Personally, I wouldn't rent to own. While you are renting, the home is not yours. That means, you cannot list yourself as a homeowner.
Beyond that, if you rent to own, you have no equity. If you actually purchase a home and decide to move later, at least you could walk away with some cash.
Also, the person who actually owns the property can have some provisions in the lease that basically make it possible for him to toss you out at his whim and keep your money.
If I were you, I would just simply rent until you are able to buy a home.
2007-03-27 07:41:02
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answer #1
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answered by Melanie J 5
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