Real Estate Q & A

I would like to do a lease on a property with the option to buy?  Can I do this?

For as long as I’ve been doing real estate in Houston I have never come across a seller who wants to do do an option to buy.  It is in favor of a buyer, therefore it’s not prudent for a seller to entertain this.  It may be conducted in other parts of the country but Houston it is not. We don’t support contracts here for that. If anything, you would have to find a home that cannot sell and you might strike up a deal but in Houston the market is not in that condition.  Very low inventory and homes that are desired sell.  For that reason I cannot help you with that type of deal.