by: EricHiatt



You can purchase property with what is called a lease option. Basically you lease the property for a year or two and at the end of this lease you actually buy the property. The seller can choose if your lease payments will come off the sale price or not since they still own the property. Reasons for lease option are usually the buyer needs time put themselves in a position to make the purchase. Typically building credit and income or time on a job.



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