All Forum Posts by: Juliet Banks

when a tenant buyer comes along and say give you a $10,000 deposit for a property that you're lease optioning to them, what happens to the deposit, some people say it is yours it is nonrefundable,  but does'nt the end buyer expect that to be deducted from the sale price, and if so how do i make money, do i only hope the person does not buy the propperty so that i can keep the deposit,  how does it work, can someone please explain?

i'm very sure that there are many investors in raleigh, and they're doing closings for all sorts of deals like owner financing, wrap arounds, lease options, take over debt subject-to's, but yet i cannot find a lawyer who can close those deals, and i've done some calling, who are the lawyers that investors are using to close their deals in raleigh nc?

are they different from the forms used in other states, for example which form do we use for owner finance, is there a standard for all states? can anyone clear up the forms confusion for me and where do you get them

so i acquired a property under contract, found an end buyer willing to do a lease option, how do i structure the deal if there is still a mortgage balance , and who gets the down payment from the buyer, does the buyer make the payments to the seller, what exactly is my role? can someone please explain from the beginning of the deal to the end? thank you