Someone once told me that it’s hard to lose if you’re in a no- lose situation and that exactly what the Option To Buy is.
It simply gives you just that – the Option To Buy.
And if you’re not able to find a buyer or can’t close- then all your out is your Option Consideration which should be around $10.
And while you’re not on the hook to buy the property, the seller is.
When using an Option To Buy, the seller is required to sell.
And what’s even cooler – it’s pretty easy to sell the concept to your seller.
So, if you’re uncertain about signing a “contract” or getting a deed, then use the Option Agreement.
You can download this Free Real Estate Form by right clicking her and choose ‘Save As’
It’s in Word format and Free to Use.