Rent to own can be a great option. Would recommend prior to the signing an agreement and giving of any monies, you contact an attorney to have a proper title search performed on the property. Reasons: to make sure the selling/leasing party has the right to enter into such contract/being the owner of record. Second: to verify the mortgage status (foreclosure, etc.) third: land description matches what youâ€™re attempting to buy. four: this will also verify that all property taxes have been paid up to date and you can even see the paying history of the current owners (paying on time or late) fifth: have the attorney advise on the contract your about to sign.
I would also recommend contacting a licensed South Carolina Realtor to assist in the process of giving an estimated value on the property as for your not wanting to enter into a contract to purchase something that will not appraise for the value.
Most important: stay within your budget as for I have found that many people love the idea of living in an area or home, and therefore will agree to whatever it takes to find themselves in trouble as time goes forward.
In closing, feel free to contact me if you have any further questions by visiting http://www.ameripriderealty.com