Rent to own can work if the buyer on the 3 things. What price the buyer will pay for the home . How long they have to buy usually 1 to 3 years for residential property. Then the tuff part how much of the rent will go towards the buyers equity. This is called the rent credit and is the reason most people do not do this even though it can work quite well. Make sure you have a good attorney look over all the contracts if the buyer fails to buy the property in the specified time the seller typically keeps the equity that the buyer has built up. This all being said with rates this low it does not really make sense for the buyer in most cases.... more
As you can see, everyone is willing to help you, your job is to find someone you trust and feel comfortable with and has your best interest at heart as well as a reputation for doing what they say they will do, one screw up from the wrong nitwit and your deal, maybe worth millions, is all done. Seek out a Realtor first, and interview them to see if they are compatible with you as a person and feel out if they are agreeable to the way you do business, don't just pick the best B.S. artist who responded to you.
If you need anything at all, just call me, I will be very happy to help you with anything you need.
It appears that 12 Oakwood Ave. probably sold at auction. It has not come back on the market by any agency following the auction in January (which it should have by now if still owned by the bank). It was most likely bought by an invester who will work on it before putting it back on the market. I will continue to investigate the possibility of it's availability for you=