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 non-refundable 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.
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3225 S REGENCY PARK DR Unit 255, West Valley City UT 84119
"Beautiful Home, Great Neighbors, in a great location, easy access to all Freeways, Mall shopping Centers, Location Near Schools. Community Park. Bedrooms are Large, all appliances, refrigerator, washer dryer, stove and range hood stay. Sq footage fig are provided as a courtesy estimate only, Buyer is advised to obtain an independent measurement. Seller Financing Available."
"$5,000 FLOOR COVERING ALLOWANCE! Gated Leisure Living. Quiet neighborhood in the heart of So. Jordan near restaurants, shopping, Public Rec Ctr., Instacares & Senior Ctr. Private park with covered pavilion, picnic tables & BBQ for entertaining. HOA maintains yard & shovels snow. Luxury main level living with upgrades galore. 5 bedrooms, 3 full baths, granite counter tops, stainless steel appliances, gas range, Great Room with custom seating bar & gas fireplace, walk-in closets, cold storage with shelving, & Master Bathroom with double vanity, garden tub & separate glass enclosed shower. CAREGIVER APARTMENT, complete with full kitchen, multipurpose room-den, gas fireplace, master bdrm, full bath and laundry room. Washer & Dryer included. "
"Reduced price Hurry need to sell quick Beautiful Two Story, Truly one of a Kind home on GORGEOUS BIG LOT, Huge Veggie garden, beautiful flowers,,trees,bushes to die for.Covered RV. parking,a 400 Sq Ft Workshop. Potential opportunity to split off additional lot. Water well that waters your entire garden.1 big built in shed & 2 additionals.Art Room with small fireplace & sink, huge walk in closets. beautiful view to the mountains.New laminate floors.Second floor is one huge room with large windows,charming balcony & Deck.Huge family Kitchen,New Granite Counter Top, New triple & small sink in Kitchen,New Refrigerator,New Microwave & Cooktop all under Warranty.Double ovens in kitchen. Real laundry room with sewing table & folding counters. Tons of storage including cold room Playhouse. It comes with a kids cabin,swingset and hole for an inground trampoline. Volley ball court. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain and independent measurement. For Seller finance details contact Agent. Property will sell AS IS"
"Beautiful home in a great HOA community with pool, Hot Tub, Clubhouse, Playground, basketball court, and tennis courts. Right next to Providence Hall Charter Schools. The home was recently painted inside. Square footage as per appraisal."
"Reduced for quick sell HORSE PROPERTY Direct access to Juan Diego Campus from rear gate. Seller Finance. Gardeners Delight Large lot 10ft ceilings w14ft vaults 6bdrm 5 bath Lg Kit dual sinks/workstations, 2nd Kit up studio Apt. 2 bsmnt walk outs. Square footage figures are provided as a courtesy estimate only and were obtained from Appraisal. Buyer is advised to obtain an independent measurement."
"Large view lot with privacy. A newly remodeled solar home with open concept space & large vaulted windows overlooking the valley. Granite counters, custom cabinets, hardwood & travertine stone, 820 sq ft on 3 decks. A steam room, exquisite Spanish tub, 3 customs fireplaces and a large studio/office looking over gardens & koi pond surrounded with trees for privacy. Old world charm, an aviary, greenhouse, & 900 sq.ft. kennel are just some of the unique offerings of this must see property. All 5 minutes from the U of U, 10 from city center, and 15 from Park city resorts. Sq ftg as per appraisal. (Please no phone calls before 9 a.m.)"
"MAJOR PRICE REDUCTION. European-style estate features classic architecture, the highest level of craftsmanship throughout, designer features, plus spectacular gardens and landscaping on a picturesque, one acre lot. Located in an upscale cul-de-sac, this home is surrounded with recreational options that make the South Jordan lifestyle so appealing including an Equestrian Center, the Jordan River Parkway, golf courses, parks, and shopping. The soaring two-story great room opens onto an open-air patio plus covered patio areas for year-round enjoyment and indoor/outdoor living. The spacious, open floor plan is perfect for gatherings of all kinds with a modern kitchen, breakfast nook, formal dining room, large family room, loft area, theatre room, darling kid's playroom, craft room and workshop. The main floor master suite is well designed for luxury and privacy with its own sitting area with cozy fireplace. The home features a separate one bedroom guest suite with a full bath, living area and a full kitchen. The walk-out basement also features a large family room with another full kitchen, ideal for guests and entertaining. Outside, enjoy the putting green, fire pit, basketball court, vegetable garden, and outdoor entertaining area and there's plenty of room to add a pool! Thoughtful details in the home provide convenience and functionality including abundant, built in storage throughout. The oversized 5-car garage provides space for toys, plus there's plenty of outdoor parking. "
"Stunning custom home and truly one of a kind. Located on a private lane with a forested country feel yet right in the heart of Cottonwood Heights. Features include: 2 master suites, 2 laundry rooms, Double closet, Flex room off kitchen (den/dining or bed), Sparks Linear fireplaces, Huge deck with three entrances and fireplace, Pella windows with tons of natural light, Oil finish white oak floors, Quarts countertops, Oversized 3 car garage plus toy/hobby garage on basement level, Glass garage doors, LED safety/convenience lighting, 98% efficient furnaces, Tankless water heaters. Fire Sprinkler system, unfinished room under garage designed for gym, spa and theater with wet bar. Plumbed and wired for second kitchen if desired as well as outdoor kitchen on basement covered patio. Home is very secluded, surrounded by many mature trees as well as many newly planted large evergreens. Truly Parade quality and more!"
"This gorgeous contemporary wonder perched on almost 6 acres atop the High Avenues was originally built in 1991 by builder Ron Ferrin. He then was engaged to carefully rebuild and remodel under this current owner. This bright gem boasts truly unparalleled and totally unobstructed views over the entire Salt Lake Valley. The home is adorned with opulent master suites on both levels each with a closet and bath that will not disappoint! The main kitchen conjoined with the great room is a chefs delight with massive granite counters, seating for 13 at the bar, Snaidero Italian cabinets, an 8 burner Viking range & double gas ovens, 2 Subzero refrigerator/freezers, 2 refrigerated drawers, electric double ovens, and 2 Bosch dishwashers. The elements that make this home so special include a 2500 bottle wine cellar, a wine vineyard that produces outstanding wines, marble bathrooms, Brazilian cherry floors, custom wall treatments, a hand-painted Parisian tile ceiling in the formal seating room, Swarovski chandeliers in a master and a spectacular handcrafted artisan glass and iron chandelier in the great room. The lavish home theater, indoor basket/racket ball court, impressive pool overlooking the entire valley and outdoor kitchen area forge an ideal place to entertain. With its wide open spaces to lounge, dine and relax, This is the place to enjoy the good life! Come experience this beauty for yourself."