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Updated over 1 year ago on . Most recent reply
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Which financial structure is best?
I have an opportunity to buy an empty, zero mortgage house from an elderly seller. Not a family member but close enough.
Seller doesn’t want to pay the tax on the sale or manage the house anymore.
Would a lease option achieve this if the seller passed away before the contract came due?
Is there such thing as a lease option that ends with a TOD? Something like à viager arrangement.
Open to suggestions.
Thanks