Purchase Agreement Termination Letter
Purchase Agreement Termination Letter
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for £1 using a Purchase Option Agreement Step 1: Find a motivated seller Someone who cannot sell because of negative equity, high mortgage payments or a slow market. These are the people who care more about solving a problem than getting a big lump sum today. Step 2: Agree the purchase price now You lock in the purchase price at today’s value. Example, the house is worth £150,000. You agree to buy it for £150,000 in the future, but you do not pay that today. Step 3: Pay the seller £1 for the opt
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