Hi; can I set an option price to be the greater between: a fixed price, or appraised value in Y years (Y = end of the option period)?

(it makes a difference trust me)Return phone calls promptly within an hour if at all possible.Don't be afraid to tell people the truth last thing people want is a Realtor to say sure we can list it for your price (and you know its high) and have it sit on the market. looks bad for you and them.If you can show up at showings prior to, to let people in. I

Looks like this has been well covered, but I'll throw my 2 cents in. I

I have began looking at condos on auctions because there are no MLS deals at the moment and the inventory is so low that I have begun looking at alternative places to invest in. I

Not putting up EM until Lender Approval, to me is the same as not putting it up, as you could walk upon lender approval, again maybe 90 days in. I

@Kenneth Shelley Thanks for checking in! I

I have experience with renovating properties, as the first 2 homes I bought were fixers (one I lease now and the other I live in). I

Now my concern is my EMD of $1000 and the possibility of losing it because of some idiot in Atlanta that cant even see that the contract we sent in is done and not missing any info!

Thanks again for weighing in, I appreciate your point of view, as always!

I love lease options because they can be done almost anywhere from anywhere, in every state I work in I always use the association of realtors lease agreement to make sure I am following all of the laws of the state and it allows me to build trust with real estate professionals. there is another form from the same place called Option to purchase, my have different title in different states.