Lake Martin Topics: That depends

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	Name:	Kizma Anuice -
	Subject:	That depends
	Date:	7/21/2009 10:24:18 PM

Your are really entering into two transactions. First, you are purchasing the improvements to the raw land. Second you are assuming the lease.

That being the case, you must decide if the price being charged for the improvements is a fair price. If the price of the improvements is not fair you should walk away. If it is fair, then you move to the next decision.

Is the price paid for leasing the land a fair price. Normally, in the past it has been more than fair. That is because the monthly payments are determined by the value of the property being leased. If there is no escalation clause in the lease, and the price to purchase like property has increased then the lease is a good deal if there is sufficient time left.

If, as has been the case for the last two years, the price for real property is falling and there is no clause in the lease that would reduce the payments if the value of like property declined, then a lease is a bad deal.

Other messages in this thread:

View Entire Thread

Leased Property - suzyq - 7/21/2009 8:46:01 PM

Leased Property - Maverick - 7/21/2009 9:18:07 PM

Leased Property - lucky67 - 7/21/2009 9:24:39 PM

That depends - Kizma Anuice - 7/21/2009 10:24:18 PM

Leased Property - answers - John C - 7/21/2009 11:04:04 PM

Leased Property - answers - suzyq - 7/28/2009 7:46:34 AM

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