Answered

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Question #19 of 110

An investor does not want to be obligated to purchase a property but would like to have the right to purchase a property within 60 days for $300,000. The investor should try to negotiate:

A. a contract for deed.
B. an option.
C. a purchase agreement.
D. a purchase money mortgage.

Sagot :

GinnyAnswer

Final answer:

An investor seeking the right, but not the obligation, to purchase a property within a specified time frame should negotiate an option contract.


Explanation:

An investor who does not want to be obligated to purchase a property but would like to have the right to purchase a property within a specific timeframe for a set price should try to negotiate an option. An option contract gives the investor the right to buy the property at a predetermined price within a defined period, without the obligation to do so.


Learn more about Options Contract here:

https://brainly.com/question/33599413


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