Receive Monthly Rental Payments
Instead of leaving your property sitting vacant or waiting for a buyer, receive monthly rental payments during the agreed lease period.
Lease Option
A Flexible Way to Sell
on a Different Timeline.
Sometimes, selling a property doesn't have to happen immediately.
For homeowners who are open to a more flexible arrangement, a lease option may provide another possibility.
Depending on your situation, you may be able to receive payments while creating an opportunity for your property to be purchased at a later date. At Remington Property Group, we consider these arrangements individually to determine whether they may be appropriate.
Tell Us About Your PropertyUnderstanding a flexible arrangement
What Is a
Lease Option?
A lease option offers homeowners a flexible alternative to selling their property immediately.
Here's how it works: We agree on the terms of a lease and establish an option to purchase the property at a future date. During the lease period, you receive monthly rental payments under the agreement while retaining ownership of your property.
The agreement establishes the monthly payment, lease period, purchase price, and responsibilities of each party, so everyone understands the arrangement from the beginning.
This can be especially attractive if you've already tried selling your home without success. Rather than continuing to wait for a traditional buyer, a lease option provides another way to put your property to work while creating the opportunity for a future sale.
For homeowners who don't need to receive the entire purchase price immediately, a lease option offers an alternative worth exploring.
Potential benefits
The Benefits of Selling
With a Lease Option.
Another Opportunity to Sell
If your home hasn't sold through traditional methods, a lease option gives you another way to attract a potential buyer and work toward a future sale.
Make Your Property Work for You
Rather than continuing to wait for the right buyer, put your property to use while keeping the opportunity for a future sale open.
More Flexibility, Less Pressure
You don't have to rely on an immediate sale. A lease option gives you another approach to consider, with a payment schedule and purchase terms established in advance.
A clear path forward
How Would We
Get Started?
- 01
Tell Us About Your Property
Share the basic property details and what you'd like to accomplish.
- 02
Let's Discuss Your Goals
We'll review your situation and explore whether a lease option or another purchase approach might make sense.
- 03
Review the Possibilities
If there's a potential fit, we'll explain the proposed arrangement so you can decide whether you'd like to proceed.
Another Way Forward
Your Home Hasn't Sold.
That Doesn't Mean You're Out of Options.
Sometimes, a traditional sale doesn't produce the results you expected. That doesn't mean you have to keep waiting for the right buyer or give up on selling your property.
A lease option offers another approach—allowing you to receive monthly rental payments under an agreed lease while creating the opportunity for a future purchase.
At Remington Property Group, we'll take the time to understand your situation and explore whether this approach makes sense for you.
Common questions
Clear answers,
without pressure.
Will I receive payments during the lease period?
Yes. In a lease-option arrangement, you receive the agreed monthly rental payments during the lease term.
Do I still own the property?
Yes. In a lease option, you generally retain ownership during the lease period. Maintenance, insurance, taxes, and other responsibilities are clearly set out in the agreement.
Is the future sale guaranteed?
No. A lease option creates the opportunity for a future purchase, but not every lease option ends in a completed sale.
Can this work if I still have a mortgage?
Yes. You don't have to own your home free and clear to explore a lease option. Many homeowners still have an existing mortgage. The lease payments can help cover your monthly mortgage payment while you retain ownership of the property and work toward a potential future sale. We'll review your situation and discuss how an arrangement could be structured.
Do I need to know whether a lease option is right for me?
No. You don’t need to have it all figured out before contacting us. Start by telling us about your property, and we can discuss possible options together.
How are the terms of a lease option established?
We work together to establish the lease period, monthly payments, purchase price, option terms, and the responsibilities of each party. Everything is clearly outlined in the agreement so everyone understands how the arrangement works from the beginning.
Start with a conversation
Let's Explore
Your Options.
You don't need to decide on a cash sale, seller financing, or a lease option before contacting us.
Tell us a little about your property, and we'll help you understand what possibilities may be worth discussing.
No pressure. No obligation. Just a conversation.