It depends on who the verified owner is, but the final decision will come down to the lender accepting the terms of the agreement. So you need to do some in-depth research before taking any kind of action, because these kinds of transactions can indeed be scams, but they're not always.
Hud.gov has a section on Lease-to-Own or Rent-to-Own transactions, and there are some federally owned properties that may be eligible. While banks aren't necessarily in the landlord business, some of the GSEs do offer homes for rent and for rent-to-own under the homelessness provisions.
Some important things to note, if the property is distressed, the homeowner will have little to no say in a lease-to-own. He or she needs to provide you with the lender's approval showing that the property is eligible for this type of transaction, and you need to contact the lender and verify that the approval is correct. And if there are deposits required, make sure you verify from the lender who is acting as their authorized representative before you put any money down.