Option Agreements

 

OPTION AGREEMENTS - PROPERTY ADVICE BLOG - An Alternative To Selling

Make money from property without owning it! - There is more to the housing market than mortgages, loans, interest rates and bad tenants. If you’d like to explore other avenues which allow you to make a profit from property, then read the following property advice and option agreements page below. Even if you have very little money to play with, option agreements are still a viable way of controlling multi-million pound properties with less risk than normal property investment.

As a system for buying properties using a lease option, option agreements have been commonly used in North America and Australia for the last 3 decades. However, although the UK is more sceptical of this technique, PROPERTY ADVICE BLOG is happy to summarise the benefits of option agreements and how they could be a viable system for you.

Simple and hugely successful, here are the main advantages of using option agreements:

• You don’t have to apply for a mortgage
• There is no need for a property valuation
• The price agreed at close can meet the property’s complete market value.
• You have the choice of making a positive cash flow rental or a non- refundable ‘option fee’ straight away.
• You are not obliged to complete the deal and own the property.

Next >