Lease option or Contract for deed - Posted by L.A.

Posted by Sal on July 27, 2003 at 17:25:55:

Depends what your goals are after you gain control?
Each has its advantages/disadvantages and associated risks.

Sal

Lease option or Contract for deed - Posted by L.A.

Posted by L.A. on July 27, 2003 at 14:27:38:

I have a motivated seller an would like to know the best way to proceed with a possible deal.

here are the details:

seller owes: 230k
house value: 315k
payment: 2900.00 per month

He is behind 5 payments 15k and would like 4k to put in his pocket to move.

Anybody with ideas on how to do this deal.