Contact Information

Dudley S Chapman ABR, ePro, RECS
HRC Properties, LLC
124-B1 E Broad St.
Falls Church, Virginia, 22046
Office: 703-237-7344
Cell: 703-517-7422
Fax: 703-852-3871
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Lic. #: Licensed in Virginia and Washington DC
What is a lease option? PDF Print E-mail

What is a lease option?

When a renter signs a lease with an option to purchase a Arlington Virginia property for a specific price within a certain time frame, that is called a lease option. In most lease-option situations, a portion of the rent is applied to a future down payment.
Lease options are most popular among buyers who don't have enough funds for a down payment and closing costs.
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