Contact Information
Reginald A. Harris ERA Priority One 10110 Montwood Dr.Ste. D El Paso, TX, 79925
Office: (915) 592-0234 Cell: (915) 252-4882 Fax: (915) 594-6973
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What is a lease option?
When a renter signs a lease with an option to purchase a El Paso, TX property for a specific price within a certain time frame, that is called a lease option. In most lease-option situations, a portion of the rent is applied to a future down payment.
Lease options are most popular among buyers who don't have enough funds for a down payment and closing costs.
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Last Updated ( Tuesday, 29 July 2008 )
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