A lease with an option to buy is just like it sounds. It is a lease agreement, rental agreement, or whatever you want where the tennant has the 'option' to buy the home after a designated period time.
Lease options in Utah include 'option money' - a nonrefundable payment put in a trust account that will be returned to the tennant if they buy the house or given to the seller if they don't exercise the option. They also include a security deposit that will be completely refunded if the house is purchased, or left to the sellers discretion if the option is not exercised.
A portion of the rent in lease options can also be applied towards the down payment if the option is excercised. If it isn't exercised, then the landlord just keeps that money as the normal rent.
HINT: Click house icons above for more information.
"Magnificent European Beauty is truly one of Utah's most incredible quality estates. Nearly 2 private acres with panoramic Mountain and Valley Views. Over-sized front entry door welcomes you to a suspended staircase and 2 story windows. Luxury gourmet kitchen with double ovens, Subzero refrigerators, dishwashers, Wolf oven and A Le Cornue Range. Oak Parquet floors flow throughout over-sized rooms. Large windows expose the view and light up open spaces and a 2-story custom fireplace. Main f"
"500K PRICE REDUCTION!!! WELCOME TO THE ESTATE AT DIMPLE DELL!! WINNER OF THE "PEOPLES CHOICE AWARD" IN 2013 SALT LAKE PARADE OF HOMES. THIS 4-ACRE ESTATE IS ONE OF THE MOST PRIVATE, WOODED, YET USABLE, PARCELS IN THE SALT LAKE VALLEY. FEEL LIKE YOUR LOST IN THE MOUNTAINS WHILE LIVING IN THE HEART OF SANDY. THE 8,000 FT HOME IS SITUATED WITH 360 DEGREE VIEWS OF THE DIMPLE DELL PRESERVE AND THE WASATCH MOUNTAINS. 2,000 SQ/FT OF DECKS ALLOWS YOU TO SEE THE EXPANSIVE CUSTOM LANDSCAPING INCLU"
"Rare, French Country Gem invites you through the private gated entry from Rylie Ann Cir. Elaborate 3. acre estate boasts your gourmet kitchen, grand theater/great room,den/office,formal living,mother in law apt,weight room & newly renovated main level master suite. Graciously entertain in your secluded pool w/135 ft waterslide,outdoor kitchen,gas firepit,tennis court or golf green all maintained with a 1.46 acre well. Meticulously maintained & continually updated, including the recent u"
"PRICE REDUCED BY $600,000.00. Incomparable traditional design, exquisite materials, incredible detail make this one of the most premiere prestigious Holladay in Roseland subdivision with 1.03 Acre Estate. This home has been totally renovated with exquisite design & quality, Thermador six gas burner with two ovens, as well as two dishwasher, and built in ice maker,built in subzero refrigerator and freezer with two cooper sinks. Main Floor is over 3100 sq. ft. of open space. Rows of French"
"Rare opportunity in one of Holladay's finest locations, park like lot, over 1 acre with delightful gazebo, pool, lawn areas & beautiful mature trees. Soaring 28' ceilings through most of the main level, very spacious rooms, lots of light and windows, spectacular 2 story fireplace in large family room adjacent to kitchen, wonderful custom kitchen cabinets and granite counter tops, elegant main floor master suite with fireplace and his & hers walk-in closets. 6 garages, large 2 car attac"
"SELLERS WILL LOOK AT ALL OFFERS!!! IDEAL FOR BUYER LEAVING A LARGE HOME - LUXURY, ENTERTAINING SPACE & CONVENIENCE * Gorgeous New York Style Penthouse * Spectacular West, East & North Views * Stunning Open Floor Plan & 17 Ft Window Walls * Deluxe Total Remodel * Two Double Garages - More parking than any other condo * Pool, Hot Tub, Sauna, Exercise * Seller Finance 20% down/ 6% interest * Buyer/Agent verify Sq Ft"
"Beautiful unique living in this contemporary home with steel post and beam construction. Lutron graphic multi-level lighting. All Viking appliances with separate pantry in this spacious gourmet kitchen and separate kitchen down. Perfect nanny quarters or separate office, with its own laundry area. Sport court with beautifully landscaped yard on .95 acres. Stunning entry with hardwood floors and majestic windows to capture the incredible views."
