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Asked landlord friend I rent from to include in rental agreement to offer us house first if they go to sell. It's that time. Now what?

  • Thread starter Thread starter /u/rivertpostie
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/u/rivertpostie

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I have no clue what I'm doing. I'm new at money and certainly never owned a home.

My landlord buddy just renewed our year lease and did the chill thing of letting us know they need to sell at the end of the lease to about complications.

I know they bought in 2021 and what they bought the house for. So, I straight up asked (knowing they had around 3% rate) if I could just take over the mortgage. They said it's 2.7% and they're agreeable to but they don't know anything about it.

Is that even a thing?

How do two newbs come up with a healthy agreement that makes sense? Is it a known process I can get help with?

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Asked landlord friend I rent from to include in rental agreement to offer us house first if they go to sell. It's that time. Now what?
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