Re: Newer Home 3/2/2 wanted on Lease/Purchase

From: interested bystander
SP: 7
Date: 04/17/08
Time: 05:08 PM

Comments

It's been fun watching you two go at it trying to outshout each other about the merits of lease to buy. Actually both present good points however, if I had to judge I would say that to establish a sale price on a house which will take place 3 years from now is not very realistic. Nobody knows if the prices are going to continue down or start back up, the later is most likely in 3 years. As such to have your rent accumulate for three years on a house that is likely priced on the side doesn't seem fair. If the house decreased in value you would have the option of walking away from the deal. Seems to be something missing here to me, like logic Just one persons opinion..........