Have a mortgage broker involved at the outset. If the mortgage broker reviews your potential buyerâs paperwork and feels that he or she will be a good candidate to buy the house in two years, you can feel reassured that youâve done everything you can do to ensure a successful rent to own transaction.
The formula for calculating the Inflation Rate looks like this: ((B-A)/A)*100. Where A is the Starting number and B is the ending number. So if exactly one year ago the Consumer Price Index was 178 and today the CPI is 185, then the calculations would look like this: ((185-178)/178)*100.
Real GDP, on the other hand, takes into account the effects of inflation and deflation. For example, the nominal GDP of a country was $800 Billion in 2011, but this year the countryâs GDP is $840 Billion and shows an increase of 5%. The countryâs inflation level is currently at 2%.