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Mortgage Professor about purchase contract: | |||||||||||||||||||||||
Lease-to-Own House Purchases
20 September 2004, 3 October 2005 Postscript What Is a Lease-to-Own Purchase? A lease-to-own house purchase (also "rent-to-own purchase" or "lease purchase") is a lease combined with an option to purchase the property within a specified period, usually 3 ... more... Buy First or Sell First? October 6, 2003, Revised May 4, 2005 ?I currently own a home which I would like to sell, and then buy another. What is the best sequence of steps in this process?? The situation you want to avoid is giving up your existing home before you can move into the new one. ... more... |
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purchase contract related definitions |
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Agreement of Sale
Agreement of Sale A written signed agreement between the seller and the purchaser in which the purchaser agrees to buy certain real estate and the seller agrees to sell upon terms of the agreement. Also known as contract of purchase, ... more... Lease With Option To Purchase Lease With Option To Purchase A lease under which the lessee has the right to purchase the property. A Lease Purchase Agreement is usually two separate agreements between the parties: a Lease Agreement and a Purchase Agreement. The Lease Purchase shows a definite tenant's ... more... |
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More about purchase contract Top Tips from Real Estate Author Mark Nash for Negotiating a Home Purchase Contract Unravelling The Real Estate Buying Process in Canada Escrow From a California Homeowner's Perspective Buying Country Acreage and Rural Properties, To Buy or Not To Buy Understanding Real Estate Terminology How to Make a Purchase Offer on a Home for Sale by Owner Top Ten Tips when Buying Real Estate! Key Terms to Know When Buying a Home Buying New Construction...How Do I Begin? Buying Spanish Property What Happens Once You've Agreed Your Price? Some Very Important Points
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