option fee

option fee

Riverside, CA · Member since 2015 · 1 post · 0 votes

Does anyone know if in a lease option deal there is a way that I as the assigner of a lease option contract can guarantee that the option fee I receive from the tenant will be guaranteed to be credited towards the down payment of the house vs the purchase price of the house, should the tenant buyer exercise his option to purchase the home.

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  • Investor · Sherman Oaks, CA · Member since 2008 · 6k+ posts · 3k+ votes
    11y

    Hi Jackie

    @Jackie Campbell

    I do a lot of these

    I lease option from seller

    Then have the buyer pay a option release fee to release my option

    Cleaner than a direct assignment fee

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