Exercising Lease Options
By Florence Wong

Top Lease Option advice to protect you as the buyer, based on real-life experience.

Beginner Level
Created by Florence Wong
Last updated November 18, 2019
English
Course trailer video
$64.99 Buy Now
Includes:
  • 46:37 on-demand video
  • Available on iOS and Android

Take this course to learn how to use lease options in property

  • How to achieve a range of sales in property.
  • Make deals in property.
  • Different lease option styles.

Curriculum For This Course

9 E-classes
46:37
E-Classes
9 E-classes
46:37
Introduction
Exercising Lease Options When The Seller Breaches The Contract
When The Seller Breaches The Contract - Introduction
Case Study
The Problem
What To Do
What If The Seller Goes AWOL
Security Measures
Conclusion

Course Description

How to exercise stress-free Lease Options.

Are you a property investor who is keen to start using Lease Option agreements to structure win / win property deals?

Put simply, a Lease Option deal is a 'one-stop solution' for struggling homebuyers and motivated sellers that gives you the opportunity to take over the cost of the mortgage on a property, and assume responsibility for it, without buying it upfront. At the end of an agreed period of time, you have the option to purchase it at a fixed price, which reflects today's market value.

Whilst many homeowners in this position worry that the buyer will default on the mortgage leaving them responsible, sellers have also been known to breach their contracts for various reasons.

In this course, Florence Wong, property expert and Wealth Dragons coach, outlines some of the issues that can specifically arise when a seller attempts to pull out of a Lease Option deal you have previously signed with them. Using a real-life case study, Florence explains the steps you can follow to protect yourself from unscrupulous sellers and ensure you are able to exercise the option when the time comes, with no hassle.

Watch this essential course today to learn:

• The circumstances in which it is beneficial to the seller to offer a lease option deal, rather than a Below Market Value cash offer
• What to do when the seller tries to pull out of a lease-option deal and the importance of making sure you have a water-tight contract to refer back to
• The steps you need to take when you intend to exercise the option and why it is so important to seek independent, legal advice and ensure solicitors are involved in the process
• Useful tips to find a seller who has seemingly disappeared and cannot be contacted
• Security measures you can put in place from the outset to protect yourself and maintain an ongoing relationship with your seller.

For more information on Florence, visit www.wealthdragons.com.

Target audience:
• Property investors who already know the basics of Lease Option deals and want to find out more information.

About The Mentor

Florence Wong

Let Your Property Set You Free!

Florence Wong is the Property Coach for Vincent Wong's Property Inner Circle, an International Speaker and Wealth Dragons trainer.

Florence originally trained at the prestigious Guildhall School of Music and Drama, where she gained a Bachelor of Music Honours degree. Despite having worked for many years as a concert pianist, she decided to embark on her own property journey to success and since 2005, has supported her brother, Vincent Wong, in his business ventures, as well as overseeing the running and development of Vincent Wong's Property Inner Circle to what it is today. She continues to actively do property deals, liaising with thousands of motivated sellers and investors, as well as managing her own substantial property portfolio.

Florence has many years of experience in negotiating below market value (BMV) and Lease Option deals, which makes her the ideal property mentor. Her hundreds of students will testify how her hands-on approach has helped them to succeed on their own property journeys.

Florence is married with two children and lives in Milton Keynes. She is also a part-time YouTuber with her own channel called 'Flo In The City'.

For more information on Florence, visit www.wealthdragons.com.