Thursday, June 17, 2010
Lease Options, Wraps, other ways to get a property
Recently a couple of clients asked me about rent-to-own, rent-to-buy, lease option and other alternatives to a straight purchase or a straight lease. This article by Karen J. Radakovich, Esq. (counsel with Frascona, Joiner, Goodman, and Greenstein) discusses some of the pros and cons of this netherland between leasing and purchasing a property. You may care to read this article before contacting your lawyer to draw up an agreement that links renting and buying.
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