Posted by dutch on April 09, 2006 at 18:46:55:
You would be optioning the redemption rights, not the property.
Dutch
Option to purchase - Posted by Carolyn (mi)
Posted by Carolyn (mi) on April 08, 2006 at 24:33:18:
I looked thru about 30 pages in the archives, did not find my answer or(question)
Is it possible to do a straight option on a property thats been foreclosed on,with a 6 month redemtion period, say, for a 3 to 5 month period? Or could I just do a P&S agreement and assign to rehabber? Or do I need the homeowner to quit claim deed the property to me to transfer redemtion rights?
Yes, I am confused!
Please help.