Is rent to own a good option for buying a house?

Our income is not the highest, think poverty level, but fairly reliable.

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Answered by Greg Fischer, Mortgage Broker in Manchester, NH
Is there a reason why you'd want to buy later rather than now? Rent to own is a viable option, byt the biggest benefits to the buyer are extra time and forced savings. In most cases, It's just a super long purchase contract with many small good faith deposits.

If you like the house well enough to buy it and can do so now with a low/no money down program, you should buy it now.
| 10.02.15 @ 13:06
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$commenter.renderDisplayableName() — {comment} | 12.09.16 @ 13:58
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