My up date

[Marion Cornthwaite]

 

Hi Everyone, this is a great idea, well done Jade!

 

This is Marion here from Hastings (work...@paradise.net.nz)

 

So far I have spoken to a neighbour who is a Mortgage Broker (calls himself the 'yes' man!), he gets a lot of people who he can't help or they turn him down because of the high  interest rates.....I have suggested to him that he might point them in my direction, and once they have sorted themselves out and got to a position where they want to take up their option to buy, I can send them back to him again for their mortgage.

 

Another neighbour's mother has had a stroke and will not recover enough to be able to go back home - what does she do with her house? She doesn't want to sell it, its a loved family home built by her and her husband 60 years ago. Would you want to rent it out not knowing if a tenant will look after it? Perhaps not. Leave it empty? No. They are not quite ready yet to focus their minds on the house issue, but I see an ideal solution where we could do a sandwich lease option, where we might, say give a minimum time of two years before we could take up the option, put a tenant buyer in there who, because they have a vested interest in keeping it good, will take care of it - they don't need to worry about maintenance etc - why would you not do it?! Will keep you posted on progress......

 

The other thought I had, and I have asked Dean about this is - whats to stop your trading trust from taking a lease option on a rental from your LAQC (we have a rental we not too enamoured with) and putting a tenant buyer in that? I need to get further advice on this but I will let you all know when I find out.

 

Love to know what you're all doing, we can all help each other.

 

Regards, Marion Cornthwaite

[Mike Leitch Heggie]

Hi Marion thanks for the update and I like the ideas you have. I may have missed something as I had e mail problems early in the week.

What is this LeaseOptionsnz@googlegroups all about.

Also if you have been sent the e mail list could you possibly send it on to me please.

Thanks in advance

 

 

 

Kind regards

 

Mike Leitch-Heggie

e mail: mik...@xtra.co.nz

[Jade Wood]

Hi Mike,

We haven't distributed the email list so that's why you haven't
received it yet. But if you'ld like to contact everyone, all you need
to do is send an email to LeaseOp...@googlegroups.com and hey
Presto!, you just sent a message to everyone who wanted to hear from
you.

Ta, - Jade.