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has anyone ever bought a home thru rent to buy what are the pros and cons.?

We are relocating to Brisbane,can anyone tell us if its worth it to rent to buy, i believe this way your money is going somewhere,where as renting long time would be a waste of money,what do you think?.Appreciate an answer from people who has been there and done that.

3 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    well, i think any opportunity to try to own something or build equity is better than simply renting, however see if the landlord will give you the option to buyer assign the rights to someone else. in other words, if you pay on this property a certain time and find you no longer want the place or can't afford the rent, simply sell your right to buy to someone else. that way you don't totally lose all your investment. use a lease option for a proper way to use a lease option so it advantageous to yourself look at this site under lease options:

    http://timboson.blogspot.com/

  • ?
    Lv 4
    4 years ago

    IF SHE IS A organic, you need to purchase IT. SHE ought to continuously pass IT DOWN, era AFTER era. I very own MANY instruments, which includes A FLUTE. once you purchase style new it in many cases COMES WITH cleansing equipment.

  • 1 decade ago

    brother tried to do that. didn't have a contract. owner pocketted $$$ after five years and evicted family. it's a good idea if the #s work out but, get it in writing!

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