| wasting your time.
Remember if a tenant/buyer wants you to hold the property, they have to leave a deposit. Be sure to give them a receipt for the deposit. This form is in your contract package, explain your procedures on this. Deposits are not refundable unless the tenant/buyer does not qualify. Changing their mind is not an option, since you have removed the property from the market to any other tenant/buyers.
After the credit check and application process is fulfilled, you call your seller to tell them you found a tenant/buyer for their property, and then set up a meeting time with your tenant/buyer to process the paperwork. Assign the property and cash your check.
Ain't lease purchasing a wonderful |
