Re: Newer Home 3/2/2 wanted on Lease/Purchase

From: ecopywriter
SP: 7
Date: 04/17/08
Time: 07:23 PM

Comments

The logic is money. All of the Leasee's money is tied up in the property (down & monthly). The Seller has no risk - if the Leasee walks the Seller gets all the money plus the house. Pretty one-sided there. And think of this - If you would have signed a Lease Purchase agreement with me 3 years ago (based on the value of your house then), who would be laughing now. Real estate is speculation. This market is going to continue to go down for the next 18 months. Then it will go up. It's like the stock market - If you don't have the guts for it, don't do it. That other guy is looking to rape someone over a house that won't be worth what it is today for another 3 - 4 years. He wants to take advantage of someone by justifying his upside/down logic. This is not the market for a seller dictating terms. That guy is a predator and an ass.