Join Date: Oct 2009
Location: Just south of sanity
If she says the price is non-negotiable, then there really isn't a way for you to get around that. If she's willing to come down on price, then you might consider it.
My question to you, is she using a realtor? Rent to own is a common thing, and I simply wouldn't trust a private owner to put back a portion of the lease money every month for your down payment. Better for you to start putting it away yourselves if you're doing this without a realtor involved.
She may be under water on her own mortgage, which means she CAN'T come down on the rental price if she's trying to get out from under the place.
I'm not sure why you think the place is overpriced, though. Land itself is worth a lot, especially if it's in a desirable area.
You want the truth? You can't HANDLE the truth!
Last edited by Speed Racer; 08-14-2013 at 12:48 PM.