I have been contacted by an investment company that has offered to buy my home at the current list price with a lease option. I can't tell if the info is legit or if it is a scam. It really sounds too good to be true.
Here is the info that was sent to me. They also sent a very long Q&A document that pretty much answered any question I could think of. But I can't find any info on this company at all. I tried the BBB website, and I also tried to just google the company name, but nothing.
"I work for Dun & King Investments, a Real Estate Investment Firm. I
discussed your property with you on 4/8. We are willing to submit a formal offer to purchase the above-referenced property under a lease option for $114,900. All terms, including monthly payment, down payment and length of term, negotiable. Also, in our lease option deal, we pay all closing costs and we do have an option for guaranteed purchase. This offer will expire if not accepted on or before 5:00 PM, April 14th, 2008.
We can make the terms offer in three different ways. The first is for 1
year, with a purchase price of $114,900, a down payment of $1,500 and $700 payment per month. The second is for 2 years, with a purchase price of $119,000, a down payment of $2,000 and $650 payment per month. The third is for 3 years, with a purchase price of $124,000, a down payment of $2,500 and $600 payment per month. Also, Dun & King Investments will be refinancing certain properties in 2010, so if you sign a two year or longer contract, we can guarantee the purchase of the property. If you have anymore questions or if you want to move on to the next step please e-mail us anytime or call Mon.-Fri. 10 am to 4 PM."
I have requested a blank contract from the company so that I can have an attorney look it over, but I have not received it yet. If anyone is able to offer any help, I really appreciate it!!
Here is the info that was sent to me. They also sent a very long Q&A document that pretty much answered any question I could think of. But I can't find any info on this company at all. I tried the BBB website, and I also tried to just google the company name, but nothing.
"I work for Dun & King Investments, a Real Estate Investment Firm. I
discussed your property with you on 4/8. We are willing to submit a formal offer to purchase the above-referenced property under a lease option for $114,900. All terms, including monthly payment, down payment and length of term, negotiable. Also, in our lease option deal, we pay all closing costs and we do have an option for guaranteed purchase. This offer will expire if not accepted on or before 5:00 PM, April 14th, 2008.
We can make the terms offer in three different ways. The first is for 1
year, with a purchase price of $114,900, a down payment of $1,500 and $700 payment per month. The second is for 2 years, with a purchase price of $119,000, a down payment of $2,000 and $650 payment per month. The third is for 3 years, with a purchase price of $124,000, a down payment of $2,500 and $600 payment per month. Also, Dun & King Investments will be refinancing certain properties in 2010, so if you sign a two year or longer contract, we can guarantee the purchase of the property. If you have anymore questions or if you want to move on to the next step please e-mail us anytime or call Mon.-Fri. 10 am to 4 PM."
I have requested a blank contract from the company so that I can have an attorney look it over, but I have not received it yet. If anyone is able to offer any help, I really appreciate it!!
