New Lease Purchase Program for Condos in Las Vegas
If you are looking for a residence in the Las Vegas area we’ve got great news for you! Turnberry Towers a condo developer just off the strip has started a new lease purchase program that might be the perfect fit for you. The program requires a 10% down payment with 100% of rental payments going towards the down payment. This essentially means you don’t have any of the additional costs of home ownership like hoa dues and property taxes, but you get to live there while you save up money for the down payment.
Because we believe in education first, let us warn you that lease purchase is much different than lease option. The lease purchase allows you to rent until you have saved enough for the down payment and traditional financing of the home but it does not allow you the same option to back out of the purchase. This type of scenario should only be used for serious buyers that are tired of paying rent towards nothing and are truly interested in buying the home selected. To find additional homes and condos in this area take a look at our Las Vegas rent to own listings.
Turnberry Towers: Website