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Updated about 10 years ago, 09/27/2014

User Stats

39
Posts
4
Votes
Gerald Thompson
  • Real Estate Investor
  • Lathrop, MO
4
Votes |
39
Posts

Lease Option Question

Gerald Thompson
  • Real Estate Investor
  • Lathrop, MO
Posted

OK... I need some advice.  I have a property that has been listed by a realtor.  No more than a week into the contract I get a potential lease option deal on the same house.  This was not through the realtor.  What can I do in this situation?  I do not want to create a bad relation with my realtor, but also don't want a lead to get away.  I thought of standard rent for 6 months (end of contract obligation) but the tenant doesn't want to leave when the house sells.  Should I walk from the deal and hope for a sale later?

Thoughts?

Thanks,

Gerald

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