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Updated over 10 years ago,
Should we accept this Lease Purchase Offer?
We have a property on the market in Lawrenceville GA for over 6 months now. It's a really nicely finished home on a corner lot, but with pine trees all around. It comps at $140-$160K and we're offering it at $139k
In summary, The offer is $3000 down, $1200 per month for three months and then close in 3 months at $135k. they want 3% toward closing costs, a $5000 damp proofing upgrade on a former flood issue in the basement and also assuming anything else fixed they might find while living there.
Of course we also have 6% Realtor fees to cover out of that.
I have my own ideas about this, but where better to get real world feedback and experience than from the BP community!
Thanks in advance for your input.