Home About Mission / Vision Contact Buyer Seller Investor       Seller How It Works   Seller Benefits   Seller Articles   Seller FAQ   Seller Benefits Types of Problems Solved • More Buyers than Sellers • Strong Buyer Demand • Independent of Home Market Sale • Satisfies Mortgage/Expense costs & Maintenance Types of People Involved • Motivated Seller who has had little Buyer Interest Obligations • Seller Obligated to Sell Who is on Title/Deed? • Seller Sales Price • Seller sells Property at Market Price Term • Flexible at Seller's Discretion Down Payment • Seller receives Non-Refundable Option Fee • Option $$ Not Taxable till Option is exercised or expires • Flexible at Seller's Discretion Monthly Payments • Seller receives Market Rent or better Equity Build • Seller credits Lessor/Buyer part of Monthly Payment towards Equity in Property Who Pays RE Taxes? • Taxes are included in Lessor's payments • Seller gets full credit for Real Estate taxes Tax Gain • Deferred Tax Gain Till Lessor buys out Option Tax Incentives • Property is treated as a Rental vs Personal Residence • Seller gets full credit for Tax Deductions/Deprec Responsible for Insurance • Seller gets simple Fire Policy Responsible for Maintenance • Seller NOT Responsible for Property Management (No Expenses for Maintenance)     What is a lease-to-purchase contract? A lease purchase goes by many names such as "rent to own" and "lease with an option to purchase." The definition is: A Lease Purchase is a Rental (or Lease) and a Purchase Agreement combined (and sometimes split) with the ability or right to purchase or control specific terms of an agreement while the real estate is being rented.   Chattels Real, LLC © 2011