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Renting a house with option to buy.?

Is it possible to rent a house that is for sale for 6 months and then buy the house at that point. If the seller were up for it how would this work out.. or would there be another way of doing it. I really want this house but need 6 months to come up with the down payment.

Public Comments

  1. The problem with the lease option is that you have the option to buy at the end of the lease, you are not obligated to do so. Most sellers that really want to sell do not want to tie their property up with the option, because in most cases, it is basically just a rental.
  2. Get pre-approved for your home loan and then ask the seller to pay your down payment and cost, and you could buy the home right away.Many seller will pay for the closing cost and down payment to get there home sold. A win, win situation. Enjoy your new home.
  3. Yes, it is possible. Have you ever heard of seller financing? check out this website, www.rent2ownmarket.com they deal with rent to own and seller financing homes.
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