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.
HINT: Click house icons above for more information.
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."
"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"
"You'll love this beatuiful Colonial, 2-story home in desirable Cranberry Hill subdivision, Draper Location. Located in a quiet cul-de-sac, great Mnt views. Open floor plan with lots of natural light. Formal living and dining room. Perfect for entertaining. Cozy family room with dark out theater on half. Two toned paint, newer carpet. Bright spacious Kitchen, upgrade cabinets, Granite counter tops. Stainless steel appliances. 9 ft ceilings, Large bedrooms w/ walk in closets! 3-car garage. Close to parks, shopping, schools. Easy access to I-15 and trax. Excellent Schools! Make an appointment today!"
"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. Square footage as per appraisal."
"Under Contract - Just waiting for relocation company signatures. Wow!!! Impressive Rambler Located in the Highly Coveted - Spring View Farms. Open Floorplan, Great Room That Has Lots Of Natural Light, Fireplace, Large Kitchen w/Granite Countertops, Island Bar, Subway Tile Backsplash, Stainless Appliances, New Carpet and Paint, New Blinds, Vaulted Ceilings in the Master Suite, Double Sink Vanity, Separate Tub/Shower, Walk in Closet. Finished Basement Featuring a Large Family Room & Tiered Theater Room. Roughed in for a 2nd Kitchen. Large Deck and Covered Patio, Walk Out Basement. Nicely Landscaped Fenced Yard - Great For Play and Entertaining. "
"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."
"SELLER MOTIVATED AND WILLING TO OFFER A COMPETITIVE RATE SELLER FINANCED 1ST MORTGAGE OR A 20% SELLER CARRYBACK 2ND MORTGAGE. DON'T LET THE WASATCH ADDRESS SCARE YOU. THIS HOME FEATURES A PRIVATE GATED ENTRANCE OFF OF WASATCH WITH THE HOME SITTING WAY OFF THE ROAD. ROAD NOISE AND TRAFFIC ARE A NON ISSUE. THE HOME SITS ON BEAUTIFUL WOODED LOT WITH A STREAM THAT PROVIDES UNBELIEVABLE PRIVACY AND A PARK LIKE SETTING. HOME HAS BEEN UPDATED WITH HIGH END APPLIANCES INCLUDING SUB ZERO, WOLF, ETC. AND STAIN GRADE MILLWORK THROUGHOUT. LARGE RV GARAGE FOR ALL OF YOUR TOYS. THE 920 SQ FT LISTED AS LEVEL 3 IS A MOTHER IN LAW APARTMENT OVER THE RV GARAGE. "
"PRICE REDUCED $245,000. **EXCEPTIONAL VALUE.** This 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 the upscale Polo Club Court neighborhood, the 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 guest/mother-in-law suite with one bedroom, 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 â€“ 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!"
"HUGE PRICE REDUCTION! SELLER FINANCING AVAILABLE. Exquisite Holladay home ready for move in. The unique and incomparable features combine to produce a truly luxury customized home, built by Brad Reynolds. Located in the Roselans Subdivision it sits on a 1.03 acre lot. The home was gutted and remodeled in 2010. Large commanding front doors lead you into the vaulted entry way with a beautiful chandelier. Cast iron gates from France, imported mantel from England, wooden staircases as well as large Chenell tapestry drapes bring the world to your fingertips while accenting this room beautifully. Bold colors are found throughout the flowing rooms. The Gourmet kitchen was built for entertaining. Thermador six gas burner, two dishwashers, built in ice maker and subzero refrigerator/freezer, two copper sinks, stainless steel appliances, spacious butler's pantry, and thick granite countertops. Antique imported column archway separating the kitchen and family entertaining room adds a flair of charm. Massive master suite with his/her shower and tile step-up jetted tub. Other bedrooms are just as impressive, jack and Jill bathroom, and two spacious laundry rooms. Downstairs is a miniature European fantasy. Mother in law apartment complete with rounded archways, unique wood accent interior windows, and built in shelves with lighting. There is also an exercise room, extra storage and complete with a sauna. This home is fully fenced (automatic front gates) and secluded for ultimate privacy. Lush backyard loaded with architectural antiques, waterfall/pond, beautiful mountain views, and features automated exterior lighting. Copper gutters, chimney caps, and roof finials. This home will amaze you from the moment you walk in the door. Schedule a showing today. Square footage figures are provided as a courtesy estimate only and were obtained from county records with the exception of the 2nd level. According to a recent appraiser's measurement the sq ftg on the county records is incor"
"Located in the gated community of Pepperwood Estates, this magnificent home is refined casual living at its best and is truly an entertainer's dream. Appointed throughout with elaborate woodwork and stonework, beautifully incorporated to create the ultimate in living spaces. * Floor to ceiling windows in the Living Room allow for breathtaking views of the Wasatch Mountains. * Gourmet Kitchen includes Wolf appliances, a large walk-in pantry and a casual dining area with mountain views. French doors open to a large deck overlooking the back yard. The Formal Dining Room, with it's dramatic windows, is perfect for elegant entertaining. * The Spacious Master suite features a gas fireplace, extra tall ceilings, mountain views and French doors which open to the deck. The dramatic ensuite features double sinks, granite countertops, a separate vanity area, large shower with double heads, Jacuzzi tub with valley views, private toilet, and large walk in closet. * Also on the main level is an Executive's Home Office, a powder room for guests, an expansive laundry room with two washers and two dryers, a secondary entryway includes floor to ceiling cabinets and the entrance to the garage. * The Second Story has an amazing overlook of the Great Room and includes 3 Bedrooms, all with ensuite Bathrooms. There is an extra large play space, which could be used as a bunkroom or study space, off of the largest bedroom. * The lower level is filled with natural daylight. There is a wet bar/kitchen next to the Spacious Family Room. French doors allow you to walk directly out to the covered patio and into the back yard. Also on this level are 3 Bedrooms, 2 with ensuite bathrooms, a secondary office - which is currently being used as a workout room, a game room with a pool table and a theater room with 7 stadium style reclining leather seats. The Theater includes a 145 inch Screen With Sony Projector with surround sound. The theater system is connected to the entire ho"
"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."