Residential Lease with Purchase Option

[Tim The Enchanter]

Not AL.

This is not an arm's length sale. The buyer and seller have a business relationship as tenant and owner.

But if you give an OMV above contract as sounds likely, who is gonna complain?
Nobody! Finish job, get paid, move on.

 

[Meandering]

Not AL.


But if you give an OMV above contract as sounds likely, who is gonna complain?
Nobody! Finish job, get paid, move on.

The lender will complain, if,

the buyer can escape PMI, because they will have automatic equity with a below market purchase price.

.

 

[Ranch Hand]

I went with non arms length; disclosed and explained all of it. No impact on my opinion of value. I learned tons, thanks all.