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I know why we want to take hold of the property but I still can’t wrap my head around why someone is willing to put a 30 60 or 90 hold on their house. What’s the selling point or advantage to them? How do you present the case to the owner so he/she gets a realistic understanding and is willing to sign the contract.
Thanks,
Renata
If you have a good buyer’s list, you will not need more than 30 days for the option period.
Ask the seller to give you 30 days – they have nothing to lose.
Jackie
Renata:
Most realtors want to tie up your property for 6 months. Most options you are giving something to the optionor (usually some cash). I don’t know any realtors doing that. Since you are in this deal to make money and this is your business, you can convey to the optionor a sense that the option will get exercised and they will be paid off.
Just some thoughts.
Don Wede
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