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Creating and Maintaining Land Trusts | Lease option /Land trust


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Craig
Warner Properties Inc

 

Lease option /Land trust

Wednesday, April 30 2008 11:24 AM

 

Randy, do you have the owner put the home into a Trust before you lease option the property to protect yourself?  I see you seperate the to ideas but you probally conbine the two principals together at some point don't you. If so at what point do you do form the trust?

Craig Warner
www.NY-IBuyHouses-Cash.com

REPLY

Randy Hughes
SFH Master Advisor

 

Re:Lease option /Land trust

Wednesday, May 28 2008 12:58 PM

 

Craig,

Sorry for the delay in responding to you. We had a problem with our Discussion Forum, but all is well now.

Yes, i do everything i can to convince the seller that it is in BOTH our interests that the property be placed in to a land trust FIRST...before we seal the deal.


Randy Hughes

REPLY

 

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