This report details the nature, use, and enforcement mechanisms of an “Option to Sell,” also known as a “Reverse Option,” focusing heavily on its application within divorce settlements. I. The Reverse Option: Nature and Legality A Reverse Option is a rare but powerful contractual agreement where the seller retains the exclusive right to force the […]
I have done lease options for over 40 years and that’s a long time. I learned about options in general from the book “Nothing Down” with Robert G Allen. It was the mid-80s and interest rates were high and I learned a lot about seller financing and wraparound mortgages because the interest rates were so […]
Welcome to our course on options! We Love Options! For small amount of money, we can control property. We don’t necessarily own it. So an option to purchase means that you can, for a very small amount of money, control a property. If you put a memorandum or a performance mortgage against the title of the property, you […]