Purchasing is cheaper and more effective.. when you rent ot purchase or rent option you have to first find someone willing to work with you. Then you will be asked to pay more than the mortgage and more than the market will bear..
Best to get financed and shop for the right home.
If you have to lease purchase.. you should get an anent and have an attorney review your contracts as in many cases leasing to purchase and options can be illegal if there is a underlying loan.... more
In Cochise county, quite a few homes are sold with the seller providing the financing for the buyer. You never know what kind of deal a seller may be willing to do until you ask. If you can offer a decent down payment to the seller, it can end up being a great deal for everyone.
Fred Martin, Realtor
RE/MAX High Desert Realty