How to Buy a House Using a Lease Option Islip NY

If you're ready to buy the home of your dreams, but your credit or savings isn't quite ready yet, a lease with option to buy (often simply called a "lease option" or, somewhat inaccurately, "rent to own") may help you move in. Lease options, in which you lease (rent) a property and have the option to buy the property at the end of the lease term, can allow you to control a home that you want even if you don't have enough money for a down payment yet. A lease option may also be helpful if you need some time to improve your credit before you can get a good mortgage rate.

Local Companies

UA Plaza
631 662 2033
2545 Hempstead tkp
East Meadow, NY
Beechwood Organization
(516) 935-5555
500 North Broadway
Jericho, NY
ILC Industries Inc.
(631) 567-5600
105 Wilbur Place
Bohemia, NY
P.C. Richard & Son
(631) 843-4300
150 Price Parkway
Farmingdale, NY
C21 AMH Commercial-A div.of Century 21 American Homes
516 642-8896
1897 Wantagh Avenue
Wantagh, NY
Global Office Suites
631-780-7000
1600 Expressway plaza suite 100
hauppauge, NY
Arbor Commercial Mortgage
(516) 832-8002
333 Earle Ovington Blvd.
Uniondale, NY
Crooker Fire Drill Corp.
(631) 277-7602
P.O. Box 368
IslipTerrace, NY
Levitz Home Furnishings Inc.
(516) 496-9560
300 Crossways Park Drive
Woodbury, NY
Schonfeld Securities
(516) 822-0202
1 Jericho Plaza
Jericho, NY

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It?s no secret that leases can be intimidating ? they can be quite long and the language is often very confusing. As a result, many people will sign the lease without actually reading ? or understanding ? the entire document. Landlords can include all sorts of different provisions in the lease, and once you sign it, these terms are legally binding. That?s why it?s important to take as much time as you need to understand your apartment lease. By doing so, you will be much better prepared to handle any conflicts or problems that may come up during your tenancy.
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