Generally if you choose to exercise your option and purchase the home, this fee counts toward your down payment, whereas if you do not exercise your option, ...
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25 Sep 2017 ... Most people use the money toward their down payment. However, if you do not purchase the home, the seller keeps the option fee. Since the ...
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3 Jan 2018 ... The good news is, these days you no longer need the traditional 20 percent down payment that was required a few decades ago, and interest ...
4 Nov 2019 ... At any time, you can convert those equity credits into a down payment to purchase the property. You can also choose not to buy the home after ...
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