Saturday, September 16, 2006

"Lease Option" for Sellers

I'm in the business to represent and complete buy and sell transactions for my clients. But, ultimately I want to provide options for my clients that are in their best interest. Real estate 101 suggests not selling your first home when you are ready to move up to the next place. Not possible for all, but if you were savy in your purchase, paid down extra principle, and maybe have benefitted from extraordinary appreciation, you may want to hold on and rent your first home out.

Your money man can help you with the numbers. To learn more, check out this post by a primo buyer's agent in Boston. He references Bob Bruss, a national real estate expert, and adds a little extra.

Is this an option for you?

Read: Lease options-one way to protect yourself from low prices

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