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An LOI – When to Use It

An LOI – When to Use It

What is an LOI? Before we go into when to use an LOI let us first discuss what it is. An LOI is simply a Letter of Intent (a.k.a., Letter of Interest).  If you refer to Wikipedia, they simply state that it is an understanding between two parties before actually effectuating the terms in a […]

Right of First Refusal – What is It?

Right of First Refusal – What is It?

What Is a Right of First Refusal The phrase “right of first refusal” can a very powerful tool, if used correctly. To have a right of first refusal is exactly what it sounds like.  It occurs when a buyer may want to buy a property but is unable to buy at that particular moment in […]

The Lease Option – A Realtor Perspective

The Lease Option – A Realtor Perspective

What is a Lease Option? I have spoken at length about lease options covering the benefits and risks that are involved with each party.  There is the Seller’s Perspective and there is the Buyer’s Perspective.  There are advantages for both parties. This raises the question about how does the Realtor benefit from a lease option? […]

The Lease Option for Sellers

The Lease Option for Sellers

What is a Lease Options? Before I begin talking about the advantages and disadvantages of doing a lease option for sellers I should explain, briefly, what a lease option actually is. When an owner decides to do a lease option he is actually making the decision to sell a home to a person on a […]

The Lease Option: A Buyer’s Perspective

The Lease Option: A Buyer’s Perspective

A lease option is a technique that many potential homes buyers could get into a home without actually buying the home … yet. In this article we will cover how a lease option works from the perspective of the buyer, (a.k.a., tenant/buyer). What is a Lease Option? A lease option is also called rent to […]


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