Lease Option objection

[Calvin Nichols]

Owner has property for rent and is willing to sell property on lease option  which is great but the owner want a application filled out with $50 fee. right the deal is stalled because I am not giving him a $50 application fee My question is has any body run into this before how do you over come this objection? I am thinking of moving on. 

[Bill B.]

Would you seriously let a stranger move in to your house without a background check? 

Heck, would you let a stranger drive off in your car without a background check?

If I was the seller and my “buyer” balked over $50 I would block their phone from that point on. 

If it’s a 4 year lease to buy you’re talking $1/month. Did you haggle down to the dollar about the lease? 

Hard to convince someone you have thousands to invest in real estate but you can’t afford $50. What do you tell the bank when they want $1,500 to process your purchase of the option in the future? No way? The $400 inspection? The appraisal? The utility connect fees, the insurance, etc etc…

You probably want to take a break from looking at real estate. I would LOVE to have $50 problems.