Out of curiosity, would you take $100,000? If you would there is no reason not to show him the appraisal in my opinion. I always like to work with as much disclosure as logical as long as it is honest. With a land contract, which we don't see in the market place that much anymore there is a saying, your price, my terms, your terms my price. In otherwords. If you charged 6% interest, took a 10% down payment on $100,000 selling price, you would have $10,000 in pocket. If that was amortized over 30 years the principle and interest per month to you would be approximately $540.00 per month. If you were offering a balloon payoff in say 7 years, the prinicple reduction would have been subtracted from the $90,000 principle and the interest would be "income" . It would take an amortization table for us to figure that out and I don't have one with me tonight. If you want to talk about it, be glad to do that. Of course, you would want to make sure that the contract is written so if you have to go to court to get your property back because they are not paying for it, needs to be carefully written. The object then is to win and make them pay for your collection costs too. Sometimes it is like getting blood from a turnup. That is one of the problems with a land contract, when they go sour, it is a mess. And you eventually get it back but not in the same shape as when you sold it. Good Luck.