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 tenant 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 tenant 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 exercised. If it isn't exercised, then the landlord just keeps that money as the normal rent.
HINT: Click house icons above for more information.
"Warm refreshed interior. Features include private patio, storage shed, and carefree living with swimming pool, club house, and access to park and walking path along river. Opportunity! HOA-includes all utilities: gas, electricity, water, basic cable, and sewer, exterior insurance and maintenance of common areas, and clubhouse. Assume current FHA loan with great terms."
"PRICE REDUCED! Now eligible for FHA and VA financing! Great Eagle Mountain Condo! Come and see this clean, open, and inviting home! This beautiful and well-maintained home has an open main room, a bright kitchen with a rock archway, and includes a spacious pantry and all of its appliances including the $2000 refrigerator are included. This home has a great master suite with a jetted tub. The outdoor living is exceptional with open grass right outside the door, quiet neighbors, well-maintained pr"
"Don't let this deal pass you by! 2-story town home with spacious floor plan. Pergo floors/carpets. Very nice area. Large open green space. Come see! Lots of closet & storage space. Nice easy access to a park. Fully landscaped. Fully fenced backyard. Cute patio area. Playground for your kids. Two covered parking spots right at the entry door. This is a short sale with an offer currently under review by the lender. No showings available at this time. Please contact agent."
"SECLUDED AND SERENE! This cottage is located on the East bank of Salem Pond. You won't find anything else like it. The home needs some work. Remodel it or start over and build new. The property also includes two detached buildings. Flexible financing terms considered."
"If you have considered buying a home, but can't qualify for a mortgage, look no further. This condo offers a Seller Finance option with little money down but the benefits of home ownership. This beautiful condo features 3 comfortable bedrooms with 2 baths, a cozy living room and an upgraded kitchen to make the neighbors jealous. Custom alder cabinets with beautiful granite counters and stainless steel appliances. The amenities feature a great swimming pool with a hot tub and gym. Local walking t"
"Lease option or seller finance with low down payment.Nice 3 bedroom 2 bath. Needs some work, but has a nice side yard and big backyard fully fenced, plus covered deck. One car garage. Call for lease option details."
"Great turn key rental in Spanish Fork. Includes two kitchens to maximize your rental potential. With a non-owner occupied loan at 4.5% you should be able to cash flow close $400 each month. That's almost a 14% ROI on your money! Where else are you going to get that kind of return these days? Home is occupied with tenant in place who works the night shift. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement."
"Wonderfully updated home in the heart of a Grand Carterville neighborhood. This property is located on a private drive with few surrounding neighbors. Property is well kept and has had some recent remodeling including new counters vanities and tile entry and baths. The home features 4 spacious bedrooms and 2 full baths. The property also has a separate entrance in the basement with loads of storage."
"Great open spaces. Farm area with horse rights. Lots of upgrades in country style home. Enjoy large family room. Private master bedroom and bath with jetted tub. Office/den can be fourth room. 5 acres to complete your country living. Short sale won't last. Make an offer now. Square footage figures are provided as a courtesy estimate only and were obtained from County Records . Buyer is advised to obtain an independent measurement. This is a short sale with an offer currently under revi"
"***Just Reduced and Priced to Sell*** Beautiful home located in a quiet neighborhood not far from shopping and restaurants. End unit! OPEN floor plan! Fireplace helps keep heating costs LOW! Home is incredibly energy efficient! Granite Countertops. Master suite with large tub and separate shower! Huge Laundry room, Big Bedrooms, Clubhouse, Pool, Spa and Gym and the HOA is only $95 a month! Includes water, sewer, garbage, & snow removal. Back lawn is synthetic turf that requires no maintenanc"
"Great home in the Ranches Master Planned Community. Near schools, parks and walking trails. Home has been rented for the past 3 years to some very clean/good tenants, with 2 years remaining on lease. Great opportunity for an investor/landlord. Home is in great shape. Home has 9' ceilings on main, mature trees, lots of storage, 2 large decks, storage shed in yard, stamped concrete, full sprinkler system, quiet neighborhood etc."
"STOP your Mouse! Look no further! Amazing two story home in great family friendly neighborhood. Come home to relax in the solitude of Eagle Mountain while enjoying the parks, walking & biking trails of the area. Nice covered porch for those fresh summer evenings. Spacious floor plan, large Master Bedroom w/Master Bath and Walk-in closet. 4 bedrooms upstairs, plus a nice loft area to hang out with Family & Friends. Lots of room to grow in the basement with sought after separate ent"
"Location, location, Location!!! Amazing Utah Lake Views!!! Large deck with retractable awning. Practically no neighbor behind house, super nice neighborhood, open and large floor plan, 2 bedroom, large lot with fruit trees. Buyer to verify all info."
