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    kimber1971's Avatar
    kimber1971 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    May 12, 2009, 12:08 PM
    How do you get out of lease option to buy?
    Hello, I was wondering how I could get out of a lease option to buy? Without having to stay for the remainder of the lease.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #2

    May 12, 2009, 12:25 PM

    Negotiation with the landlord or else you are in breach.
    this8384's Avatar
    this8384 Posts: 4,564, Reputation: 485
    Ultra Member
    		  
    #3

    May 12, 2009, 12:44 PM

    How does someone go from "lease option to buy" to "house is in foreclosure"??
    ForeclosureHelp's Avatar
    ForeclosureHelp Posts: 16, Reputation: -1
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    #4

    Jun 8, 2009, 04:37 PM

    If you don't want to go forward with the lease option - the only thing you will lose is your down payment?

    We work with other organizations that offer the same service... the owner is helping you to buy the house & if you change your mind then it should not be their fault you do not want the house anymore or you are not able to qualify for the mortgage.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #5

    Jun 8, 2009, 04:41 PM

    You need to read your contract. The contract will specify your options for early termination or default.
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