5,773,392
Kennith,
This would take a book to answer. It depends on the deal and its structure, and it depends on the property...Sorry
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Carol Williams
Wenatchee, WA
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Sandy Padula & Norm Pa...
, CA
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Anthony Acosta - ALLAT...
Atlanta, GA
2,222,281
kennith Frazier that's a great question for a licensed mortgage broker.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Anthony Acosta - ALLAT...
Atlanta, GA
679,404
Too many ways to respond here. The options will be determined by the transaction. Each one is different.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
7,871,872
Options are common when the property needs to be rezoned before settlement.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
2,403,430
I never worked with options kennith Frazier and I don't remember anything about them on my agents or brokers tests.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
5,246,568
OPtions can be advantageous in commercial transaction situations. Not a good practice for residential.
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Nina Hollander, Broker
Charlotte, NC
2,785,606
Options are a potent tool for the wheeler/dealer investor...
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Debe Maxwell, CRS
Charlotte, NC
1,598,452
5,879,826
1,326,624
It depends on the terms of the option. The option might be a good deal for the seller...depending on the terms.
2,190,282
There are different kinds of options so I would need a more specific question. Options tie up a property for a designated period of time, restricting the owner from selling to another party until the option expires or is exercised.
1,728,867
As Ron and Alexandra Seigel wrote and it all depends on the particular cycle the market is in regarding the succcess of acceptance of an option.
3,350,764
1,507,073
469,510
Great tool for an investor - for residential or commercial. A down turning market is easier to get a seller to go along but it can be done in any market. Like Ron and Alexandra Seigel mentioned the ways to use options to ones benefit are many. My class (totally made up for you, I'm not an instructor) would be $500 for an hour. If you take me up on it - let me know and I'll get $500 worth of materials ready for you. Sorry in advance for being a wisenheimer. I couldn't resist.
6,426,255
Every deal is unique, sometimes it is worthwhile to tie up some properties with options.
5,117,178
5,258,996
Developers write option Offers to cover their time to perform their Due Diligence, ascertain that water/sewer are available, run plat plans by county planning, etc. As they move through each step, they pay another option fee.
Good luck with your studies.