rent with option to buy: Rent with Option to Buy - Good or Bad Thing for the Buyer/Tenant?
- 09/23/10 06:10 PM
I have had several clients call me lately interested in a rent with option to buy. I must admit I am not as familiar with these as I would like. However, my initial reaction is that as a buyer I would be wary of them. So many times renters get into houses that they think they will want to buy but after 6 months realize it is not ideal. If they had a rental option then they would lose any deposit they initially put down as well as any extra money they had paying each month. In this market, especially where rental
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