Lease purchase financing - Rent first to be able to buy later

Hello,

We looked at a house today. The owner wants to sell the house only in autumn 2017 (for family reasons), but move out starting from summer 2016 and is offering it first for rent and then for sale. So rent-to-own. I hardly know anything about this area. I wouldn’t mind living there first on "rent," but how does financing work? Will the rent I have paid be deducted from the purchase price? And how does the loan with the bank work? Can I secure today’s low interest rates? You never know what they will be like at the end of 2017. Thank you and best regards

How do you think the interest rate level will look like at the end of 2017?

What is credited to what is probably a matter of negotiation and contract. Just ask the seller how he envisions it. And then ask your preferred bank how they see it. If you can then sleep well and you think the deal is good, what speaks against it? Basically, it is positive if two parties agree on this constellation.

Of course, this type of contract also involves various hurdles that must be overcome, especially regarding, for example, taxes on both sides.

Hello,

We looked at a house today. The owner wants to sell the house only in autumn 2017 (for family reasons), but plans to move out starting summer 2016 and offers it first for rent and then for sale. So rent-to-own. I hardly know anything about this area.
I wouldn't find it so bad to live there first as a "tenant," but how does the financing work? Will my paid rent be deducted from the purchase price? And how does the loan with the bank work? Can I secure today's low interest rates? You never know how they will be at the end of 2017.
Thanks and regards

why don't you make a purchase contract and conclude a forward loan now................

That's my question too. Aren't forward loans more for follow-up financing? How high are the surcharges on the interest rates approximately? Just a rough estimate for about 2 years. I once read something about 0.5%. Could that be correct?

I would guess it is about complying with the speculation period. It could well be that currently no purchase contract dated 2017 is allowed to be made.

That is also my question. Aren't forward loans rather for follow-up financing? How high are the surcharges on the interest rates approximately? Just a rough estimate for about 2 years. I once read something about 0.5%. Could that be correct?

not necessarily! then you either have to pay commitment interest or an interest surcharge. but I agree with musketier. You only have legal certainty if you buy now and the purchase price payment is in 2017. Whether you are on the legally safe side with lease purchase and 2017 purchase, I don't know. I'm not a notary enough for that.