I would love to have it though...I could use the exercise!!

I JUST DID MY FIRST SUB2 DEAL AND LEASE/OPTIONES IT OUT 5 DAYS LATER FOR A PRETTY NICE BACK END (IF THEY EXERCISE THE OPTION IN 18 MONTHS).I THINK WE'LL ALL AGREE THAT REAL ESTATE INVESTING IS GREAT BECAUSE OF THE DIFFERENT METHODS AND OPTIONS.EDUCATION IS DEFINITELY THE KEY.

The amount of premium you pay over rents, whether you pay an upfront "option" fee and how much it is, whether you pay a lump sum deposit upon exercising the option...totally between you and the seller.It might be easiest to estimate a purchase price -- try to agree on a timeline and whether the market will go up, down, or stay the same in your area over that time.

When Major Disasters occur it creates fear and fear will cause folks to move this can be good or bad for your investments.I use http://www.fema.gov as an aid site to determine areas to avoid for my future investments.Let me give you an example:State of Missouri research has showed me by looking at Fema's map service in regards to tornado's for example that I may want to exercise caution in the western and northern areas of Missouri.

Governments never give up a power once they've gotten the ability to exercise it.

A simple way to do this exercise is to check out the property analysis tool on this website and plug in all of the numbers.

What if the person signing the purchase contract to buy from you is unable to exercise?

I'm not an expert at options on homes by any means,but I hate to see your question just sitting here unanswered.By "double closing" you mean that you exercise the optionand buy the house, but at the close you bring *your* buyerto the table and they actually buy.The easier route, it would seem to me, would be to sell theoption outright to the new buyer.

next....we are ready to exercise the options...... my option with the seller.....and the option with my buyer....how is it handled at this pont and by whom?

For example I can talk about Mortgage Fraud without having to explain what Mortgage Fraud means.Well, moderators would still be able to exercise discretion.