Lease/Purchase Agreement when you are selling your home? There are times when a buyer is unable to proceed with the purchase of a home right away, but they have a plan and they really want to buy your home.
Lease/Purchase or Rent with an Option to Buy. Why should a Seller be cautious about agreeing to one of these open ended agreements?
Rent with an Option can be very good for the Buyer but for the Seller there are other considerations. You are taking your home off the market and renting it with the hope that the tenants will exercise the option to purchase.