Can a probate property be purchased as a 'lease/purchase' where the seller holds the mortgage?
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
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Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
You can participate in a lease purchase with a property in probate, but there is more risk to you if the owner that leases to you turns out to either not be the owner, or has excessive liens filed after probate. Remember, in a lease purchase you must secure your own mortgage when you execute the purchase option.
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