The short â€œsaleâ€ across the street probably wonâ€™t sell, most donâ€™t. Your lender will not close a loan if the value isnâ€™t there. If the seller isnâ€™t able to make necessary repairs that probably gives you an out.
None of that stuff is the real cause of your stress, the relationship between you and your Realtor isnâ€™t as strong as it should be, that is the foundation of your problem. Buy lunch for your agent, block out a couple of hours to spend with each other, make notes before the meeting about your desires, needs, past, future plans, etc. Let them get to know you but more importantly get to know them. It is the fear of the unknown that causes stress, eliminate it and you will relax, good luck,
NMLS # 6395
Financing Kentucky One Home at a Time... more
Very good advice below. Ask your Realtor what she thinks of $79,900.
One thing you didn't provide is whether you've had any, or many, showings. If you've had a lot of showings but no offers, then the problem may be something other than price. On the other hand, few or no showings generally indicates the price is high.
The short answer to your question is yes, there are homes for rent with the option to buy. The long answer is that the process can be rather complicated and you will want someone who knows what they are doing to help you find the right place and make sure the contract is in your best interest.
If you are interested, I can point you in the right direction.... more