L/O exercise guaranty? - Posted by rrrchew@yahoo.com

Posted by stan on March 24, 2006 at 14:14:14:

Nothing speaks like cash. A big non-refundable deposit will do it every time.

I assume you have credit issues, the reason you can’t purchase now? So that means that if you are an individual with no cash or credit, we can’t blame the seller for being somewhat skeptical.

Now if a person of means, like a well heeled relative, were to post some kind of assurance…

stan

L/O exercise guaranty? - Posted by rrrchew@yahoo.com

Posted by rrrchew@yahoo.com on March 24, 2006 at 11:35:27:

I need some suggestions on this one.

I found a good deal on a house that I can do a lease for 2 years and purchase at the end of this period.

However the seller/landlord wants to be sure that I am going to buy the house after my lease period because he ‘doesn’t want to deal with the hassel of renting it again.’

My intentions are to buy, because I’m getting a good deal, but what kind of guaranty can I give him. I don’t want to offer him a deposit if possible. Is there something else that I can offer the seller/landlord to keep him happy?