Catalina's

Oakley Radar Path Replacement Lens $80.00 If the lighter-tint lens on your Oakley Radars just isn’t cutting it on bright days, swap it out in seconds for a darker one with the Oakley Radar Path Replacement Lens kit. The Radar Path offers the lowest profile coverage in the Oakley Radar lineupit works best for medium-sized faces or wearers looking for a sleeker look to their Radars. To gain a new look for your precision High Definition Oakl…

Radar – Path by Oakley $155.00 113020 Features: Plutonite lenses offer offer the finest visual clarity in the world, they meet ANSI Z871 standards for impact protection and XYZ Optics extends razor-sharp vision all the way to the lens periphery O Matter synthetic frames provide superior durability, absorb shock and are comfortable, even when worn all day long High Definition Optics (HDO) treatment and materials to help you see …

Oakley Men’s Radar Path Iridium Polarized Sunglasses $255.00 The most demanding sports professionals in the world have fueled 30 years of Oakley innovation. Athletes have won more championships and medals with our sunglasses than with any other single sports product on earth. The heritage continues with Oakley RADAR, a milestone in performance technology….

Oakley Radar Path Men’s Special Editions Livestrong Casual Sunglasses Our approach is to ignore what people say is impossible, and our inspiration comes from athletes like Lance Armstrong who do the same. The cycling legend was forced off his bike in 1996 by the grueling pain of cancer. He endured surgery and chemotherapy, and defying all odds, returned to win the Tour de France seven consecutive years. Today his foundation inspires and empowers people affected by c…

Oakley Men’s Radar Path Iridium Sunglasses $230.00 Get automatic light adjustment and a customized fit no matter your sport with the Oakley Radar Path Photochromic Sunglasses. The Radar Path’s photochromic lens automatically adjusts to different light conditions while maintaining visual contrast, and features Oakley’s High Definition Optics, as well as a Hydrophobic coating to resist water, skin oils, and dirt. The Radar Path’s lightweight frame f…

Rent To Own Lease Signing Process (Oakland, Ca)

At some point in time, many of us have rented a property. Even more so today, people are renting because of high foreclosure rates—renting has become the fall back position when people are met with financial difficulties.

While everyone is familiar with how to rent a property, not very many people know that they have an option to buy the property they are renting as well—in other words, rent to own. Lease Purchase Options (LPO), are rental contracts that include the rental of the property, with the agreement that the renter will be given the option to purchase the property at the end of the lease.

Lease Options are worthwhile particularly to renters with bad credit who might be unable to buy a home otherwise, and also renters who aren’t quite sure they really want to buy a home. Lease options give you the right but not the obligation to purchase the home. The money that you pay for this right (option to buy) on the property is called the “Option Consideration,” or the “Option Fee.” Usually part of the rent is applied as the Option Consideration but it is non-refundable. You don’t get the money back if you don’t exercise the option so it’s not a good idea to go with this path if you’re not considering the purchase of the home. However, the benefit of this Option Fee is that, unlike rent, it goes toward the purchase price of the home.

Before you decide on a lease option, be sure that you put in serious thought into the future purchase of the home, and that you go over the terms you agree to in your lease option contract carefully.

The rest of this article will go over a brief overview of a lease signing in this video. To obtain a full example of a lease option contract or to direct your questions for housing in Bay Point, Concord, Pittsburg, Antioch, Oakley, Brentwood, San Pablo, Vallejo, or Fairfield cities in Northern California, please contact us.

LATE CHARGES; RETURNED CHECKS

The terms of this lease is detailed as a year to year contract. After the first year, the person can purchase the home, and will continue to have the option to purchase the home for three years after the first year. Move-in costs, monthly rent, option fee, and the security deposit vary depending on the client and the agent’s agreement. It is very important to pay rent on time in order to improve your credit score. Two rules to keep in mind, NEVER pay late and ALWAYS make at least your minimum payment. Missing either of these rules will have a serious negative impact on your score and may hinder your ability to mortgage your home at the expiration of the Lease contract.

