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hi thanks again for your replies.
Deanne, could you please explain the process of how to on sell your option at a higher price?
Paul, you have definitely opened my eyes to the legalities involved, I’m very grateful you took the time to send me those links.
Does anyone know of someone who is well versed in structuring lease option contracts in N.S.W.?
thank you for the replies,
so if were to enter into an option agreement I couldn’t seek out buyers myself?
and hypothetically could I enter into a long term agreement where I also manage the property and move in, and structure the deal where a % of my “rent” pays a premium to the original owner and a % goes towards the original strike price set on the deal, kind of like a rent to buy type of deal with myself?
Hi all, I just signed up to property investing and just found this post sorry I’m late! thanks in advance for any replies.
I noticed Terryw said “Incidently the owner would be in breach of their mortgage agreement if they allowed a caveat to be lodged” does this mean if I were to enter into a “lease agreement with option to buy” with someone still in a mortgage agreement (and can this be done?) would I be at risk of them refinancing seeing I cant lodge a caveat?
