Seller Keep The Options Money

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What if the buyer can not secure a loan during the time of lease?

Seller Keep The Options Money

If the house fails to sell after the lease expires due to a reason on the tenant/buyers part. The seller gets to keep the options money put forward by the buyer to lock the agreement into place. It may be worth it to the seller to hang onto the property for longer then expected, if the market changes for the better over the year.



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