*Excerpt from the contract*

————————–

Rent is due on the first of each month and is considered late after the 5th calendar day. These costs may include, but are not limited to, processing, enforcement and accounting expenses, and late charges imposed on Landlord. If any installment of Rent or Option Consideration due from Tenant is not received by Landlord within 5 calendar days after the date due, or if a check is returned, Tenant shall pay to Landlord, respectively, an additional 10% of the monthly rent as a Late Charge and $25.00 as a NSF fee for the first returned check and $35.00 as a NSF fee for each additional returned check, either or both of which shall be deemed additional Rent.

————————–

MAINTENANCE

When you take on an option to purchase a property, it’s common to commit to take on maintenance of the property. If you’re committed enough to want a lease option, it’s likely that you will take good care of your property as you’re the one expecting to own it.

*Excerpt from the contract*

————————–

As additional consideration for the Purchase Option, Tenant, at Tenant’s own expense, shall be responsible for all maintenance and repair of the Premises, the fixtures and improvements in the Premises, including without limitation the maintenance and repair of structural elements of the Premises, interior and exterior, structural and non-structural, ordinary and extraordinary, in and to the Premises and systems thereof. Tenant shall properly use, operate and safeguard Premises, including if applicable, any landscaping, furniture, furnishings and appliances, and all mechanical, electrical, gas and plumbing fixtures, and keep them and the Premises clean, sanitary and well ventilated.

————————–

PURCHASE PRICE

In this particular contract, Consideration purchase option for this contract is 3% of the year 2 purchase price and the Option Period is for four years. At any time after the first year the person can exercise their right to purchase the home but if for any reason they do not exercise their rent to own option they lose their 3% down. Before contract expiration, sometimes you can renew the option for an additional fee, but you would have to renegotiate a new contract with the property owner. Don’t assume that you can extend your option past the contract terms. The property owner is not required to renew the option, and if they do, they’re not required to keep the same pricing, fee, and duration terms. The $200 of the monthly rent in this example, is the monthly Option Fee . Remember that this Option Fee is non-refundable. You don’t get the money back nor do you own the home if you don’t exercise your buy option on the house. The benefit of a house appraisal and your purchase price in a lease option is that you lock in your house value in the current market. As the home value appreciates, your purchase value of the home will be the same as when you first signed on the lease.

*Excerpt from the contract*

————————–

The Lease provides Tenant with the option to extend the Lease for up to three (3) additional terms (each, a “Renewal Term”), each consisting of one (1) year. If the lease renewal option is exercised pursuant to section 5 of the Lease, then the minimum purchase price (“Minimum Purchase Price”) for the Premises during the first Renewal Term shall be $203,500; the Minimum Purchase Price during the second Renewal Term shall be $218,762.50; and the Minimum Purchase Price during the third and final Renewal Term shall be $235,169.50. Optionor may in its sole discretion obtain a neutral third party appraisal of the Premises upon Optionee’s exercise of this Purchase Option to determine the appraised value of the Premises (“Appraisal Price”). The Purchase Price shall be calculated by adding fifty percent (50%) of the difference between the Appraisal Price and the Minimum Purchase Price to the Minimum Purchase Price (“Purchase Price”). (e.g., if the Appraisal Price is $205,000.00 and the Minimum Purchase Price is $185,000.00, then the Purchase Price would be $195,000.00). In no event shall the Purchase Price ever be less than the Minimum Purchase Price. $200 of the monthly rent goes down to the down payment of the purchase of the home

————————–

This has been a quick overview of a contract, but there are many things to consider and to read over in your lease. Everything is negotiable and you’ll be able to work out the terms with your representative agent. You are in a position to buy your own house even with bad credit. This is the perfect opportunity to buy your own home with lease options. It’s simple and it’s a way you can try before you buy. Get ready to finally own your home!

About the Author

Doug Brien is a founding partner of Golden Bear Management ( http://homeaffordableagain.com/ ), a leading Bay Area home renovation company that is committed to helping rebuild Bay Area communities that have been ravaged by foreclosures. Our program is placing people from the San Francisco Bay Area in their dream homes every day through our Rent-To-Own Program. If you are still renting, take a look at what we can offer to help you put you in your dream home today ( http://www.homeaffordableagain.com/ ).

How do I change my Oakley Radar Path lenses?

Does anybody know how exactly I remove the lenses from my Oakley Radars?

I have the half jacket but those instructions would not help, so check out these instructions to see if they are of assistance to you. http://rubensmenswear.com/pages/photographs/oakley/changing_lenses/m_frame_changing.html Good Luck.