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A lease-purchase option is an agreement where the buyer rents the property for a while before deciding to buy it. The buyer must pay a fee to the seller, which prioritizes them for purchasing the house later on.
Moreover, a lease term is established, and once it ends, the buyer must pay the entire previously agreed price. If this doesn't happen, the buyer may lose all the privilege of buying the property later on, and it can be sold to a different person.
However, the buyer must still pay for taxes and maintenance costs, and the rent is probably going to be higher than usual to cover future expenses.
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Beycome Florida:
400 NW 26th St,
Miami, FL 33127
Beycome Office:
5701 Sunset Dr #224,
South Miami, FL 33143
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804-656-5007
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IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information is updated daily. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
The availability of services and savings can vary by state. See more Information about our services for program details.
Beycome Corp. works with real estate brokerages licensed to do business in multiple states across the country. Beycome Brokerage Realty LLC d/b/a beycome.com is a real estate brokerage licensed to do business in AL, GA, IL, MI, MN, NC, SC and TX. Beycome of Florida LLC d/b/a beycome.com is a real estate brokerage licensed to do business in Fl. Beycome of Connecticut LLC d/b/a beycome.com is a real estate brokerage licensed to do business in CT. A list of our licenses is available here.
Beycome Title LLC, Beycome Brokerage Realty and Beycome of Florida have a business relationship in that all are owned by the same persons.
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