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Option to Purchase Addendum to Residential Lease Lease or Rent to Own District of Columbia Form

Option to Purchase Addendum to Residential Lease Lease or Rent to Own District of Columbia Form

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atlantans have lost their homes to foreclosure and despite the credit hit they still need a place to live right so if you or someone you know finds themselves in this situation a lease purchase might be just a thing but the question is how does it work that sounds like a perfect question for our real estate expert John Adams he just happens to be here John here hi I'm great all right so you know I have a lot of questions about this because I think there's a lot of confusion with this topic so let's just start with is there an upfront fee is this refundable how does this whole thing get started when we're talking about a lease option and a lot of people sometimes just call it rent to own it's a rental agreement with in which you get the right to buy the property for a specific period of time but not the obligation so it's a great way for you to get familiar with the house familiar with the neighborhood make sure it's right for you

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