How did this deal work out?
If your still working on it, one suggestion.
If your thinking about a lease option. You can front part of the Realtors commission out of the tenant/buyers option fee, and the rest when the option is activated (on closing).
Course the realtor will only be...
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Thanks for the reply.
I'm using Barry McGuire's Deal Ready Doc's, and they last page on the option is a Affidavit of execution.
I'm pretty happy you don't "need" one, just wondered if anyone uses them or gets the contracts notarized or not.
Hi, has anyone got experiance in using Affidavit of Executions when putting a property under contract with an Option to purchase?
My questions are..
Do you NEED to use one?
I'm guessing not, but it will give you a much stronger position down the road.
Do you need to go to a...
Hi Luke,
Did you manage to sort out the problem faced with simultaneous closing. I was also thinking you could rewrite the contracts between you and the T/B, so they are between the T/B and the Seller direct. I like the idea of using this to wholesale L/O, where you are assigning you L/O to...