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How to determine purchase price with rent-to-own house?

As a seller, If I have a house that has a current market value of $150,000 and I offer a rent-to-own for 2 years with $2,500 down. The house will be worth more in 2 years. How do I determine the final sale price in the contract?

Public Comments

1. Bad idea. don't do it
2. Well that's the chance that you're willing to risk. What about if the market value does down??? Did you think about that??? I suggest you get everything out of the way first and for all rather than wait til the end of two years because conditions change, good or bad. That way you know everything will be set in stone versus if the house value goes down and the buyer trys to break the contract. There's NO excuse to retract the contract, but if you're greedy then....whatever, but as a buyer I would not gree to it, unless I was stupid. To find out the current market value of your house, find out what other houses in the surrounding neighborhood sold for, how much it went for, and the amenities that house had and compare it to your own house, minus anything that needs to be repair and that's how you get market value or ask your real estate agent. Take the money and run...don't look back...unless you KNOW for sure that they house's value will jump and I mean a lot...any thing under $10k is not worth the headache. Good luck.
3. you can do two things! you could state in the contract that you want appraisal value at the end of the contract or you could sell it for what it is worth now, with the rent you are charging for the next two years it should even out where you don't lose.