When you use a real estate option contract you tie up a piece of property without revealing who is buying it. It was good enough for Walt Disney, who did not want to pay big bucks that would have been necessary if people held out for a bigger check, knowing that Disney could afford more for the land that is now Walt Disney World. Donald Trump also uses this method to tie up properties, in fact, he controls more properties than he owns! Everyone knows Donald Trump as he is the Real Estate Mogul of New York! There are more reasons. For more go to the link below:
http://nationalreihomes.com/real-estate-news-blog.html
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Very informative! Thank you.
RENinja
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Love the feedback!
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this post.
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
You post some awesome things on your website. I find it extremely helpful.
How is an 'option contract' different from the usual contract to purchase real estate, and how/when would you use one? Sounds interesting. I'd like to learn more.
Those who kill time murder opportunity.
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To retain privacy, it has to be taken a step further. The option has to be held by a trust, as the holder of the option becomes known when a memorandum of option is recorded.
Good information. A real estate option contract allows you to control property with minimized risk but high returns. I like the additional posts on your website as well. Great stuff.
Joe
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would love to know more, but, I just dont have time to click to go to your website everytime
how about just put the info here
thanks
Mike
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I don't know how I missed all these. Sandra an option contract is different from a purchase contract in that it gives you an option to buy a piece of property, but does not require that you do so, whereas a purchase contract you must perform, or buy said property.
Sorry Mike, I have thought of doing just that; so I may consider that.
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.