It helps the home owner because it allows them to get out of the home with out having to put up on the market again. With the spring that we are suppose to have there is a lack of homes. All the sellers are becoming way to picky for the price and many sellers are over priced.
There is plenty of demand for buyers but the homes that are coming on the market are just not there. Many people that want to sell their house are putting it on the back burner because the market isn't hot with houses so if they sell it they might not have a house to move into.
Now if your looking for a rent to own in central NJ you might be in a good seat because many sellers want to get out of their underwater mortgage so if you can name the price right you might have yourself a deal. Sellers are going to wait until their needs are meet.
Buyers you need to either have a game plan or wait until the market becomes populated with more homes whichever comes first is what you need to go on and get the right advice in the mean while if rent to own is an option.
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