Updated over 12 years ago on . Most recent reply
Option to purchase what to do?.
Hi,
I have a chance to get a 220,000.00 home under an option to purchase for 210,000.00 (Was trying for a lease option) and I am wanting to know do I make out the purchase contract at the same time or just the option since I am wanting to sell the option?.
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Jon Holdman
#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
- Rental Property Investor
- Mercer Island, WA
Maybe start by finding a better deal. You're at 95% of the value. There's no deal here.