Lease Option To Purchase
Is it possible to do a short sale with a Lease Option to Purchase with the owner after they sign over the deed? 
Is it possible to do a short sale with a Lease Option to Purchase with the owner after they sign over the deed?
I think the sequence of events would be
the lease-option followed by the short sale and subsequently the deed to the property.
I am a little confused by this post.
Who is doing the lease option?
Please explain.
tbelknap--The owner of the property.
After signing over the deed we would allow the former owner to stay in the property with a lease option to purchase.
Oh a leaseback. Sure, you can do anything you want with the property once you own it.
IT seems like you don't know much about this type of transaction. If you do it wrong then you can be taken to the cleaner.
I would really and I mean really look into this type of transaction before you do anything.[ Edited by tbelknap on Date 06/07/2004 ]