住宅房地产中传统抵押融资的替代方案:租赁拥有和契据买卖合同

IF 0.9 Q3 BUSINESS, FINANCE

Quarterly Journal of Finance Pub Date : 2020-11-19 DOI:10.1142/s2010139221500075

M. Park

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引用次数: 2

摘要

由于最近的金融危机收紧了获得抵押贷款的条件，住宅房地产的租赁到拥有合同和契据买卖合同在潜在的购房者和卖家中越来越受欢迎。在本研究中，在分析了契约中嵌入的期权之后，我运用期权理论的方法建立了契约买卖合同和租售合同的估值模型，可以用来确定均衡月供和均衡首付款。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Alternatives to Traditional Mortgage Financing in Residential Real Estate: Rent to Own and Contract for Deed Sales

Due to the tightening of conditions required to obtain a mortgage loan following the recent financial crisis, the rent-to-own contract and contract for deed sales for residential real estate have become increasingly popular among potential home buyers and sellers. In this study, after analyzing the embedded options in the contracts, I use option-theoretic methods to develop models for valuing both contracts for deed sale and rent-to-own contracts, which can be used to determine equilibrium monthly payments and the equilibrium down payment.

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来源期刊

Quarterly Journal of Finance BUSINESS, FINANCE-

CiteScore

1.10

自引率

0.00%

发文量

期刊介绍： The Quarterly Journal of Finance publishes high-quality papers in all areas of finance, including corporate finance, asset pricing, financial econometrics, international finance, macro-finance, behavioral finance, banking and financial intermediation, capital markets, risk management and insurance, derivatives, quantitative finance, corporate governance and compensation, investments and entrepreneurial finance.