She paid a non-refundable upfront fee of $2,500 [1, 2]. This locked in her exclusive right to buy the home later [1, 2].
💡 Lease-option agreements can be a win-win, but they require clear written contracts detailing the purchase price, deadlines, and maintenance responsibilities to protect both parties [1, 2]. mobile home lease with option to buy
Sarah agreed to rent the home for 3 years at $900 per month [1]. She paid a non-refundable upfront fee of $2,500 [1, 2]
Sarah treated the home as her own from day one. She painted the walls, planted a garden, and kept the property in pristine condition. Because she was responsible for minor maintenance under their agreement, she learned how to do basic repairs herself. Meanwhile, she worked hard to pay off her old credit card debts and build up her credit score. 🎉 The Conclusion Sarah agreed to rent the home for 3