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Rentals in Country Club Hills : Real Estate Advice

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  • Home Buying8
  • Home Selling1
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Activity 2
Wed Apr 10, 2013
Suzanne Hamilton answered:
I have a rental in hazelcrest with four bedrooms that will take section 8.

Please feel free to call 888-788-9544.
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Tue Feb 14, 2012
Ron Thomas answered:
There is no such thing:
By definition, a Lease/Option is solely between the SELLER and the BUYER (YOU)
You are trying to do this because you are having trouble getting conventional financing; an the Seller knows it!
You are distressed, or you wouldn't be doing it.
The Seller may be doing it for one of two reasons; Either he hasn't been able to sell his house normally, or, he wants to take advantage of someone like you.

There is no "boiler plate" Lease/Option agreement; it will be whatever you two agree upon.

Sounds like this could be rife with RED FLAGS, nuh?
... more
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