Lease Options

Are options assignable?
Q. In reference to an "option agreement", not a "lease option”, can an option agreement be assigned? A. It depends on the agree...
Thu, 12 Jul, 2018 at 10:28 AM
Lease Option before closing
Q. I have a house under contract and a buyer wanting a l/o. How do I secure the l/o person before I close on the house? A. It will not be a problem if y...
Thu, 12 Jul, 2018 at 10:29 AM
Rent To Own
Q. Coaches! What are the proper documents to use for a rent to own. Different speakers teach different things. I have one on my desk right now I need to pre...
Thu, 12 Jul, 2018 at 10:30 AM
House will not Appraise for LO Sales Price
Q. We are trying to get the first house we bought 2 years ago cashed out. We sold on L/O and did a contract when we put tenant in place (pre-Lou, again) for...
Thu, 12 Jul, 2018 at 10:32 AM
Earnest Money Refund Request
Q. I have a person that wasted a lot of my time during the week, negotiated the reservation fee to ½ ($500) then decided to not sign the lease after I prepp...
Thu, 12 Jul, 2018 at 10:36 AM
Work for Equity
Q. I have a licensed plumber that wants to do a l/o on a work for eq. The property's plumbing is unusual but it works. He will do the minor repairs (pa...
Thu, 12 Jul, 2018 at 10:37 AM
Subject to LO to seller
Q. We just got a contract today on a house for 36k, subject-to, for a house that is worth 80k. The deal looks great, but the only catch is the homeowner wan...
Thu, 12 Jul, 2018 at 10:39 AM