Full Price Offer In Exchange For Lease Purchase Contract?

Many pundits are claiming that you can interest people in lease-purchasing their homes to you in exchange for a full-price offer. Well, how do you qualify "full-price" what if the seller inflates their price above market price just to take advantage of this claim? Do you tell them that full price means market price and you will arrive at what that is when you have done an appraisal and your comps? Seems like you can get into trouble making such a claim.

Additionally, what about ads that say "Cash for your house..."? Most people think that cash means no financing and that they will be paid in cash and paid in full for their house upon the sell. How do you qualify this claim?

Comments(1)

  • kenmax22nd July, 2004

    don't explain anything to him you are only putting ideas inhis mind. do not offer full price up front . try to get terms that you like best negotiate from there the last resort would be market valve. if the price gets to that range don't try to explain just offer market value i would use a master appraiser and nego. to the end. remember you are the buyer..........kenmax

Add Comment

Login To Comment