Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!

 

Monthly Archives: October 2011

The Info Session!

This week we have been discussing two main topics,  real estate leases and a quick synopsis of the types of investments that are out there.  Leaning on solid real estate comps gives investors and edge on each business deal.  Today let me give a brief run through of the in’s and out’s of a lease purchase.

Lease purchases are generally geared toward those who would like to buy a home but may not have to credit rating to do so.  Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale.   Lease purchase agreements are basically a  lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires.  Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer.

Okay guys,  I hope our little time together has been successful and allows your to profit on your deals going forward!  Take care, be blessed and have a blessed weekend!

God Bless!

MJ(Mark Jackson)

What’s The Deal??

When it comes to real estate comps and buying property, everybody has their two cents’ worth of advice to add. Most agree that even now while many people are having to tighten their belts, the property market is on the verge of turning around and buying now seems to be good idea. But the question still remains – what to buy?

There are several types of real estate that are available in the current market.  There are REO’s (bank owned real estate), private foreclosures, re-sales, as well as short sales.  One should choose a niche and stick with one area in order to gain more experience rather than taking a different route and dib and dabble in several areas.  Whether you choice to specialize or be a jack of all trades,  one thing is certain, you have to have solid information to make your deals happen.  InvestorCompsOnline has all the information you need to work deals confidently.  Our expert support system is in place to work for investors from the beginning to the end of a real estate deal.

I encourage you to take a look at our plans today and you can start making a profit on your real deals tonight!  Happy Investing!!

Real Estate And Lease Options! Part 3

We already know the benefit of using real estate comps to profit when you buy.  So today let’s take a look at the last two options for lease purchases and how they effect the deal.

Lease purchase agreements are the most intricate lease-to-own contract. Buyers are legally bound to purchase the real estate when the contract expires. If they default on the purchase agreement they could face legal consequences. Therefore, it is crucial to understand the risks involved before entering into lease purchase option contracts.

Buyers can provide a lump sum down payment or pay monthly installments.  And generally a  portion of rent money is contributed toward the purchase price.  Buyers with bad credit must engage in credit repair strategies to boost their credit scores and remove derogatory credit so they can qualify for a home mortgage loan when the lease option expires. 

Options to purchase are similar to lease purchase agreements. Buyers provide a down payment and a portion of rent is allocated toward the property purchase. While sellers are prohibited from selling the property, they can sell the options to purchase contract to another buyer. If the contract changes hands, the contract terms are unaltered. The only change is tenants submit payments to the individual who purchased the options to purchase contract.

Alright guys, these are some additional options to keep in mind if your project is not selling or renting.  A lease purchase can be a way to be a blessing to someone who may not other wise have the opportunity to know the pride of home ownership.

Real Estate & Lease Options Part 2

Many times investors take advantage of good real estate comps to ensure they get a good price when they are buying properties.  Today I want to discuss a few more details about lease purchase option agreements in real estate.  We are going to focus on one type today, lease options.

Types of Lease Purchase Option Agreements

Lease options are the most common rent-to-own contract used. Buyers are required to provide ‘options’ money to secure the home for sale. The biggest disadvantage of this option is that funds are non-refundable and do not apply toward the purchase price.

Sellers are prohibited from listing the property for sale when lease options are in place. Additionally, lease options contracts cannot be sold or assigned without approval from both parties. If tenants default on their contract, or cannot obtain bank financing when the contract expires, they forfeit all funds contributed toward the purchase. 

It is important to be sure to know that in’s and out’s of all aspects of real estate investments and agreements.  Tomorrow I will be discussing the final two lease purchase options and going into detail on those as well.  Be sure to check back and expand your real estate knowledge!!

Real Estate & Lease Options!

Using a lease purchase option agreement to sell real estate can be a good choice for sellers who can afford to wait for full payment. One just simply has to use the right real estate comps to price the property correctly.  Many times, this home buying option is used when buyers are engaged in credit repair, but cannot yet qualify for bank financing. In essence, lease options are a layaway plan that allows buyers to pay monthly installments for a predetermined amount of time.

A lease purchase option agreement can be structured to meet the needs of both buyers and sellers, but must abide by state laws. Most sellers require a down payment to secure the property for sale and contribute a portion of monthly rental payments toward the home purchase.

Lease option contracts should be executed by a real estate lawyer. The type of contract allowed varies by state and may involve one of three types of contracts,  a lease purchase agreement, options to purchase, or lease option. 

Please check back tomorrow because I plan to go a little more in depth on the three types of contracts and how your business can benefit from them!  Stay tuned guys!!!