Posted by MicheleCO. on March 10, 2002 at 23:16:40:
I’m wondering just the opposite, when is it better to Buy on L/C vs. L/O? What are the preferable ways in sequence for buyer to buy from a motivated seller. Is it :
a cash sale is not even a question here. I have a seller, haven’t pitched subject-to yet. Has already agreed to a L/O. I am wondering how L/C would benefit us both, and how do I pitch this to him to be more desirable then L/O? I will go for the deed first.