"European executive home with a wonderful layout*Large open foyer entry, and very open floor plan with 10 FT ceilings*Gourmet kitchen with granite counters and plenty of storage. Master bedroom suite with fireplace and bath is very spacious with custom built-ins throughout. Handcrafted staircase leads to lower level with a second kitchen. Secluded and private 1/2 acre with water feature and views. Fabulous Pepperwood gated community which has a common area with a pool and tennis courts. Buyer to "
"LENDER'S SALE!!!! 2 custom homes 13000 sqfeet with 12 oversize garages with additional room for RV and BOAT parking on 1.75 acres in Holladay for under 2 Million which the land alone is worth that much!!!! Custom home built 2007 in a small PUD in the heart of Holladay. Oversized great room with tall ceilings and plenty of light coming through 2 story windows. Large open gourmet kitchen and main floor master with fireplace is one of the highlights of this custom home. Walkout basement with 1"
"The Waterfall House is a work of art. Literally, it's an art project. It's an integrated and discreet space designed for a contemplative lifestyle conducive to creating and enjoying art. The axis of this live/work space is a 20-foot waterfall that fills the home and garden with the sound of falling water. Every effort has been made to combine the highest quality material with quality craftsmanship. It's a one-of-a-kind living experience."
"Professionally designed with the safety in mind the floor plan is not from any published plan books, for EZ living and entertainment with main floor master suit and large deck off of family room. Overlooking to great room from second floor and lower floor with two large bedrooms and two full baths and great area for party with dry bar with a second patio and walk out. Double deck six cars garages for your toys each floor is about 1000 SQ Ft main floor with 11 foot ceiling and lower with 8 foot c"
"The only new home for sale in Olympus Cove! One of a kind home specifically designed for this lot and situated to give an unobstructed postcard view of downtown Salt Lake City. Laminated windows throughout provide a quiet and comfortable interior. Modern ecosmart bioethanol fireplaces will not contribute to the inversion, 60" tv lift and TV included, TV lifts from window seat and hides to preserve the view. Fire sprinkler system, re-circulation pump, commercial insulated garage doors, Ko"
"Beautiful Arlington Hills Rambler with amazing city views* wonderful landscaping, mature trees, two tiered Trex deck*great entertaining home with open living, kitchen, dining space*master suite on the main level*walkout basement with family room and a bedroom suite*rare deep four car tandem garage."
"One of the most sought after streets in the area. Amazing views! Must See! Flexible options available including seller finance possibilities. Square footage is an estimate and was obtained from building plans. Buyer to verify all."
"Stunning luxury home nestled in the prestigious gated community of Pepperwood. Gorgeous views - and no backyard neighbors. Large patio with mountain views, a covered deck, and a 400SF sunroom w/ hot tub. Recently remodeled gourmet kitchen with double oven, convection microwave, built-in fridge. Master Suite has sitting room, jetted tub and steam shower. Hi-efficiency dual-fuel, heat pump furnaces with electronic filter and 2 whole house humidifiers. Basement has a full kitchen/mother-in-law"
"Incredible custom designed home on a private lane. Gourmet kitchen with stainless double ovens, gas range, large granite island with prep sink and opens into beautiful great room with a built-in entertainment center. Huge master suite with rock fireplace, giant walk in closet that has built-in shelving and drawers. Master bath is equipped with a glass block shower and separate jacuzzi tub. Separate office/den with french doors and shelving. Large rooms and custom wood work throughout entire hous"
"This Home in the heart of Holladay has been fully remodeled to it's prime! All new electrical with Cad 5 and your home theater in mind. All new plumbing, fixtures, solid core doors, appliances, LED lighting, fencing, paint, carpet,tile, and gleaming Hardwoods. Loaded with Class "5" granite and travertine tile. The exceptional finish work is highlighted in the brand new kitchen. The master suite lives up to it's name with a walk-in-closet, separate jetted tub & shower, and huge double"
"Lovely spacious home in the heart of Holladay, located near new Village Center, schools, freeway access and parks. Move-in ready and very clean. Updated kitchen with professional stainless steel Kitchen-Aid appliances, Ceasarstone quartz counter-tops, custom cherry wood cabinets and new hardware. Huge master suite with walk-closet and a balcony. The new master bathroom features an air jet tub, steam shower, heated floor, new vanity, Ceasarstone quartz counter top and designer tile. Many recent u"
"Large, light filled, luxurious accommodations in the popular Eagle Springs East Condominiums. This 2 bedroom property includes an additional sleeping den which is larger than some bedrooms.Three bathrooms allow it to function as a three bedroom condominium, yet it is priced well below other three bedroom styles in the Village. It is also one of the largest floor plans available in the Solitude Resort Village lodges.Eagle Springs East is the home of Club Solitude with its heated swimming pool, tw"
"WOW This is a ton of home for the $$. Price reduced $20 K. was the model for the Wonderful Willow Stream neighborhood off of Creek Road Elegant design features soaring vaults, two story great room, sunshine spilling from high dramatic windows. Every bedroom is over sized and laundry is upstairs. Basement finish is professional, needing carpet, choose now or take the allowance. Beautiful walk out from basement with second patio, sitting area. Side load over sized three car garage. Easy t"
"PRICE REDUCED!! TRAILHEAD LOCATION, DEAD END STREET, FULL VALLEY VIEW, OPEN FLOOR PLAN, MOVE IN READY, LOW MAINTENANCE SCENARIO, BUILT IN SOUND SYSTEM, CULLIGAN WATER SYSTEM, POOL TABLE STAYS. EZ TO SHOW."
