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Help please: Guarantees??
Is it possible to purchase a home from someone, and give them the first right of refusal to buy it back at a specific price at a later date? For example, if I want to buy a house today from someone for $1,000,000. Let them live in it and pay me a rent for a while, And then, offer to sell it back to them in 5 years at $1,000,000. Can this be done?
Thank you,
RS