Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

9
Posts
1
Votes
Monique Pope
1
Votes |
9
Posts

Option to Purchase agreement

Monique Pope
Posted

I entered an option to purchase agreement. The individual found a buyer and sent me a 17 page residential purchase agreement with two individuals I do not know. wanted agreement signed within 24hrs. this agreement has verbiage that is not in our original option to purchase agreement. It has a listing agent for the Seller (me) whom I have never met. It states a $2500 deposit was submitted, which I do not have and its states seller will purchase premium warranty when the home suppose to be sold "As Is. The new people are going through FHA for funding. It doesn't indicate any interest assigned. The person who I entered the Option to purchase agreement with, his name only appears once, as the broker. he states I have to sign because our agreement states he can assign his interest. The agreement actually does not have and/or assign; it states: Buyer ________, Seller_________, which terms may be singular plural and will include the heirs, successors personal representatives and assigns Seller and buyer, herby agree Seller will sale and buyer may buy the following property, upon the following terms and conditions. Do I have to move forward with the sell? his name is not in the residential purchase agreement