Thursday, September 24, 2009

Why People Are Opting to Go the Lease Purchase Route

(My Original Blog Post: http://ping.fm/OebCq)
It is an incontestable fact that more and more players in the real estate market - property owners and potential buyers alike - are opting to go the lease purchase route, rather than the traditional 'outright purchase' route, in their real estate transactions. But just what could be behind this interesting trend? Well, the main factor behind the increasing number of property market players opting to go the lease purchase route is simply that the property market is currently going through one of the roughest stretches it has ever gone through in recent years - and given that the lease option has always served well as 'survival tool' during the previous (albeit milder) rough stretches in the property market, it is understandable that people would seek refuge in it even in this bigger storm.

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