Lease Options
(with the right to sublease)

Exactly how does this work?

In our case, I would lease the property from you with an option to buy it at whatever price we can settle on, while retaining the right to sublease to a tenant/buyer who intends to buy it from me. When they buy, I in turn cash you out at the agreed price. We are in the transaction together, but I take care of all the management.

What if the tenant tears up my house?

There’s no way I can guarantee you a tenant won’t damage your house since I won’t be living with them. But under our agreement, if that should happen, I would repair it at my expense. My objective is to find a buyer who intends to qualify for a loan to buy the house, not a “tenant”.(there is a big difference)! Damages are rarely a problem. Again, if it happens, I’ll fix it as per our written agreement.

When will you sell the house?

I can’t give you an exact time. It will be up to the tenant/buyer to make that decision within the time frame they have. I can tell you I don’t get paid until they buy, so obviously I’ll be pushing them to do so and quickly! In the mean-time, your payments will be made, which relieves you of the financial burden while we’re selling.

How do I know I can trust you?

I can understand your concern, you don’t know me from Adam. But we’ll meet face to face after you call. You’ll find I don’t make empty promises. I tell it like it is and I know the business. I can offer you references from bankers, attorneys, real estate brokers, and clients confirming that I do what I say. I believe we can create a solution that will work for both of us. If you’re not comfortable after we meet, we’ll shake hands and go our separate ways. Honestly, I view our business relationship as being more than just handling a business transaction. I want you to be confident, and able to sleep well every night without worrying about your home or your payments. In fact, I wouldn’t enter an agreement with anyone if I wasn’t confident in that person, and I wouldn’t expect any less from you. I’m willing to devote my time and resources to sell your house, but only if you’re comfortable with our arrangement.

How do I know you’ll make my mortgage payments?

I can pay you and let you forward it to the mortgage company yourself. Or, we can set up a third party escrow company to collect from me and pay it to you. I can even pay your lender directly. Whichever way works best and gives you the comfort level you need.

Why don’t I just list with a Realtor?

That’s certainly an option, but obviously a Realtor won’t make your payments for you while they’re attempting to sell your house. I’m willing to make your payment, sell your house, maintain the property all the while. I’ll give it my personal attention, and you can virtually forget about it until the closing agent sends you a check along with a closing package to sign for the sale to my buyer.

What if I just don’t want someone living in my house?

Then we can enter into an option agreement, however, many of the benefits available with a lease/option are not available with a straight option. Please read on for more information about a straight option.

Options
(without the right to sublease)

Perhaps the idea of someone else being in your house doesn’t sit well with you. You’re thinking . . .”I’ll be too far away, the house will get torn up, payments might not get paid . . . I’d really just prefer my house be sold and closed before someone else moves in.” I can understand that.

If the Lease Option Program doesn’t sound like what you want, then my Option Program may be better suited for you. With this program, there is no tenant in the house. The house won’t come off the market and there’s absolutely no risk to you at all. You continue to make the payments until I’ve secured either an all-cash deal which will pay off your existing loan, or gotten a buyer approved to assume your loan and release you from liability. It’s that easy, you stay in control the whole way. On this plan, I’m really only asking you if it’s okay if I become an additional person, out beating the bushes to find a qualified buyer for your house!

Here are some advantages to you as the seller under this Option Program:

  • No risk.
  • No expense.
  • All cash sale.
  • Credit protection.
  • No tenants
  • no collections.
  • You retain the right to sell or list with a Realtor.
  • You’re not taking the house off the market for me.
  • I will be constantly and very aggressively selling your house.

Now, here are the answers to a few common questions that come up concerning the Option Program:

Why should I let you tie my house?

You shouldn’t. I won’t take your house off the market or even out of your hands. All I need is a key to show it (assuming it’s vacant), and the right for me or my assigns to buy it. If you sell before I do, I’ll tear up our agreement and you owe me nothing! This will be in writing as part of our agreement from the start.

Why don’t I just list with a Realtor?

Perhaps you should. I’ll tell you what, give me 30 days to produce a contract from a buyer. If I haven’t done so by then, go ahead and list. Just be sure to exclude me or my assigns from the listing. That way, if you sell before your Realtor does, you won’t owe them a commission. If your Realtor sells before me, I’ll tear up our agreement and you’ll owe me nothing. You’ll have the best of both worlds. It boils down to, “which way do you win first?!”

How long do you need to option my house?

As long as you want me to keep trying to sell your house. Remember, I’m working with you to get your house sold, and I’m not taking it off the market during the process. You risk nothing while I’m on the case.

What if I decide I’d rather do the Lease Option, and have you make my payments?

No problem. At any point if you decide you’d rather work under my Lease Option Program instead, we can change to that immediately.



If one of these concepts appeal to you in trying to sell your property, please don’t hesitate to call us. We understand the pressures to sell a property but we also understand having someone to help you through the problem times is a huge relief.

Let us help solve your problem. We specialize in solutions! Give us the chance to prove it.

Call now at 407-484-9915 or fill out the Seller Form and we will contact you today.