Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

rent to buy ?

can part timers get rent to buy a home 

6 Answers

Relevance
  • 1 month ago
    Favorite Answer

    Don't do a rent to buy!  There are many reasons.  What if the seller doesn't pay the taxes or mortgage?  What if the seller can't convey marketable title?  It's a bad idea since you don't get the title until after you have paid in full.  You would be better off with a lease with the option to purchase.

  • 4 weeks ago

    Rent to buy is 99% of the time a terrible idea. If you do consider this - get a VERY clear contract. You may find if you miss a single payment the entire deal is void. 

  • Anonymous
    1 month ago

    Mostly no unless it's a high paying part time job, it was thought up because the average full time wage often isn't enough to buy a house.

  • Anonymous
    1 month ago

    It is possible, but renting to own is a scam.

  • 1 month ago

    The fact that you are part time is on one level immaterial. It will be your income that is looked at.

    So, if what you earn part-time if enough, then you will be fine

  • 1 month ago

    What's your monthly salary?  You still have to qualify.  Do you earn $80,000 a year working just part-time?

Still have questions? Get your answers by asking now.