Lease Option or Lease Purchase
A lease option is different than a lease purchase, a lease purchase binds both parties to the sale, where in a lease option the buyer has the option but the seller doesn't. A Lease Option, in reference to the purchase of residential real estate is an Option, or right, for the Buyer/Renter to choose to purchase a property at the end of an agreed upon lease option period in exchange for a deposit/down payment paid to the seller. This is also known as a First Right of Refusal.
A Lease Purchase, in reference to the purchase of residential real estate is when the terms of a future purchase between the Buyer/Renter and Seller of the property are agreed upon up-front through the use of a traditional Residential Purchase and Sale Agreement.
Dove Lease Purchase
Specializing In Home Buying Without the Bank
Dove Lease Purchase has been created to meet the needs of prospective property owners who need another choice; and their Realtor's who have been unsuccessful in selling their properties in this difficult market in Washington State and the Portland metro area. Dove has created a buying program that overcomes the restrictions and obstacles often faced by buyers applying for a typical mortgage loan. Dove has been managing properties and helping people to purchase property through non-traditional means since 2004. Dove’s program allows property owner’s to sell their property to buyers without securing mortgages upfront. Dove has worked countless hours with title companies, real estate attorney’s and lenders, ensuring the seamless and legal way of buying a property through non-traditional means.
Property Owner’s and Realtors who have been unsuccessful in selling their properties due to the current mortgage climate have benefited from Dove’s services. Using revolutionized technology, Dove brings buyers quicker and more efficiently, than ever before. This proven system helps both sellers and buyers to finally live out their dream.
