Huntington Beach Lease Option Homes

Posted by Sam Smith on Thursday, June 15th, 2017 at 2:44pm.

Huntington Beach offers a wide range of housing opportunities from residential homes, condos, townhouses and even manufactured homes.  Our office gets a lot of calls from renters who have the ability to buy but would like to test out the market first before making the big purchase.  They often ask about properties that are available for lease that can be purchased down the line.  This is typically called a lease option where the renter has the ability to purchase the home at a later date.  Here is a brief explanation on how this works.

First, you find a rental home in Huntington Beach where the owners are open to selling the property as well.  A lot of times owners will have their property up for sale and for rent at the same time and take whatever comes first.  For those who do have their home on the market there will be the traditional list asking price.  This will be the basis price going forward when negotiating the lease option.  For example, if the home you are thinking about buying is listed for $500,000 and also for rent at $5,000 a month.  You would typically offer to pay a rent of a slightly higher amount, say around $7,000 a month but have $3,500 of this amount go towards the down payment when you exercise the right to buy the home.  Let's say you bought the home after leasing it for 12 months you would have $42,000 going towards the down payment of the home.

Lease options sometimes also have a non-refundable fee that is paid for the seller to allow the consideration of a lease purchase.  This can be any amount from $1,000 to $100,000.  Basically this is a negotiated amount when some deals have no non-refundable fee's association with the transaction.  That's why it's important to have a license professional handle the transaction to help you get the best available price and terms.  There are several homes for sale in Huntington Beach that are also listed for rent.  These are perfect opportunities to find a seller that will consider doing a lease option.  We have gathered a current list of available rental homes that may be open to selling as well.  Please contact us at 949-482-1313 to learn more about this process.

Boardwalk Huntington Beach Community

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Huntington Beach 16132 Santa Barbara Lane

Unique Custom Built situated in a quite interior street, this massive living space is 5495 Sq Ft with 5 bedrooms and 6 1/2 baths , The home has state of the art security system as well as the lighting systems, the home has tons of custom wood work ,the baseboard, the crow molding, the doors, all bedroom closet, all window sills and the massive master suite closet organizer with an island, secluded master suite with a private office. formal living room and formal dinning room, one bedroom wit...$9,950

$9,950
5 Beds
7 Baths
5,495 SqFt
93 Days On Market

Huntington Beach 16795 Bolero Lane

With chic mid-century modern architecture, showcasing extra high ceilings, exposed beams and panoramic windows overlooking the main channel on Davenport Island, discover this spacious waterfront home. The over 3800 SF property boasts an extra-large private dock featuring the capacity to accommodate a 60’ boat. This 4 bedroom house affords stunning views of the water with quick access to the ocean for the avid boater or fisherman. Sit on the large deck outside and savor the sunset, or hop on y...$8,500

$8,500
4 Beds
4 Baths
3,888 SqFt
90 Days On Market

Huntington Beach 16754 Pacific Coast A

Newer built townhouse three stories high with fantastic ocean views. Three Bedrooms with 3 bathrooms. Water views from all 3 bedrooms. High ceilings in the living room. Triple pane windows. Gourmet open kitchen with granite counter tops, stainless appliances. Roof deck area with fireplace and BBQ and panoramic ocean, channel and Palos Verdes Peninsula views. Catalina views are amazing. 2 car Garage. Security gate with intercom. Charming Sunset Beach community. Steps to Beach, kayak, SUP and b...$2,980

$2,980
3 Beds
3 Baths
1,200 SqFt
111 Days On Market

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