Deciding the purchase price
The purchase price of the house can be decided at the time of signing the contract or at the end of the lease period, depending on the preferences of the buyer and the seller.
If the housing market is on an upward trajectory, you might want to lock in the purchase price at the time of signing the contract. In an inflated market, it might be a better idea to wait until the lease period expires and determine the purchase price based on the property’s current value.
