Prepare to invest a month reading and digesting it though.

There's a lot to digest in the fine print.Many Americans will not be able to file until after Feb 15 because the forms to itemize will not be available until then.Many more tax preparers will be required to e-file returns.

Second, there's the option, which I'd just explain as a post-dated sales contract, with the only difference being that you're not obligated to close on it.If part of your lease goes toward the sales price, that should be easy enough to explain, too.Perhaps you should consider writing up a one- or two-page document that simply discusses this transaction so that the person can digest it at their own pace.Do you feel that you're losing deals because people just can't get comfortable with the transaction?

So, the Reader's Digest version here, at least from my point of view, is that assumption of a loan -- especially in an institution that has a credit policy manual as big as an Oxford Dictionary -- is unlikely at best.Please let us know if you discover otherwise.

Wow sorry I couldn't digest - too much info.

I expect this will bring on another round of questions, I'm still finding this difficult to digest after the 2nd reading :-0

The invaluable information that they provide should be carefully digested as it comes from the ultimate litmus test - experience.Those of us who are still to roll out a business plan have the theoretical components in place but require focus.

The mortgage industry is still trying to digest all of the softball tax credit OO loans right now.

There are many places in your post that I need to further digest.

three - I don't think you're going to fill a niche that BP doesn't, or improve on it, without fully digesting the entire content and the content of any competition - really doing your research!