Thank you to those that have answered this question, already. My wife posted it earlier today while I was at work. Some people that have responded (realtors/real estate agents) have asked "Why do you want to lease to own?" as if buying outright makes better sense. I agree, IF we were qualified to obtain financing from the traditional sources. I'm 48 yrs. old, a paralegal working at the Shipley Law Firm and here are the rest of the cold, hard facts: My student loans have killed my credit score (350); my wife has a 715. I work, she doesn't. My income is in the $40-50k range. She has none. Her credit is all recent with nothing over a year. She is from the Philippines and it took us years and thousands of dollars to get her to where she is at after four years. I will be a law student next year. So, I have the income with horrid credit rating, she has the credit rating with no income (other than imputed) and no credit history. To top it all off, we cannot manage more than $2k down without destroying what we have built. We don't want to borrow just to borrow. Oh, and my employment at the Firm is recent. Even though I have been in the business for 20 years. So, we have everything stacked against us. On the upside: we are practically debt free (other than my student loans), have expendable income, great employment and her great (new) score. We don't want to ruin her rating by constantly applying and having her credit inquiries ruin her rating. We prefer to pre-qualify or - ta da lease to own. There's our answers. Anyone that knows the Shipley Law Firm knows that we have the best in Real estate departments. I do the family law.