The Lease Option:
Buyer pays the seller option money for the right to later purchase the property.
Buyer and Seller may agree to a purchase price now or the buyer may agree to pay market value at the time the option is exercised. It is negotiable. However, most buyers want to lock in the future purchase price upon inception of the option.
The term of the option agreement is negotiable, but the common length is generally from one year to five years.
Option money is rarely refundable.
No body else can buy the property during the option period.
The Benefits of the Lease Option:
* You can sell the house at a higher price than you could sell it in a normal transaction.
* You can sell the house during a slow market.
* You are able to collect a larger monthly payment than you could obtain in a normal lease,
* You can get some up-front option money and if for whatever reason the buyer cannot exercise the option, you get to keep the property.
The Benefits of the LEASE OPTION CALCULATOR
* The LEASE OPTION CALCULATOR will be an invaluable tool to maximize profits
* Simply enter a few figures and the Lease Option Calculator will instantly tell you if any deal is profitable.
The "numbers crunching" on lease option deals is a nightmare. But now, simply plug in a few numbers: price, holding period, monthly payment, rent credits, and more. The LEASE OPTION CALCULATOR will tell you what you will make (or lose) for any holding period.
The Idea of the Lease Option Calculator
Hi I just wanted to tell you how I came up with the Lease Option Calculator. After Spending a outstanding 3 Day weekend at A Rich Dad Poor Dad Seminar. ( which is well worth the time ) We were going though the process of calculating Lease Options. Which can be very time consuming and a numbers crunching nightmare.
I thought to my self there's got to be a better way. That's when I came up with the Lease Option Calculator. I set it up where you just enter the cost of the property, down payment , Lease payment , loan payment , and lease option compensation. Once you plug in those numbers I set up the calculator to compound the interest over a 1 , 3 or 5 year period at 4,5,6,7,8,9,10 % interest rate. Then the Lease Option Calculator will calculate your accrued Profit. Total dollar amount of lease payments . How much lease profit ( or loss ) Lease and down payment that will be applied to lease option compensation (due to leasee) The amount the lessee will have to finance at the end of the lease option. And finally the amount of profit you will make on the Lease Option. ( or what you might lose)
Now that I spelled out exactly what my Lease Option calculator can do for you.You can really see how lease option are a number crunching nightmare.With the Lease Option Calculator all you have to do is type in 5 simple numbers . And you got all the figures right in front of you. And you will know instantly if it is a good deal or a bad deal. I hope you find the Lease Option Calculator as useful and as productive as I have.
