There are rent to own homes out there and I recommend doing a lot of research before getting into one of those. The ratio of people that actually close on them nationally is 10%. It is not a good ratio to have and each individual case is different in what it will ask of you the buyer to put as a down refundable down payment.
Then you have issues with what if the house does not appraise at the agreed upon price in six months or a year? I am always a little leery of them and do not recommend them to my clients at all....
Helen Adams Realty
Yes, there are many rent to own homes being offered at this time. You might want to read the Trulia Real Estate Blog: What are ways to make sure I don't get scammed in a rent to own home? If you appreciate an answer, please give thumbs up. For the most helpful answer, please say thanks with a best answer click.