"This Tri Level 3 bedroom, 2 bath home, is 1779 sqft. , has an unfinished partial walk out 1st level, offers a spacious master bedroom suite, vaulted ceiling, central heat and air. Is located in the Silver Lake neighborhood, adjacent to Saratoga Springs & minutes from the Super Wal-Mart & 4 corners shopping area, Pioneer crossing, conveniently located approx. 20 minutes from Provo & approx. 30 minutes from SLC."
"Great home located in a newer family friendly neighborhood. home features a formal living room; large spacious kitchen; walkin closet in master bedroom with built-in shelving and large cold storage under the porch. RV parking, and large wood playground."
"Reduced Beautiful Family Home! Largest Fieldstone floor plan very spacious much bigger than it looks, beautiful kitchen over sized pantry, huge master bedroom, main floor office/dent room. big deck area Close to schools, 2 RV parking, lots store shed 198 yd . all appliances stainless Steel Must see to appreciate!"
"Seller will pay $6000 in buyers closing costs. Brand new never occupied in coveted Highland Townhome project - 2X6 construction means you don't hear your neighbors - Beautiful upgraded white raised panel cabinets - Granite throughout - 2 Tone paint with craftsman style moldings - 8lb memory foam carpet pad will make your carpet last longer - Upgraded ADA elongated toilets - Walnut stained Laminate flooring in kitchen and dining - attached spacious 2 car garage with room for loads of storage - 9 "
"Beautifully Upgraded Dream Rambler in New high end Autumn Ridge subdivision. Larger lots available. 3car, Granite, Hardwood, 20" Tile, Separate tiled tub & shower, double sinks and much more included! Call for plans & Pricing."
"Completely finished and upgraded house in fantastic neighborhood. Brand new carpet and tile on main and upper levels, granite, knotty alder, in-glass patio door blinds, smart pantry, water softener, spacious furnished laundry room, lots of storage space. Large, fenced, level back yard has generous patio, garden area, sand box, play sets and mature apple trees. Perfect low-traffic/high-convenience setting is 3 min. from shopping, 4 min. from freeway."
"CE-2 Critical Environmental Zoning. The home that is currently existing on the property needs remodeling. The gross living area is 6,840 sq ft. There is also a garage portion that includes a set up for living quarters with a 2 door garage. Great potential for a vacation property. Home is key-boxed for a supra key. Call agent before showing for details on the property."
"Fully finished home on corner lot in Jacob's Ranch community. This home features and open floor plan with Fireplace and a fun loft area for crafts, office or rec room. Incredible views of the lake & mtns. RV Parking & much more! Newly Painted. Carpet to be replaced the new buyer can pick it out!"
"Cozy cabin located in Beautiful Vivian Park. This cabin is within 5 minutes of world-class skiing at the Sundance Ski Resort. Also nearby is hiking, mountain biking, blue-ribbon trout fishing, and just about any other outdoor activity you can think of. VIVIAN PARK is a gorgeous area just minutes from Provo and Sundance ...a 5 minute walk to a city park with large children's fish pond, the station for "Heber Creeper" R.R., Provo River, (the best fly fishing in the world) plus the Provo"
"New Home in Harvest Park subdivision. HOA FEE INCLUSIONS: Structural insurance on home, Water (inside and landscape), Landscape Maintenance, Snow Removal, Limited exterior maintenance, Pest control on outside of home (bird nests, voles, wasps), All common area fees for parks, trails, and clubhouse. AVAILABLE FOR LEASE OPTION AT $299,900 PURCHASE PRICE. $2,000 A MONTH PLUS HOA FEE! CALL TODAY FOR A SHOWING."
"Beautiful Remodeled Home with desired 5 Bedroom Up Floor plan. Plus 2 more bedrooms in the basement making 7! This home sits on a quite cul de sac with a spacious backyard for BBQ's and near UVU and many more amenities. Featuring Open Floor Plan, large bedrooms, new roof, new AC, new highly efficient furnace, remodeled bathrooms and kitchen with granite countertops, new gorgeous hardwood floors. Easy to Show and Ready for Quick Move In. Buyers and Buyers Agent to Verify All. Square Footage"
"Spacious, Functional, Immaculate-Marble Entry, Island Kitchen, One lvl. Living, Quiet Neighborhood in Cul-De-Sac, Crown Moldings, No Steps-wheelchair accessibility as well as Bathroom, Huge Master Suite, Stainless Steel Appliances, Fenced Patio"
"Seller financing available with this home. Huge 1.06 acre lot and yard. Nestled up against a prestigious Highland area close to both the Alpine Country Club and also the Cedar Hills Golf Club. 13 minute walk to Highland Glen Pond and Park along Highland Trail across 4800 W. Spacious fully finished 5 bedroom home. Has a laundry shoot & huge storage room. You must see the inside of this home to fully appreciate. Within the last 3 years, seller has added a new stove, dishwasher, water heater, a"
"Huge price reduction! Seller is motivated! This 4200 sf home is the best deal in Provo. Huge .75 acre lot. 4 bed, 3 bath, newly remodeled main level with gorgeous kitchen and huge master suite! Sprinklers are connected to well for unrestricted watering. Producing fruit trees, workshop, salon, detached office, RV Parking, the list goes on! Must see to appreciate!"