"LOCATION! LOCATION! LOCATION! ***$5000 buyer credit with full price offer!*** Fabulous Cottonwood Heights rambler has never been listed on the MLS. Home has been updated with fabulous $80k kitchen remodel in 2007. This home includes new windows & shutters, 50 year roof, high efficiency AC & furnace, extensive insulation and extra wide eaves making the house highly energy efficient. Fully private backyard with lovely covered deck, fire pit, hot tub, climbing wall and clubhouse deck for ki"
"HUGE PRICE REDUCTION!!! Charming 2-story at the base of the Harvard/Yale neighborhood. Freshly painted exterior, newer roof, updated bathrooms, Great master bath with marble tile and walk in shower, leaded glass windows, amazing trex deck for entertaining, mother in law apartment option with full kitchen as well. Huge 2 car garage with large pad to fit another 2 cars, updated landscaping and vegetable garden and a great shed for all the tools. Amazing home in an amazing neighborhood, come se"
"$25,000. Price Reduction. Beautiful updated unit on the 25th floor. Outstanding views from every window. All updated plumbing and electrical - Expensive Lighting - Maple floors - Lapidus Granite Counter Tops - Hammered Copper Sink - Raised Kitchen Ceiling - Tinted Windows - Office - A must see for the discerning individual that can recognize quality workmanship and value. HOA includes - Heat/AC - Cable - 24 Hour Security - Underground Parking - Indoor Pool and Sauna - Fitness Room - Racquet "
"Beautiful Home Located in an Amazing Location! Rare Historic District home near the University of Utah and Downtown Salt Lake! Remodeled Kitchen, bathrooms, central air, gorgeous layout, and perfect location for easy access to the University and Downtown! Owner Agent!"
"Downtown Living At It's Best! Shopping, Dining, ESA, Theater, Symphony, Opera all in walking distance or short ride on free Trax. Enjoy the energy city life while living in refurbished warehouse, concrete floors, expose brick. Pet friendly, geo-thermal heat/cool, secure parking and building. Spacious private patio."
"Awesome East Side Remodel! If you are looking for another generic, boring track home remodel, then keep looking. This home has been rebuilt with an open floor plan and high style and quality through out. All new interior plumbing and electrical to 2013 code! Entire main floor has original, refinished oak floors. Brand new master full bath, new chef's kitchen with stainless appliances (gas range,fridge and dishwasher) and huge carrara marble island, subway tile back splash. Fully legal bedrooms i"
"Property is currently used as a 2plex. With relative ease this property could be turned back into a single family residence. Highest and best use for this property is most likely converting back to a gorgeous single family home. Loads of charm and unbeatable area. Updated 2plex in highly desirable Avenues area. Perfect for owner occupant, investment property or turn back into single family home. Property has been well maintained. Updates include: newer roof, HVAC, windows, central AC and other"
"Price Reduction - Beautiful condo tastefully updated throughout, with new maple kitchen cabinets, granite countertops, and red oak wide plank hardwood flooring. Well-lighted condo with wall-to-wall windows facing south. Two large bedrooms with separate office/den and entry way. Large closets galore. HOA includes - Heat/AC - Cable - 24 Hour Security - Underground Parking - Indoor Pool and Sauna - Fitness Room - Racquet Ball Court - Billiards Room - Roof BBQ and Hot Tub . Seller will consider "
"***Huge Price REDUCTION***Lovely updated home in a Great Sandy area, Great condtion, feels like home, Newer paint, newer hardwood floors, Wonderfull updated Kitchen with S.S. appliances...lots of cabinet space & counter top ( Newer counter tops) & Bathrooms been updated in past a few years. Good size kitchen open to dinning & Nice Deck with beautifull Mountain view & a few steps dowm to Cozy familly room. Nice sizes bedrooms, finish basement. Easy access to everywhere..Ski resor"
"Heart of Holladay this executive rambler is beautifully finished and ready for your enjoyment.Private and secluded backyard. Inside exterior walls were framed and insulated during remodel. New bathroom with large slab marble flooring. Beautiful newly refinished hardwood flooring. Elegant wood casement windows. Wood molding and trim. Rich wood interior doors. Kitchen Features Granite countertops & Stainless Steel Appliances. New central air."
