Lease Option To Buy Home Contract Direct
Bound to a fixed price; may not be able to sell to others if value spikes. Critical "Red Flags" to Watch For
Clearly define who pays for major systems like the roof or HVAC. You could spend thousands repairing a home you don't yet own and might never buy. Summary of Pros and Cons For the Buyer For the Seller Pros lease option to buy home contract
Many contracts state that if a rent payment is even one day late, you forfeit the credit for that month. 4. Locked-In Purchase Price The contract usually sets a fixed price at the start. Bound to a fixed price; may not be