As far as I know there are no extenuating circumstances for Lease/Options in MS. Feel free to read the archives, do a search on Lease/Option. You’ll get an idea of how they work, and why. If you have any more specific questions, feel free to ask on here.
Iâ??m trying to help out my sister inlaw. They live in South Haven Mississippi but husband has recently been transferred to Atlanta. Last year they bough a house that theyâ??ve put up for sale. It looks like they may be losing some money on the sale as they overpaid and the market is soft.
They did get a call from someone who was interested in doing a lease option. Of course I was called for guidance, but sadly I know nothing of lease option techniques in Mississippi.
Could someone please post details about the ins and outs of LOâ??s in MS?
very good advice from Marcos. I dont believe Miss has any real impediments to doing a lease purchase sale. It is one of the best ways to get a property to move quickly and into the hands of a buyer. It has some caveats to make it work best, and it has a downside for longterm use. But you owe it to yourself and your SIL to check it out.
peace,
David