How to Buy a House Using a Lease Option New York 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

Citibank Lending
(212) 986-9686
734 Third Avenue
New York, NY
Edward Warren & Company, Inc.
(212) 750-6800
575 Lexington Avenue
New York, NY
PBS Realty Advisors LLC
(212) 672-2000
230 Park Avenue
New York, NY
Teresa Mann
(212) 532-6381
PO Box 695 Murray Hill Station
New York, NY
Virtual Office Space
14 S State Street
Hackensack, NJ
Accomodations in NY
(212) 799-9711
20 W. 64th Street
New York, NY
Douglas Davis
(917) 402-0228
299 Clemont Avenue
Brooklyn, NY
Norman Bobrow & Co., Inc.
(212) 682-9790
331 Madison Avenue
New York, NY
Sugarhill Services Corp.
(212) 283-7914
880 St. Nicholas Avenue
New York, NY
Brandon Residence for Women
(212) 496-6901
340 West 85th Street
New York, 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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