"Great floor plan with central living room. Large great room in fully finished basement. Large yard can be fenced. Side patio is great for neighborhood bbq's. Great access to Daybreak Pkwy, 118th S. and Mtn Vw Corr."
"!!PRICE REDUCED!! VAULTS! VIEWS! VERY IMPRESSIVE! HUGE 5 BEDROOMS 2 FULL AND 1/2 BATHROOMS! GRANITE, STAINLESS, HARDWOODS, NEWER CARPET AND IMPORTED 18" TILE! BEAUTIFUL MOUNTAIN AND VALLEY VIEWS! HUGE FINISHED WALKOUT BASEMENT WITH ROUGH IN PLUMBING FOR BATHROOM OR WET BAR. WALK RIGHT OUT TO THE BONNEVILLE SHORELINE TRAILS! SELLER FINANCING AVAILABLE!!"
"PRICE REDUCED! Fully furnished and newly remodeled 4 bdrms, 3bth, fireplace insert. This friendly Sandy neighborhood rambler home has a gorgeous view of Lone Peak and is perfectly situated at the Cottonwood Heights/Sandy crossway. There are updated windows, doors, granite kitchen countertops, stainless steel appliances, new carpet, fresh paint, ceiling fans and rich bamboo flooring. The .24 acre lot features a brick wall enclosure and huge covered patio for upcoming Utah summer sunsets. The"
"In SugarHouse!Only 5 miles to the "U" or downtown! Carefree stand alone 2 story in a small PUD. No yard work!On a bus line. SugarHouse Trolley 1/2 mile N. Huge master up with full bath, jetted tub & walk-in closet, +2 more bedrooms, full bath & laundry room on top floor. Hardwood floors in the kitchen. Appliances included. Daylight basement offers a 4th bedroom, full bath & family room with gas fireplace. Large 2 car garage.Friendly neighbors, guest parking. EZ to see. Owners"
"JUST REDUCED!!! New decor and paint! Absolutely perfect for enjoying the indoors and out! Low maintenance east facing backyard with large deck, mountain views with trail access. Two family rooms, cozy fireplace, nice dining space and an open floor plan with city views to enjoy rain or shine."
"Picture perfect and you have this cozy Heather Victorian Ivory Home Active Adult community home on Cascabel in Daybreak. High end finishings, gorgeous view of lake and mountains, maintenance free living in a lovely community complete with pool, hot tub, community center and a life full of leisure. Call today for a showing!"
"Beautifully update home that could be perfect for a home based business or convert to full business office space. Huge backyard that could be converted to parking or whatever. Great access to I-15, I-215 and trax stations. Perfect investment property. Great rental! Currently rented. Current lease in place is through July 2015. DO NOT DISTURB TENANTS. Call for appt!"
"Stop the Car.....This Fine starter home on a nearly 1/2 acre lot nestled in the middle of a Sandy neighborhood is a great catch for the first time home buyer. New furnace in the last 3 yrs. Circle drive, secluded in the summer, great view of the valley in the winter both of the Wasatch and the great Salt Lake. 24 hr notice requested on all showings. Square footage figures are provided as a courtesy estimate only and were obtained from tax records . Buyer is advised to obtain an independent m"
"SALE FAILED due to financing. FHA appraisal came in great at $206,000. WE NEED AN OFFER. PRICE REDUCED!!! Beautiful end unit townhome with two car garage. Great layout with spacious 2,474 square feet. Large master bedroom with master bath, solid surface countertops, upgraded carpet, tile floors, alder cabinets, and gas log fireplace. French door refrigerator and high efficiency washer/dryer included. Laundry is conveniently located upstairs by bedrooms. Priced aggressive. This is a must see."
