You should be compensated several thousand for that if you're saving 6%, don't you think?

However, I would also like to receive some compensation from my marketing if a buyer I find chooses to buy immediately rather than doing the 1 year lease option.

Was going to see if I could buy the 2nd through my LLC (formed after using great advice here, thanks BTW) at a deep discount, and then obviously be compensated for the full $232k default amount at closing (have a potential offer coming in soon).

Any buyer would welcome that.In return you would like to be compensated for your efforts once they purchase the deals you bring them.This is many times refered to as being a "locator" or a "bird dog".I would also learn as much as possible from these individuals.

Other times I will offer a seller allowance which gives cash to the buyer at closing and I have also compensated the buyer by paying several months of their mortgage because of the higher interest rate a buyer is likely to have.Bottom line...

What kind of clause should I put in to compensate me in case they don't perform?

However, it does look like a cap on executive compensation for firms participating in the plan has gained approval by Hank Paulson.

A mortgage broker probably will not want this loan because their compensation is directly proportional to the size of the loan.

Thanks Michael, I could accept that kind of gratitude if I were still a cop or in the military, but I was well compensated in the oil industry.

I also do not buy in areas that lack a strong history of retail buyers unless I further reduce the price to compensate for a longer hold time.