Assumption of Existing Mortgage & Rent to Own

[Christopher Booth]

Hi Everyone,

I'm looking for some insights into two alternative home financing options: Assuming Fixed Rate Loans and Rent-to-Own.

1. Assuming Fixed Rate Loans:
2. 
   
   • Does anyone have experience with assuming fixed-rate loans?
   • Is this option only available for FHA loans, or can it be done with other types of mortgages?
3. Rent-to-Own:
   • Does rent-to-own actually work, or are there limitations?
   • I'm concerned about the negotiating power when trying to buy after renting. Any advice?

Thanks for your help!

Best regards,