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Option to Purchase Addendum to Residential Lease Lease or Rent to Own Hawaii Form

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Option to Purchase Addendum to Residential Lease Lease or Rent to Own Hawaii Form

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Instructions and help about Option To Purchase Addendum To Residential Lease Lease Or Rent To Own Hawaii

I'm gonna talk today about rent-to-own or what we call a lease with the option to buy. And if you're a tenant out there looking to find a home to rent, a lot of times you're looking to see, well I'd really like to rent this home but I really like to buy down the road. So I'm going to try to find a landlord that's going to help me and agree to let me rent the home for a little while and then have that option to purchase the home down the road. The option of purchasing it could be anywhere from, you know, one year, six months, two years, whatever. A lot of it depends on your situation. Do you need money or time to get the money together for your down payment? Do you need to clean up your credit score? You know, what's your timeframe? So think about that. What time frame you want to do with that? You want to make sure everything is in writing and in California, we actually do a real estate purchase agreement, you do an option to buy

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