Need Attorney: Lease Option To Buy – Rent To Own?

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Hello,
We are doing a Lease Option To Buy on a Rental and looking for a Good California Real Estate Attorney to review and assist with the Contract. However, we need to confirm in our search what type of Law-Attorney this would be or is considered in California. Would this be a Real Estate Attorney? What type of Lawyer would we need to review a Rental for Lease Option to Buy???

Thanks in advance.
I want someone to "CONFIRM" what type of Attorney this would be. Thanks.


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Posted in: Lease With Option To Buy Comments(1) July 2010


What is the difference between a Land Contract and a Lease Options agreement?

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My cousin is a Real Estate Investor and he is trying to help a family sell there home. They told him that they do not want to do a Land Contract, because they are afraid they won’t qualify for a mortgage? Is there anyway for them to get around this? Also, he said when he spoke to them on the phone, He mentioned a lease option, not a Land Contract. How could he explain the difference? What do you think would be the better option, a lease option or a land contract? Why do you feel that way?


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Posted in: Lease Option Agreement Comments(1) July 2010


Lease Option to Buy a Home Deposit in CA, Is this deposited into an escrow account?

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I am trying to fin out if in the state of CA, does the owner of a property who is offering a lease option to buy get to pocket the initial option to buy deposit or does it have to go into an escrow account until the sale of the house? Same thing with any additional amount above the rent, does this get deposited into an escrow account as well?


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Posted in: Lease With Option To Buy Comments(5) May 2010