Some times even if you are needing to spend a lot of money on a purchase you may still need expert advice. However when you are in the market to spend hundreds and thousands of dollars on a item you will definitely need either a lawyer or a Realtor that will be their to protect your best interests.
Having a Real Estate agent their to protect you when you are buying a home is important for you. The realtor will be able to tell you and inform you on matters that may be an immediately and the ones that may be needing special attention to a couple of years down the road. Some realtors may only do listing and some may only due purchase and at times you can find a realtor that does both. For the most part it can be quite challenging to find a realtor that will do rentals unless they are a leasing agent. Most leasing agents work for a large apartment units and typically do not tend to lease agreements that involves a purchase.
Because of this reason, trying to find an agent that can handle a rent to own transaction can be quite difficult. most realtors work on commission only and the frown upon the people that want free services. The good thing about this site is the fact that you can actually get the best of both worlds. You can shop for a home with or without a realtor and if you may come across a home that you like you can feel free to have a realtor review the lease option to buy agreement in that matter.
The lease option to purchase contract simply states that you are able to purchase this property by this date and price. The sooner you purchase the property the better you can start placing even more money towards the payoff of the principal.
Most buyers and sellers will have an agent their to answer questions concerning details of the transaction, however many people get confused about the realtor that is there working for both parties. Usually do to being naive you can be come sidetracked and locked into a contract that only benefits the opposite party.
We have seen this happen all too many times and would like to offer our support to make sure you never have to go down that road that only leads to a nightmare scenario.