"REDUCED! Beautiful Remodel! New Two-Tone Paint, New Floor Coverings & Lighting. Great Location close to Shopping, Restaurants and Schools. Newer Furnace and $1100 plus in sprinkling system upgrades, Vaulted Ceilings, Skylight & More! See Agent Remarks for Seller Finance Info."
"Nice home, recently remodeled with new kitchen, granite counter tops, maple cabinets, newer appliances, bathrooms updated, lovely fireplace, backyard is adjacent to a wonderful park. Convenient location, close to schools and shopping. Easy to show. Come See!"
"New gutters, soffit and fascia just installed. Nice rambler in quiet area. Main floor has original hardwood floors. New paint and carpet. Ready to move in. Make this home yours! Buyer to verify all info."
"This Beautifull townhouse in fantastic CottonWood Heighs area is available to Lease, Lease option, Seller finnancing or Contract on dead as well. Near Ski resorts, very easy access to Freeways & major roads, shopping, church, school, bus stop & in Great condition with lots of updates , Neutrall colors, 2 big bedrooms, great kitchen with newer appliances & much more. Easy to show & thank you for your interest."
"Many possibilities can be found in this 4 bed 2 bath split-level on a large fenced lot. This home is perfect for the buyer who is looking to move into a home, build equity and turn it into their own work of art with a few weekend projects. Imagine a home with a fenced yard, fire-pit, entertaining space, room for building that dream garage or a play-set outback. You can begin creating that reality right here, this one needs some TLC but is a great value on quiet street."
"PRICE REDUCED! This townhome will go fast at this price! Call for a showing today! LEASE OPTION OPPORTUNITY, CONTACT AGENT FOR DETAILS! PRICE REDUCTION!! GREAT PRICE FOR READY TO MOVE IN TOWNHOME! Incredible location in the heart of South Jordan! Great open floor plan - town home style. Near Glenmoor Golf Course. 3 Bed/3 Bath! Great new price!"
"Reduced! Super clean, light, bright! Conveniently located close to all amenities, you will love the location. Updates include; new paint, new light fixtures, new faucets, and bathroom remodel. Newly cleaned carpets and super easy to show."
"***JUST REDUCED*** The one you have been looking for! Don't settle for a condo with neighbors on top of you. Come see this updated home with new flooring, updated kitchen, functional layout, fence back patio area and good sized bedrooms. Possible Grant money available as well!"
"Seller Financing Available!! Beautiful Condo that is close to shopping, the Airport, and Downtown. Balcony off Living Room and Huge Walk-in closet in Master Bedroom, Two Full Baths, Includes the Washer and Dryer! HOA includes Water, Sewer, Garbage, Snow Removal, Yard Care, Pool/Clubhouse, Fitness Center and Basic Cable (Comcast)"
"Great income property! Cannot be Owner Occupied, must be rented. Good long term Tenant paying $933 per month & tenant also pays electric and gas. Turn key no hassle operation, as the HOA does exterior maintenance, snow removal, building insurance, trash, water, and sewer."
"2 bedroom condo in Murray. Alarm system, new appliances, light fixtures, blinds, new Pella windows. These bedrooms are a very good size, master is big enough to fit a king size bed with room for furniture & room to walk around. Come see it before it's sold! All info to be verified buy buyer. HOA IS WORKING ON BALCONIES ON ALL UNITS. DON'T GO OUT ON BALCONY UNTIL FURTHER NOTICE."
"Investors- need some cash flow with low risk and low maintenance? Property is now rented to a new tenant from May 2014 through April 2015 for $800 month to an active US Army Serviceman. Low expenses make this a 7.11% cap. Tenants usually stay for 2+ years. No showings, make offer subject to inspection. Almost everything has been replaced with new components over the last 6 years. Brand new Pella windows and patio door. 2" faux wood blinds. All nickel/chrome door hardware and lighting."
"Sale failed short sale almost approved. Should have approval within a week of offer. Private condo on Back of complex and building. Darling style, new carpet, paint, stove & refrigerator. New Doors. New Water Heater. No pets allowed. Owner will consider rent."
"Apply for a loan with the current lien holder. This super nice home doesn't need a thing it's ready to move in. This open floor plan offers a pantry in kitchen, laundry off the kitchen (gas/elec dryer hookups), central air, gas oven has never been used, large master bath, 3 year old refrigerator included, newer automatic sprinklers, covered 2 car carport and covered deck. Newer washer & Dryer are negotiable. Very quiet park with heated pool, playground and clubhouse. Please see agent remar"