Best contract to use for a newbie?

[Eric Taylor]

Before I look at my first house I wanted to know what everyone thought about the best contract for a newbie to use. I was thinking about using a lease option contract so I could have more time to market the house as well as allow the homeowner the security of being able to market the house while i try to sell it. In the contract I would include a right of refusal. My question is, How often is this used and how do most homeowners feel about this method? If not then I will probably just do a straight assignment contract. I really want to keep it simple for my first few contracts. Any suggestions?

Thanks for any help provided.

[Brian West]

Actually I would probably do just an option, if your trying to flipp the property, if your going to hold onto it for a while then a lease option, it also depends on how you try and sell the property, are you going to sell it on lease option? Sell it out right or?

Just depends on what your trying to do, you can also do a subject to. There are all kinds of simple yet effect ways to do this, it really depends on you the property, and how your going to sell it.

Lease option it seems around here a lot of home owner I have to explain it to though it is an up and coming things, real estate agents are not a big deal they under stand.

Brian