Posted by: Joel ®
02/02/2005, 20:32:01
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I'm new to RTO, but isn't agreeing to a future price based on appreciation part of what RTO or lease/option is all about. I understand that the prices may fall, but I have to assume that they will rise. I don't think that what Doug suggested is over inflating the price. We are asking for that price 2-3 years into the future. Nobody is psychic but I would rather say to a tenant buyer I think that the price will increase by 15% in two years so here is what your option will be, rather then I think that the market will go sour so in two years you can purchase it for less then what I paid. If the purchase price is too great in two years can't you offer to extend the term and give the buyer a break. Or worst case if the tenant/buyer can't make the deal happen at that future price when the time comes he'll/she'll have to walk away. Now you go and find another tenant buyer. Is there something wrong with this? Thanks,
Joel
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