Re: Explaining Options to Buyers? - Posted by DaveD (WI)
Posted by DaveD (WI) on May 03, 2006 at 06:53:29:
Ugh, OK, your post was titled “explaining options to buyers.”
Giving the seller a lot of free education is counter-productive. Tell him what he needs to know. “You’ve given me the right to buy your house at my option. I won’t be moving into it. Someone will. I need access to show it to my buyer. We will close within the time specified. You’ll be responsible for some of the closing costs, so will I. When the time comes, you’ll need to meet me at the title company to approve the final docs and pick up your check.”
Nowhere in that conversation does double close or any of your other intentions enter. That’s your business, and the seller doesn’t care anyway.