Seller contracts or rent to own opportunities... What ... - Zillow Real ...

These are pretty rare, but sometimes an agent will have knowledge of one or several owners who are willing to consider this option.

Rent to own rarely comes to closure, and can be an opportunity to waste a lot of money.?

Be prepared to provide a substantial down payment (10% or higher is pretty standard).??? This usually is not refundable.

Be prepared to pay more than market value rent, with only the price above market value going towards the purchase (this may be $100/month)

Be prepared to get financing from other sources in a year or two.?? If you don't, you will lose everything you've put into the situation so far.

Source: http://www.zillow.com/advice-thread/Seller-contracts-or-rent-to-own-opportunities-What-is-the-best-way-to-find-these/466858/

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