How Much Do You Charge For Non-Refundable Option Monies?

House is worth $140,000 in PERFECT condition.
Good area.

I'm thinking about $1200/mo. for the lease option payment.

How much do I charge for the Non-Refundable Option Monies?

Thanks for reading,

Mrs. Meltzer

Comments(2)

  • DaveREI4th August, 2003

    depends on the what the market can bear...in your area!!!!! I personally never go below 3%...If they ain't got that , they can't afford the payment

  • allandinger4th August, 2003

    I would go with 3 to 5% thats average i think. If you can get more great.

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