I'm currently looking to buy a couple of adjoining properties in my area to develop.
I've heard of the use of options & presume they are a contract to tie up the property for a time without actually purchasing - is this correct?
Could someone explain some detail?
Where would I source a good contract?
How much would I look at paying the vendor for the rights?
Any one had experience/s using them?
Thanx
I've heard of the use of options & presume they are a contract to tie up the property for a time without actually purchasing - is this correct?
Could someone explain some detail?
Where would I source a good contract?
How much would I look at paying the vendor for the rights?
Any one had experience/s using them?
Thanx