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Option to Purchase Package Rhode Island  Form

Option to Purchase Package Rhode Island Form

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Instructions and help about Option To Purchase Package Rhode Island

hey guys it's Paul and Jay and then I'm gonna be talking about option to purchase agreements what is it so um in in how like if you're gonna buy a house essentially like when you put in an offer usually you'll get seven to ten days of an option period you'll usually pay like 150 bucks uh where you can get out of you know if you put earnest money you could get out of the deal right and keep your earnest money for land investors option to purchase agreements um kind of work the same way but instead of seven to ten days a lot of investors will ask between three months to six months of you know putting that property under an option period and uh what they basically do is um they'll give like a hundred hundred fifty dollars for this privilege and later on they might pick it up so what they'll do is they'll market the lands in that process and if they get a deal they'll execute their option and pick up the property and u

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