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Lease Option Assignments in Tennessee Without a License Form

Lease Option Assignments in Tennessee Without a License Form

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Hey, it's Joe Crump and welcome to my new question and answer video series. Over the next few weeks, I'm going to be sending out some videos that are answering questions that you guys have sent to me and help you move forward in your real estate investing process. This first question is from Julie Otten who I believe is living in Norway. She's an American living in Norway doing business here in the United States, at least last time we exchanged emails. She says, "I have a signed lease option agreement with the seller. I intended to find a lease option buyer but I may have a cash buyer. How do I get paid legally? For example, the seller wants $145,000. I had the sale price listed as $149,000 so that I could take my lease option fee off the top and get the seller $145,000. Do I ask the cash buyer to first write me a check for $4,000 and then a separate check to the seller? How does this fit in with closing the property? I have no agreement signed that sta

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