Daniel: part of the answer to your question involves why you need the 500,000 of insurance on your life.

This is a professional business were involved in.

Hi everyone, I've done a few deals but never one involving an owner contract.

If your friend is considering getting into a business where he has no experience the odds of doing well are low.

The agents involved might end up taking a note (IOU) for their fees, to be paid when the tenant/buyer actually buys.

They explained that with buyer and seller involved the fee is twice as much.

As I am certain you know, there are many factors involved and I would have to believe that a market strategy would be relative to the particular place in the market where the home fits.

This pricing might not be all that bad depending on what they had to do to the line to move it and work involved."

A lease nor any option is required to go to any title company for settlement, just underlines the fact that people don't know what they are doing and think they are spreading the liability in such dealings by getting others involved.

I'm the odd man out on this one.