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From: Miakat .
Hi all,
Here's the situation. I have a client who really wants their own house. Currently they cannot get bank finance due to a poorly performing business. They are trying to get rid of the business at the moment, so I can see that in five years time, they might be able to get their own finance.
My question is: Would this be a scenario in which a Lease Option would work best? I know how the wrap (installments) work but haven't heard much about the lease option scenario.
Help would be appreciated.
Mia
Hi all,
Here's the situation. I have a client who really wants their own house. Currently they cannot get bank finance due to a poorly performing business. They are trying to get rid of the business at the moment, so I can see that in five years time, they might be able to get their own finance.
My question is: Would this be a scenario in which a Lease Option would work best? I know how the wrap (installments) work but haven't heard much about the lease option scenario.
Help would be appreciated.
Mia
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