"Beautiful Custom Home For Sale With Full Landscaping! New Home in Harvest Park subdivision. HOA FEE INCLUSIONS: Structural insurance on home, Water (inside and landscape), Landscape Maintenance, Snow Removal, Limited exterior maintenance, Pest control on outside of home (bird nests, voles, wasps), All common area fees for parks, trails, and clubhouse. AVAILABLE FOR LEASE OPTION AT $335,000 PURCHASE PRICE. $2,000 A MONTH PLUS HOA FEE! CALL TODAY FOR A SHOWING"
"Swimming Pool? Check! Amazing location? Check! How would you like to live in a completely remodeled home with a swimming pool?(Brand new liner 2013 and cover 2014.) What about a huge master bedroom with an unbelievable walk in closet and stunning master bath featuring dual shower heads AND a rain head? Do you want brand new high end carpet? What about custom doors and moulding throughout? Don't forget the stuff you can't see! New high efficiency furnace, AC and tankless water heater! Important n"
"Prestigious Highland neighborhood - Across the street from a 2.5 acre park. Amazing finishes of Granite counter tops, 10 inch crown molding, hardwood floors, and beautiful rod iron Breath taking mountain views!. Claim your peace of paradise!"
"Live across the street from the golf course basking in 360 degree views around this beautiful set master craftsman rambler. Over 4,000 sq ft within 12 minutes of the I-15 with 9' ceilings plus vaults, custom cabinetry, a massive deck and over-sized garage. The main level master suite boasts enough closet space for every seasons apparel. This professionally landscaped yard is easy to maintain and a beauty from every side of the home. Enjoy your morning workouts in your own personal gym and ha"
"Wow! Check out this new price! Looks like new! All new carpet and all new paint. Charming, cottage style Alpine home with great floorplan, 1/2 acre landscaped lot, attention to detail throughout, sport court, Apartment above detached garage and more. You'll love it. It's perfect. HURRY."
"PRICE REDUCED! This fabulous home was built by Ivory Homes. The home has the Diamond upgrade package with too many upgrades to mention them all- . A grand staircase and a stunning walnut hardwood floor greet you when you enter. Tall 9 ft ceilings on all three floors plus a cathedral ceiling in the family room and entry. Super-sized master suite with vaulted ceilings, a walk-in closet, double bathroom vanities, a make-up counter, and a separate garden tub and shower. Main floor bedroom with a p"
"Beautifully updated two-story home in the quiet and coveted Highland View Pointe neighborhood. This home features a custom kitchen (2012), new hardwood flooring and carpet with granite countertops throughout. The open floor plan is fabulous for entertaining or family gatherings and the backyard patio is great in the summer. Four large bedrooms have large closets with built-in shelving and the office makes working from home a breeze. HUGE 4 CAR GARAGE and RV parking ensure there is plenty of room"
10838 S COVERED BRIDGE CANYON DR, Spanish Fork UT 84660
"Don't miss this immaculate architectural beauty, nestled in the mountains, yet only minutes from the city! Designed by an Oregon based architect and inspired by Frank Lloyd Wright. A small wooded and gated community nestled in Spanish Fork Canyon which includes 300 acres of common area of nature to use and enjoy. Features include: over-sized bedrooms, large master suite with loft and walk in closet, central vacuum, intercom system, dumbwaiter, large windows allowing for natural light and mtn vie"
"GREAT NEW PRICE! PRICED TO SELL!! Charming 2-story home in premiere Alpine location. Lots of space, lots of privacy. You'll love the tall living room windows framing the beautiful Alpine mountains. This home has it all; formal living, spacious kitchen with 5 burner gas cooktop and kitchen/nook/great room area with cozy fireplace. Enjoy the protected covered deck most of the year. Full daylight/walkout basement with 2nd kitchen. Home is large but well insulated and utilities are low. Lease"
"Lease option terms available. Custom 2-story on a large view lot. 10 foot ceilings, granite counters and a grand master suite are a few of the goodies on the main floor. Upstairs there are 4 large bedrooms and 2 bathrooms as well as a family room complete with a children's playhouse. Also included is an amazing whole-house audio system. The basement is unfinished and includes a separate outside entrance. The views and the lot space are supreme. Come and take a look at this masterpiece."
