The up-front costs of rent-to-own are punishing enough, much more than "key money," and the premium you'll pay in rent is staggering. Then, when it comes time to actually buy the house, you're likely to find that it's not worth what you agreed to pay for it in the first place. Or even, worse, you find that there are much better houses out there for you to buy, but you're stuck in this one.
Rent now, buy later.
All the best,
The 3bd 2ba home rentals start from $2,150 and the purchase for 3bd 2ba homes start from 329k.
I specialize in Over and Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify for programs, rates and terms as necessary. You only need ONE YEAR from a BK, short sale, foreclosure or deed in lieu cause due to the economy. Do you need RENT vs BUY listings emailed to you to study and compare? Here are some links to study and consider that I offer in RENT vs BUY options.
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I put a link in the web reference to all of the home that are either for sale or rent, in San Marcos, in the web reference below.
J.R. Thrasher http://www.SanDiegoRealEstateVeterans.com
I'm sorry you're having so much trouble with finding the right property to rent or buy. I'm a Realtor here in Southern CA and can help you find the right living situation. Just let me know.
Century 21 Award
All of that is forfeited if you do not, or cannot, buy the home for any reason.
You lose it all.
Only the amount of rent over and above the usual rent is applied to the purchase should you buy the home.
Most consumers really have no idea what is involved in this kind of arrangement.
If you don't qualify now for a loan..better be darn sure you will qualify at the4 end of the term.
Also, you will have an extremely limited selection o9f homes.
is that really how you want to attempt to buy a home?
Rent for now.............buy when you can do so in the traditional manner.