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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (63426)10/7/2006 11:09:25 AM
From: TradeliteRead Replies (1) | Respond to of 306849
 
A lease with option to buy is just that. Agreed upon in advance is that some or all of rent will be credited toward eventual sales price. Eventual sales price can be determined at a later (or much later, if desired) date via an appraisal or a combination of appraisals of current market value.