Ohio Lease with option

2 Replies

I currently own a home and im rentimg it out. Tenants are on board with Rent to Own and have already  received an appraisal. I would like to be done with the home and im looking for an exit strategy that benefits me. I currently owe 82k and the appraisal came back at 83k. Tenants offered 60k as is. (Home needs some repairs). 

What is a good exit stargey here? Thanks for your responses.

@Remington Lyman thank you. Im certainky not trying to leave any money in the deal. I plan on counter offering. The original lease is up in may and I was planning on increasing rent. Is it feasible to offer them a price that, with the higher rent, can be reached by the time they purchase the home at the end of the  3yr contract. 

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