103 Crestview Dr, Canyon Lake, Tx 78133
817-456-8268
(Home)

Lease/Purchase Options

Lease/purchase agreement will be implemented by Attorney.
Attorney cost and closing costs to be split equally between buyer and seller.

  1. Property Appraised for $160,000 in 2013. Seller offering 5% of that amount ($8,000) to be used as part of down payment when purchase goes for funding. 
  2. Part of cost reduction is offered to cover roof age of 13 years.  Seller Not responsible for roof replacement as it is considered to be in fair condition per recent inspection
  3. At any time if any of the below causes exceed the deposit amount no portion of deposit, or savings plan, will be returned. 
  • Buyer defaults on lease payment over 30 days.
  • Unrepaired damage to property inside or out.
  • Maintenance requirements not implemented, inside or out, within 30 days of notice of seller or HOA.
  • Up-keep to property not implemented within 30 days of notice by seller or HOA.
  1. Failure to fund a loan within three years We offer the following options for purchase savings.
  • Lease $1,100/mo. $3,000 option.  $100/mo. will go toward purchase down payment, sum total to be rendered at closing
  • Lease $1,000/mo. $5,000 option.  $100/mo. will go toward purchase down payment, sum total to be rendered at closing
  • Lease $900/mo. $8,000 option.  $100/mo. will go toward purchase down payment, sum total to be rendered at closing
  1. The monthly savings and option money will not be returned in any amount if the property is not funded by loan within three years.