with the economy today is better to get a foreclosure or an average price of house rent to own?

My husband and I are a couple very young and just had a baby and just like many other families tend to do, we are trying to save some money whenever possible. We have been currently renting an apartment and our lease is up in August, but we decided that there prefer to use the money wisely to go to a temporary home for few years. However, we are a little unsure about whether it is better to see if we can make a payment rent to own with a foreclosure against obtain a regular household income to own as most of the foreclosures would like a regular mortgage payment we can not pay? From now on since last September and my husband has been the only one working and we have been managing well, but WLL working again soon. We both started without invoices and both have some bills that have been paying on .. I hope we'll have a good bit of credit established.

In this economy, it is better to rent. Normal rent, no rental property. A couple of reasons: 1. If prices continue to fall, they are missing, not building equity if you buy or lock in the price of lease purchase. 2. In general, you can rent the same place for less than a mortgage payment will cost. (Especially with bad credit and little pay. Remember that the owner is trying to cover the mortgage SUS, which was probably taken years ago for much less than today.) 3. In rent to own, if you need to exit the lease, you will lose everything you paid in 4. Rent and saving allows you to "prove" what you can afford. Instead of putting money into a house in this economy, hire and make the difference in the bank. Religiously. If the mortgage, taxes, insurance, PMI, and maintenance would be $ 2000 a month, and can be rented for $ 1,500, the bank $ 500 every month and not touch. This will fix your credit and build your savings faster than a rent to own will. A larger down payment also means less interest over the life of the loan. 5. Foreclosures are not for the first time buyer. Many have been robbed or ransacked by the time they close. Maintenance definitely been postponed. You get as-is, which means that there is room for negotiation of damages or defects. 6. Rent while you're young gives you flexibility. If you lose a job, you may be unable to sell their home and could be stuck. If you rent, you can get much easier, whether a cheaper place or a different city, where the jobs are better. It is harder once the kids are in school. 7. Look at a table ammortization. During the first 5 years only a small percentage of your payment goes to the top, the rest goes directly to the bank as interest. People say that you are wasting money on rent, but in a recession where housing values have stagnated, you are wasting money for the purchase. Part of the problem we've run into in this country is that people thought were the investment houses and the value would be based investment faster than anything else. If the value goes up to the amount of time you expect to stay (5 years or so), do not buy. Housing is primarily housing.