How to determine purchase price with rent-to-own house? - rent to own house contract
As a seller, if I have a house that has a current market value of $ 150,000 and offered me a lease to own for 2 years with $ 2,500 in cash. The house is valued at more than 2 years.
How do I determine the final selling price in the contract?
Sunday, January 17, 2010
Rent To Own House Contract How To Determine Purchase Price With Rent-to-own House?
3 comments:
You can do both! Can specify in the contract that you want the appraisal value at the end of the contract or to whatever they are now being sold, with the rent you pay for the next two years should be changed if it is lost.
Well, it's a chance that you are willing to reduce the risk. What happens if the market value and not down? And you? I suggest you get all the first time and for all instead of waiting out until the end of two years, because the conditions change, good or bad. So, you know everything that was written in stone against the value of the lower house and the buyer tried to break the contract. There is no excuse to withdraw from the contract, but if you're hungry then .... whatever, but as a buyer Gree not, unless I was stupid.
To get the current market value of your home, learn what has sold other houses in the surrounding neighborhood to know how many went, and compare the amenities, the house, and with your own four walls, except to repair something, and it is how to obtain the market value, or ask your real estate agent.
Take the Money and Run ... Do not Look Back ... unless you know for sure that values and go home, I will mean a lot ... everything under $ 10k is not worth the headache. Good luck.
Bad idea. not
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