Rates are low.
There are many homes on the market. So, a seller may be more willing to negotiate.
There is still no money down loans available. In addition, the seller can pay all of the closing costs
You can start building equity now.
Bill Turano -Senior Vice President
1715 Route 88 West Brick, NJ 08724
Rent with option to buy can be difficult to find and may require a down "option" payment. My office is located in Freehold and I live in Howell so I am very familiar with the area. If you need additional help please contact me and I would be happy to show you all the options. Thank you.
There are 3 homes available in Freehold that meet all your specifications. If you would like me to email you the listings, contact me through my profile on Trulia or via my website, below.
If you would like to call me to discuss, I will be happy to speak with you. We are based in Monmouth County and have agents who service your area. I would like to learn why you think a lease/option is a better route than direct purchase. In some cases, it might be. More often than not, it is not the best route. There is usually more downside for the tenant/buyer than upside. I would need to know more about your particular circumstances in order to expand further on that.
Feel free to expand here and I will check back on this thread, or alternatively, you may contact me via email or phone below.
Deborah Madey - Broker
Peninsula Realty Group
Rent with an option to buy is a great way to get into a home. People often look to this option when they have credit problems which prevent them from getting a mortgage or not enough money for an adequate down payment. There is not much upside to rent to own, if you can qualify for a mortgage. This is because an option usually requires an "option consideration" of several thousand dollars and it is usually not refundable if you don't eventually buy the home.
What can we do to help? Are their other specific questions you have about this type of real estate transaction.