This is certainly a personal decision, but with 2 dogs and 2 cats, my guess is your options for renting will be limited, unless they are all real small. Home prices in Tucson have started to move up in most neighborhoods. It is probably a good time to buy. And, by the way, depending on your financial situation, there are many options for putting down less than 20% to purchase a home.
Minette Goldsmith, your Tucson Mortgage Loan Officer at V.I.P, Mortgage, Inc. 520-975-3909
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Jeff has all good suggestions bit it all comes down to what is important to you. Is moving a need or a want? What is your time frame? Betting on rising prices when you are still paying a part of the expense is usually a bad decision. Possibly a HARP refinance would get you a lower payment so you are not coming out of pocket each month. But check with a lender to see if you can buy another place if you rent this one out. If you want to sit down and discuss, just let me know.... more
As the others stated, if you want to search the MLS for lease option or lease purchase, you will need an agent to do that for you. Don't expect to find many of these on the MLS (my search this morning found only eight) because most agents aren't familiar with them.
Your best bet is to call rental and FSBO ads from Craig's List and other sources and just ask them. Establish some rapport first by asking them the basic info on the house. Then for renter ads mention that you were really looking to buy and ask if they would consider selling. For FSBOs ask if they would consider owner financing. Again, many people will not be familiar with the concept so you may need to ask several times if they are interested and explain the process to them.