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Updated about 15 years ago,
Cashing out a lease-option...
We have a free & clear house in Huntington West Virginia that we have sold using a lease option. We sold the house for $17,500 and get $500 per month at 11% interest. The buyer is employed and has made 6 regular payments, 2 of which were even a little early.
We would like to cash this property out. Any suggestions?
Thanks in advance.