Asked by Wendy G, Douglasville, GA • Tue Dec 16, 2008
Not lease option. Lease purchase. We are to pay the payments, insurance, taxes, upkeep, and for any improvements. We have to relocate and we wanted to take advantage of all the deals out there. I searched for 4 months and found a short sale. The agent did not find this house. We found it, and agent and a friend of ours got a mortgage on this until we get our own financing. We have to bring Line 31 up on our taxes and improve our credit score. We have to pay the agent and our friend back their downmpayment. We have to pay her and extra 5000 for the 15000 she put in for the downpayment. Agent has became strange since the house appraised for 30,000 more than the sale price. She knew we were looking for a deal like this. Our friend will not allow Agent (his friend) to profit any more than her 5000 and commision. We never agreed to anything beyond the paying back their downpayment plus her extra 5000. Agent wants a key and says she can come in whenever she wants. It doenst feel right.
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