You'd put down a non-refundable deposit (part of the eventual down payment) and then rent the house/unit until either the strike date on the contract or the person purchases the property prior to the strike date.Once the date comes, you would enter a PA (fully execute the lease agreement) and sell the house.

Now if you are already including an annual deposit to the replacement deserves that you think will fully fund the needs over the term, then that's all you need.

Rent was deposited into our mothers estate.

In addition to the actual costs of physically moving their household goods there is the need to once again save up for 1st, last, deposit(or combination thereof).

One pays every six months, another direct deposits on the fifteenth and another mails the check on the first.

I think Jon is right that if they want to leave, they are going to leave and the lease does little to protect you from that other than keeping a deposit, which isn't that big of a deal.

I also like the idea of getting a sizable option deposit, receiving rent and transferring maintenance to the tenant buyer.

As I said, I offered to help her find a more affordable place, release her from the contract, help her move, and expedite the return of her security deposit if she would just move, but she refused.

This was for a purchase of $180,000:Home inspection -$535Appraisal fee - $435Origination fee - $899Homeowners insurance(first year) - $8091st quarter property taxes -$1,163Initial escrow deposit -$1,365Title insurance - $532Legal fees - $700Government recording charges -$470There were a bunch of other miscellaneous little charges, but these were the most substantial.

Has anyone ever disclosed closing costs to an end buyer who has not signed your assignment contract, or put down a deposit with the title company?