~Real Estate By: Reva Tidwell, lease option

What is a lease option?

When a where dora games renter signs a dog nutrition supplement lease with an option to purchase the property for a specific price within a certain time frame, that is called a lease option. In most lease-option situations, a portion of the rent is applied to a future down payment.

Lease options are most popular among buyers who don't have enough funds for a down payment and closing costs.