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Law Office of Marilyn Sullivan

Finding Rent to Buy Lease Option Partners

How the Seller finds a Rent to Buy Lease Option Buyer

If your property is listed, tell your agent to specify in the listing that the Seller will Lease Option. If your agent hasn't marketed your property on www.Craigslist.org, do it yourself. You can either include it under the category "apartments/housing" or "real estate for sale". If your property is not listed, list it on a For Sale By Owner website and www.Craigslist.org and market it as a Lease Option or Rent to Buy. People tend to understand Rent to Buy or Rent to Own easier than Lease Option.

How the Rent to Buy Lease Option Buyer finds a Seller

If you are in a Buyer's market, Sellers will be more open to a Rent to Own Lease Option purchase. Go to open houses, hire a real estate agent or work with the Seller's agent. If in a Seller's market and you find a property you really like, contact the Seller's Agent or put a note in the Seller's mailbox.

A For Sale By Owner Seller would be more inclined to sell by a Rent to Buy Lease Option. Search the For Sale by Owner listings for a property you like, then point the Seller to this website to explain the Rent to Own Lease Option transaction.

Go to www.Craigslist.org and respond to postings under "Apts./housing for rent." Ask if they are interested in a Rent to Buy Lease Option. Under "housing wanted" post your interest in a Rent to Buy. Also, go to "Real Estate for Sale", and when you see a property you have interest in, inquire about whether they will Lease Option.