lease option

What do you want to know about manufactured homes? The worlds greatest collection of expert advice on buying, installing, maintaining and repairing manufactured homes.



Post Reply
melanie

lease option

Post by melanie » Thu Sep 18, 2003 10:32 am

I am trying to sell my mobile home and have been told that a one year lease w/ option to buy is a way that I can go and still purchase the house that I want. Do you have any information on this and how it will effect me in the long run. Thanks for your help.
Melanie

rmurray

Re: lease option

Post by rmurray » Thu Sep 18, 2003 4:46 pm

It will work as far as you getting a homne is concerned...but what happens when you leasee does not pay...damages the home..is not able to buy the home in a year...YOU..now have 2 payments to pay..

Unless you understand the risks of renting a home...you should be very careful about this business...It could be very expensive..

Post Reply

Who is online

Users browsing this forum: No registered users and 8 guests