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Updated about 15 years ago,
Best contract to use for a newbie?
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.