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Updated over 7 years ago on .
Selling with temporary lease?
I just finished rehabbing a house and have someone wanting to buy it. The catch is they want a temporary lease until their financing goes through (30-60 days).
It is a large property, 3,670 square feet, where a lot of damage could potentially be done.
How would I write it into the contract where I get a large, non-refundable down payment (eg: $5,000) to ensure that the buyer has an interest in closing quickly and not damaging the property?
This is in Texas.
Thanks.