Myth: It is easy to negotiate the monthly cost and down payment of a lease.
Truth: The average lease price is 1% of the home value. If you attempt to negotiate on a lease without knowing all of the facts, you might be declined altogether. Since competition is extremely high, often you only have one shot before you might lose the chance to lease the home, to your competition.
This completes our Myth vs. Truth Leasing series for now.
Please stay tuned for our buying and selling Myth vs. Truth posts.