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Rehabbing, Landlording Forum
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Lease Option Vs. All Inclusive Trust Deed
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rmart81
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Lease Option Vs. All Inclusive Trust Deed
«
on:
October 09, 2009, 03:28:01 PM »
So Im pretty familiar with the lease option (as Ive been in one before). Does it differ from an all inclusive trust deed? Is the Eviction Process the same or are there any major differences? Thinking about setting one up in Utah but if I need to evict I dont want to be stuck with a bad tennant I cant get rid of.
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"Leadership should not be a burden, but a Privilege." Dr. Martin Luther King, Jr
herbster
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Re: Lease Option Vs. All Inclusive Trust Deed
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Reply #1 on:
October 09, 2009, 07:56:38 PM »
An AITD(wrap) is a mortgage wrapped by a mortgage. If you want someone out quick use the Lease Option. Herbster
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Nick Brian
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Re: Lease Option Vs. All Inclusive Trust Deed
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Reply #2 on:
October 10, 2009, 08:50:15 AM »
Why they are bad tenant? Have they done anything against the contract? Whatever follow your contract and discuss it with your agent.
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