Right, but how much is that deposit? For this year I am hoping that my $340K house doesn't lose more than $20K in value. So let's say that is what it loses- if somebody is renting to own and the house is worth $20K less, and they put down $10K, there still isn't an incentive to not walk away.
And if they do in fact have as much as $10K to put down now, there would be no reason for them to go RTO, as with that kind of money you could easily assume a mortgage. So I would be surprised if their down payment is that high.
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