"**PRICE REDUCED** SEVEN BEDROOM beautiful home with awesome views of the mountains, valley, and lake. Lots of custom extras. Large kitchen, large island bar in kitchen. Computer desk in loft upstairs. Large family rooms on main and lower level. Beautiful master bedroom with see-through fire place. Basement is completely finished, with bonus Martial Arts studio, or can be changed to theater room with 9' ceiling. LED high efficiency lighting throughout the home (has lowered cost of lighting 80%)."
"This home has another home right next door that is for sale MLS#1126420. You can buy both homes or just one of them. Beautiful home, Country living. Farmland, Pressurized Irrigation. Water comes from well. Exterior Single Car garage behind the Home. Dog roams property. Please call for appointment."
"Priced $20k below current appraisal! Don't miss out on this opportunity! Appraisal completed 1/2014. Don't miss out on this one of a kind home in the Dry Creek neighborhood. It is a perfect home for your buyers who love to entertain! They will enjoy the hot tub under the custom covered deck and pergola, and the outdoor BBQ kitchen. The children can play on the playground equipment or trampoline, or journey inside to the theater room and craft areas. From the formal rooms with hand-scraped hickor"
"SELLER'S MOTIVATED!!! BRING ALL REASONABLE OFFERS. SELLER FINANCING AVAILABLE!! BEAUTIFUL HOME IN A GATED COMMUNITY THAT IS HARD TO FIND, THIS HOME IS A MUST SEE. THIS HOME IS 100% COMPLETE AND READY FOR NEW OWNERS. THE HOME IS TENANT OCUPIED AND REQUIRES 24 HOURS NOTICE. SMART HOME FEATURES, THEATRE, FABULOUS VIEWS OF WASATCH FRONT, GREAT FLOOR PLAN, ALL NEW APPLIANCES 2010! NEW CARPET 2010!"
"Price Reduced: Lowest price per sq ft in the area. Immaculate home in the exclusive Triple Crown neighborhood! The grounds are private, and beautifully landscaped. A large covered patio on the back of the home provides breathtaking, unobstructed mountain views. This home boasts a large open floor plan. The gourmet kitchen offers the finest of finishes including high end granite, double ovens, built-in microwave and refrigerator/freezer, large gas cooktop, 2 pantries and 2 dishwashers. In addi"
"PRICE REDUCED on this gorgeous home! Relax in the large family room while taking in the beautiful views of the mountains and open pasture. West-facing home with unobstructed views out the back. Spacious master suite with small private office. Outdoor full-size basketball court. The basement houses a 44' x 78' full-size gym with a separate entrance and bathroom. With the outside entrance and plenty of parking, the basement gym could be used for fitness classes, ball games, training, or even"
"5.3 Acres w/Wonderful Brick Rambler Home on Horse Property! Perfect Family Floorplan! Large Out Buildings/Barns!! Could Be a Great Development opportunity!! Joint purchase with adjacent MLS 1222196 (3.04 acres) will be a very nice residential subdivision with trail. Great location near Pioneer Crossing and New homes, Entering from the quiet street 700 South (both properties are located down the lane in the back!! Call for more Details!!"
"One of a kind estate in Utah County. Has separate city approved 1200 sq. ft. 3 br. 2 ba. Guest house w/ laundry, A/C. Main house has Basement apartment. Property has 4 water sources inc. 2 wells. Full automatic, covered and enclosed swimming pool w/ separate mens and ladies bath/dressing areas. Tennis (sports) court w/ basketball. Complete barn w/ additional separate outdoor stables. Additional Extra large, detached garage could fit RV. Fenced Pasture area. Over 80k block/brick fence surrounding"
"This one-of-a-kind ranch on over 110+ acres of prime land in Hobble Creek Canyon is a haven for privacy, serenity and true outdoor living. Enjoy spectacular mountain and valley views from a 7,480 sqft, 6 bedroom, 4.5 bathroom home boasting a warm and inviting kitchen with enough space to serve up to 40 guests. There is a family room and den/office with exquisite wood details creating a sense of comfort and calm, ideal for family gatherings or corporate entertainment. The property includes a half"
8272 E LEFT HAND FORK HOBBLE CREEK, Springville UT 84663
"Extrordinary home, one of a kind, outstanding views from all sides of this home, Imported Granite and marble throughout, entry is beautiful, imported fixtures. Indoor swimming pool with slides, water fall, dressing rooms. Theater, 2 lane bowling alley, indoor shooting range, indoor basketball court or meeting room, elevator. Heated drive with nicely installed pavers, outdoor lighting. Includes parcel # 16-033-0031 75.64 acres and Parcel # 16-033-0029 109.69 acres. total of 185.33 acres Call fo"