Selling on Option or installment option consideration

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  • Ajay Kamat
    December 22, 2020 at 3:30 pm
    Ajay Kamat

    Hi Jackie,

    I was listening to Dan Butler’s call on “Using Options in Creative Ways”

    Can I sell my option on a monthly installment option consideration payments on the unpaid balance of the option and the contract will also give possession as option consideration, if the buyer defaults I can take back the house, buyer can sign a UCC note?

    Merry Christmas to All!

    Regards
    Ajay

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