what's the sale price?

Asked by S.y Johnson, Wed Jan 21, 2009

This question is about this property: http://www.trulia.com/homes/Washington/Lynnwood/sold/81670-5…

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Joe Loutsis,…, Agent, Kirkland, WA
Wed Jan 21, 2009
The previous sales price for that unit was $75,950 in June of 2004. They are currently asking $122,500 for a similar unit in that complex.

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Steve Halvor…, Agent, everett, WA
Wed Jan 21, 2009
A sale price to me would be the agreed price between a seller and buyer of a home, condo, land etc.

What i think you are looking for is the asking price and if you are buying a place rent or lease to own. You need an agreed sales price, monthly rent(some of the rent may go towards your downpayment if agreed to), the term or length that the lease or rent will be, for example 2 years. At the end of the 2 years and you still wanted to purchase the place you would move towards closing and transfer ownership from the seller to you the buyer according to the terms you agreed to at the start of renting/leasing.
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