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We've looked into rent to own homes before and while its not a bad idea, there are better options for first time buyers. Were purchasing our first home next year after looking for the past two years and the cheapest and best route weve found is a "first time buyers loan" through a bank and looking at foreclosure houses. We recently found a home in our town that is only 60,000 for a 3br, 2ba, that happens to be a foreclosure through the bank. Between the cheap price and the help of a first time buyers loan our house notes are ridiculously cheap.
i think so..... you have a better view and experience with the place.... you should know the problems in the house and stuff...