It depends on the banks attitude. It could be structured as a lease with a purchase option using a preset price at the end, for example of $100. You will need to have it presented to the bank with terms that are acceptable to you for consideration. Please let me know if you need more information or I can be of assistance.
There are different options in that department. There is a lease to buy option. Many home owners are interested in doing that because it benefits them financially and at the same time it benefits the buyer, who maybe can't get a regular mortgage through a lending institution. This is the best question to a mortgage lender, who can help decide exactly what loans would be best for you. Please visit my website and let me know if I can help you with anything else.... more