Lease Purchase

We are in need of cash lots of it.

We might have to sell our residence but don’t want to just sell it straigh out — wanted to do something that would perhaps give us a small chance of getting it back.

Somebody mentioned a lease purchase, however, we don’t know anything about this — could someone help us out. Any suggestions would be greatly appreciated.

The house is 20 minutes from Washington, DC, in a very nice area in Alexandria, VA . It was appraised about 12 months ago at $515,000. We beleive it would bring more now.


there is a chance you will get it back on a lease purchase. I find that 50% buy in that price range. It goes down the higher the home is priced.
But if you need cash now…selling it outright is the fastest way. I believe you still have a hot market there.