When you rent with an option to buy or rent to own, usually only a portion of the rent gets credited towards the purchase so that might not be the best way to go. Typically, you simply need to sell the coop first, then buy. You can certainly start looking but why incur the additional expense of renting when most certainly you're already paying maintance charges for your coop. If I can assist you, please feel free to contact me.
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
You should weight the listing price with the repairs that are needed to the home. If the work was completed, would you have more money in the home than it is worth? Does the listing price reflect the work that is needed? Are there features in the new home that you really desire? If it is worth it to you to set forth for the new home- then go for it!... more