I know a South Jersey investor who owns some rental properties in Delaware due to the stark differences in taxes.  

In both instances, the intrinsic value will be the same at the point in time the option is sold.As for the optionee petitioning to annul the option, the full fee - minus any legal costs associated with (de)registration and processing the release - would be refunded (we would not reduce the amount by the time value expended ... this was suggested by counsel for simplicity).    

We can talk about what it might cost if he has to do D, E or F, but unless we do a change order for D, E or F, I expect that I will never pay more than $X.Unless it's a time and materials contract, why would I want to be given a range of prices for a specific set of work? 

Basement, .25 acre, oncul-de-sac, off-St parking for 3-4 cars, no garage Purchase Price: $148,500.00 w/ 25% down 30 year Mortgage: $111,375.00 at 4.875% Taxes: $5,400.00 Insurance: $800.00 Repairs: New Appliances, Paint, Refinish Hardwood Floors, Update bathroom toilets/vanities, Replace Gas Boil.

Ask them if they're de-scented.

That should be part of your de diligence requests in your purchase contract.

Originally posted by Wendell De Guzman:Remon Rasho I use Zoho as a way to track my offers, who I talked with, etc.

i got my first house on a tip from a co-worker who lived on that same cul-de-sac street.

Will allow de-clawed, spayed/neutered, FEMALE indoor cats (males tend to spray urine all over the house) and dogs on a case by case basis.

Another option is to force a de-conversion, I'm not familiar with the condo laws in Georgia, but most states have a clause in the condo act law that allows for a building to be converted back to an apartment building.