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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Pogeu Mahone who wrote (63433)10/7/2006 1:19:29 PM
From: TradeliteRead Replies (1) of 306849
 
Have a hard time wrapping my mind around your opinion, but that's OK. I said upfront that lease/option stuff isn't for every seller or every renter/buyer. Probably works best for an owner who has a lot of equity and a renter who likes the place enough to put up some nonrefundable option fee money and wants to own it later.

As for the renter thinking he's getting a good deal because he's not paying the owner's carrying costs....doesn't compute for me. But probably there is a good reason why the person in question likes the place and likes the amount he's paying. We'll let it go at that and assume everyone's happy, which actually should be a goal in every real estate deal.
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