Lease Options Offer WIN/WIN for Buyers and Sellers

The recent tumble of the TSX has forced Canadian banks to tighten their lending policies. This has fueled the downturn of the housing market since there are fewer buyers that can qualify for a mortgage. Many people that have poor credit, lack income verification or recently immigrated will find it increasingly difficulty to purchase a home, and there are more motivated sellers. This raises the demand for creative financing using lease-options.

Recently, I did a phone interview with the Georgia Straight and shared information on how lease-options play in the current economy. Read full article...