It depends on your credit and the bank if they are willing to allow a lease purchase with the option to buy in two/three years. They might because you said you have a fifteen year work history. Some banks are willing to work with a renter to do a lease purchase especially if your credit score is not to far from being mortgage ready. You have nothing to lose by asking. If it does not work out then call me and I will be happy to help you get a lease purchase.
KELLER WILLIAMS PREFERRED
62 South Main Street
Yardley, Pa. 19067
Office: 215-493-0200 ext 1087
Understand this part, you have to be able to get a loan to buy it! You agree that in a year you will buy the house, until then you just rent it and pay an extra amount so the owner won't sell it. If you can't get a loan then you can't buy it in a year and you LOSE the option money that you paid. Rent to own is a suckers bet for most people so avoid it and rent now and buy when you can really buy.... more