Recording an Option to Purchase - Posted by Todd

Posted by Todd on March 21, 2008 at 15:04:16:

Thanks for the response. How would the option help when the “buyer” seeks FHA financing? Is it still feasible?

Recording an Option to Purchase - Posted by Todd

Posted by Todd on March 20, 2008 at 18:42:21:

I am negotiating with a seller to grant me a 60-day option to purchase their property. My question to the forum is do I record the option then assign it or don’t record it, assign it and then record it at closing. Please advise.

Re: Recording an Option to Purchase - Posted by Steve

Posted by Steve on March 20, 2008 at 20:28:51:

Todd-

I don’t think you need to record it with only a 60 day option period. Just assign it, collect your fee and your done. Let the seller and buyer close.

Re: Recording an Option to Purchase - Posted by Todd

Posted by Todd on March 21, 2008 at 15:10:29:

Does anyone know where I can get a good straight option form?