"Rent to own" is when you rent an condo/house, and they give you the option to buy it after you rent it for the term of the lease. They will usually give you like 10 to 20 percent of the total amount of money you paid in rent of the lease term, to take off the total cost of the condo/house. Good luck! It's cheaper to just but so weigh your options. Rent to Own and Lease to Own are very similar strategies. There is an option consideration that is paid upfront (typically between 3-5% if an investor, and 2-3 months rent if a one-time seller). This money buys your ability to purchase the house, over a set period of time (1-5 yrs typically), for a pre-negotiated price, and is almost always credited towards the purchase of the house. The Advantages to the Seller are numerous. * No real estate commission to pay (not realtors). * No maintenance problems. * Prompt payment of rent. * All the terms of the purchase are negotiated in advance. * Seller retains all tax benefits until the sale and much more. * Positive monthly cash flow to offset losses For the Buyer * Time to shop around for best financing options * Live in the house before you buy it * Meet the neighbors and neighborhood before making long term decision * Large rent credits (25-100%) for prompt payment You can get more information at www.iLease-a-House.com. They cater to buyers, sellers, and investors.
They rent and own houses
one place to look is www.irenttoown.com/rent-to-own-boston-rent-to-own-homes
If it is foreclosed then he does not own it. You cannot rent a property that you do not own.
It means to own something but you have to keep paying in debt.
You can find rent to own houses listed in the local newspaper. Online classifieds like Craigslist will also list rent to own houses.
It is good to start with local newspaper for rent to own homes. Also, try out http://www.craigslist.com for a list of rent to own homes in your city/neighbourhood.
For a list of rent to own homes in Miama FL you can visit www.irentoown.com.
Your best bet for rent-to-own homes is talking to homeowners who are selling. Even those who are not advertising rent-to-own may agree to it if you ask them. If they are having a hard time finding a renter, and are also trying to sell the home, they will most likely be willing to do rent-to-own.
People who do not own their own houses or condominia are the most likely to rent apartments. Landlords rent apartments to them.
Rent to own homes persist in every local city and suburbs.
There are several online listing for rent to own homes in dallas. Local realtor companies will also offer rent to own homes or mortgage plans that can fit a rentors budget so they can own the home.
they have their own buildinds
el clasificado or craiglist
i think best buy. I used Rent-a-Center.
Rent to own are $7-10 a week
Yes you can file bankruptcy. However the "rent to own home" is not owed by you and is still owned by the "landlord". You can continue with the "rent to own" or walk away. Bankruptcy is an entitlement to citizens for debt relief
In the case of a car, yes you can. Most car lots will allow you to rent to own a vehicle. In the case of a house, it depends on where you live. Most places do not offer a rent-to-own option. You either rent, or you own. However, things may be different in your area. Talk to a real estate agent.
Rent to own means that all the payments you make to your landlord go towards paying off the house. If you rent long enough, the house will be paid off and they will make you the owner.
No. They can rent.
Yes you can. I have two houses and rent one of them out sometimes.
You will need a long term lease that lasts about 5 yeras with a rent to own home.
You can check out Florida real estate listings online, such as www.jscinvestments.com/avail_fl.asp or www.rentalads.com/rent-to-own/Florida
You can find a rent to own home in Georgia at www.ezhousebuying.com. Another good site is www.findmyroof.com/ga/leasepurchase You can find many rent to own homes in that area by visiting www.craigslist.org. You can also try www.rentlist.net or www.garenttoownnow.com.