| Lease with the Option to Purchase Lease Options with Old World Investments LLC have negotiable terms. We list an example scenario on the site, but terms can be altered as needed. Option Fee Amount paid upfront, which will convert to a down payment as long as the transaction is completed according to the contract. The option fee is NOT refundable so you must know that you will be able to complete the transaction BEFORE you pay the option fee. The option fee is typically $3000-$8000. The person with the lease option (buyer) is responsible for the following Homeowner & liability Insurance Real estate taxes Utilities Maintenance If the person with the lease option (buyer) wants a home inspection, pest inspection, other inspection, appraisal, etc, these must be done BEFORE signing the contract and paying the option fee. |
Potential Renters
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