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Option contract??

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G

Grant-RTG

Junior Member
What is the name of your state? South Carolina

I am looking at a property in South Carolina to option, I think I can find a buyer for more then the sellar wants to receive.

Can someone point me in the right direction to a standard option contract? Or am I better getting one drawn up from a competent attorney?? Thanks

Grant
 


S

seniorjudge

Guest
"Or am I better getting one drawn up from a competent attorney??"

Yes, these are tricky. Ain't no such critter as a standard option.

But, alas, I am not sure what you are meaning: lease-option, installment contract to buy, what?

Do some searches on this forum and you will see the kinds of problems those instruments bring.
 
H

HomeGuru

Senior Member
Grant-RTG said:
What is the name of your state? South Carolina

I am looking at a property in South Carolina to option, I think I can find a buyer for more then the sellar wants to receive.

Can someone point me in the right direction to a standard option contract? Or am I better getting one drawn up from a competent attorney?? Thanks

Grant
Click to expand...


**A: I suggest you spend about 2 years studying about options first, before you attempt to do one.
 
S

seniorjudge

Guest
"**A: I suggest you spend about 2 years studying about options first, before you attempt to do one."

So, I guess you're saying that after 35 years of trying to figure them out, if I don't know nothing by now, I should just give up?
 
H

HomeGuru

Senior Member
seniorjudge said:
"**A: I suggest you spend about 2 years studying about options first, before you attempt to do one."

So, I guess you're saying that after 35 years of trying to figure them out, if I don't know nothing by now, I should just give up?
Click to expand...


**A: My post was directed to the OP, not to you. And you are correct about instruments. The instrument of choice for a hillbilly is a banjo.
 
S

seniorjudge

Guest
"**A: My post was directed to the OP, not to you. And you are correct about instruments. The instrument of choice for a hillbilly is a banjo." :D

Ah'm a-twangin' hit now!
 
H

HomeGuru

Senior Member
seniorjudge said:
"**A: My post was directed to the OP, not to you. And you are correct about instruments. The instrument of choice for a hillbilly is a banjo." :D

Ah'm a-twangin' hit now!
Click to expand...

**A: the second instrument of choice is a washboard, the third a jaws harp.
The 4th, a corncob pipe.
 
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