Monday, August 6, 2007

Benefits of Lease Purchase

Tenant/Buyer Features & Benefits

If you are in the market to buy a home, you are probably aware of the advantages home ownership provides (tax shelter, appreciation, security, etc). If you are actively seeking homes for sale on a Lease to Purchase agreement, you are either (1) a very smart renter, (2) a very smart real estate investor, (3) not ready to make a commitment, (4) cannot yet purchase a home through conventional means or (5) any combination of the aforementioned.

The Lease to Purchase contract provides you with many features and benefits, but perhaps the most powerful one is the rate at which you accumulate equity. Compare any lender’s loan amortization schedule to that of a Lease to Purchase contract and you’ll quickly see that the Le View the rest of this article


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