Lease Option: "Her House

[ Follow Ups ] [ Post Followup ] [ Real Estate ] [ FAQ ]

Posted by LHoffman on December 16, 1998 at 10:57:34:

I read the story and thought to myself all of this could have been avoided if the buyer would have:

1.) Place all the documents in escrow (Deeds, Mortgage papers, etc..)
2.) The buyer would have recorded a memorandum.
3.) Never and I mean never place option money down.

I do it all the time. I never give option consideration for a lease option. Now you really don't have nothing to lose.

Larry Hoffman
On the web: http://www.therealestatefactory.com

Follow Ups:

Post a Followup

Name    : 
E-Mail  : 
Subject : 

Comments:
: I read the story and thought to myself all of this could have been avoided if the buyer would have:
:  
: 1.) Place all the documents in escrow (Deeds, Mortgage papers, etc..)
: 2.) The buyer would have recorded a memorandum.
: 3.) Never and I mean never place option money down.

: I do it all the time.  I never give option consideration for a lease option.  Now you really don't have nothing to lose. 

: Larry Hoffman
: On the web: http://www.therealestatefactory.com  


Optional Link URL:  
Link Title:         
Optional Image URL:

[ Follow Ups ] [ Post Followup ] [ Real Estate ] [ FAQ ]