The Lease Option King Explains How Lease Options make Homeownership a Reality in Atlanta, GA

Jan. 10, 2009 - PRLog -- Atlanta, GA – The real estate market is constantly shifting; therefore, real estate professionals must be open to changes, constantly learning new techniques.  Due to the condition of today’s real estate market, homes are not only more difficult to sell; they’re also harder to buy.  

Kevin Harbor, an Atlanta area lease purchase coordinator, was recently interviewed and he explained, “Mortgage guidelines are tightening as real estate values are declining; therefore, even people with great credit are finding it more difficult to finance the purchase of a home.  It’s nearly impossible for those with less than perfect credit to get a mortgage.”

Kevin explained how a lease purchase (rent to own) works while his clients rebuild their credit.  Kevin said, “A lease purchase allows people the time to restore their credit and build a good payment history while making payments on the home they wish to purchase.  The payments are a combination of rent and option payments which can be applied to the purchase price of the home.”

When asked how this process works, Kevin explained, “A lease purchase or lease option gives the client the exclusive right to lock in a purchase price today, and then complete the purchase during a time period of typically 12 -36 months.  A lease option is a unilateral contract which means that the seller is legally bound to sell the home to the lease purchaser, but the buyer can change their mind.  They are not obligated to complete the purchase; however, they must follow the terms of the lease and make timely payments.”

Lease options are a great benefit to both buyers and sellers in Atlanta’s troubled real estate market.  The Lease Option King is increasing their inventory and adding new opportunities to own a home during 2009.

About The Company

RPP Management, LLC is a real estate marketing firm, specializing in assisting private home sellers and new home builders find buyers who want to lease while buying their new home through lease purchase buying.

The company markets lease purchase homes to a national audience through its website http://www.TheLeaseOptionKing.com which receives between 200-300 visitors per day from all over the United States.

RPP management’s lease purchase coordinator, Kevin, can be reached directly at: (678) 760-0878.

This press release was submitted by Right Now Marketing Group, LLC

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