Posted by Russ Sims on January 23, 2004 at 13:05:30:
I can sell a lease/option in 4 to 6 weeks. When I retail a house it takes 8 to 12 weeks, on average and sometimes much longer. Some houses in town stay on the market for 6 months or longer!It would be unheard of for a lease/option to stay on the market for that long, unless the investor’s terms are unrealistic.
A house on my street was up for sale for months, then the sign on the front yard changed to Lease to Purchase and in a few weeks the sign was gone and a new family moved in.