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If you are considering getting a rent to own home, it is important that you have realistic expectations. You should not expect to be able to take advantage of the many deals that are on the market. Homeowners are willing to sell at steep discounts in order to get cash today. If you do not have cash or the ability to get cash in the form of a mortgage, you should not expect to pay less than fair market value. Likewise, in most cases it will not be possible for you to get a home that has already been foreclosed on as a rent to own home.
For more details on houses rent to own visit -http://www.we-renttoown.com
AnswerLEASE PURCHASE
Difficult because most owners know not how to do a lease purchase. Actually they want to just keep renting. A lease purchase is an a agreement to credit part of your rental paynens to a downpayment on the property. You do need a contact .
What else can I help you with?
Where can I find good rent to own home in boston?
one place to look is www.irenttoown.com/rent-to-own-boston-rent-to-own-homes
What does it mean to have your own home?
This means to own a home (not rent) by having it fully paid off, or by steadly paying off your home with a mortgage.
Who do I talk to about rent to own homes?
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.
Is getting a rent-to-own home a good idea?
It is a good idea if your credit is weak and you would be unable to get a conventional mortgage to purchase a home. The plus side of rent to own is that it will allow you to build credit and equity and a part of your rent money goes towards the down paymen.
How does rent to own in housing work?
Rent to own housing occurs when a seller offers to accept lease payments for a predetermined time period, giving the leaser the option to purchase the home.
Where can I find good rent to own home in boston?
one place to look is www.irenttoown.com/rent-to-own-boston-rent-to-own-homes
What exactly is a rent to own home and how can you become eligible?
A Rent to Own home is a home where you pay rent each month and eventually you have paid off the home and will own it. To become eligible, contact your local realtor who can arrange to provide you more information.
Is it better to rent or own a home and why?
Can I rent to own a home In Miami, Florida, as I am working, but have no down payment. Willing to pay $1,000 monthly who can help me
What kind of lease is generally required with a rent to own home?
You will need a long term lease that lasts about 5 yeras with a rent to own home.
Who is responable for the upkeep on a home when it is a rent to own home?
Once the rent to own contract is in force then you are responsible for all home maintenance, unless other arrangements were spelled out in the contract. When you enter a rent to own agreement you will need to have cash reserves similar to a new home owner to cover unexpected expenses. Mortgage firms and banks are responsible for the upkeep on a home when it is a rent to own home. You can read more about it at www.mortgageloanplace.com
How easy is it to find a rent-to-own home?
Rent to own homes persist in every local city and suburbs.
Where can I find a rent to own home in miami?
For a list of rent to own homes in Miama FL you can visit www.irentoown.com.
Where can I find a rent to own home in Dallas, Texas?
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.
Can you file bankruptcy on a rent to own home in Pennsylvania?
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
What is dwellers insurance?
insurance on a home you own and rent out
Are rent to own homes a good way to purchase a home?
If you're not able to qualify for a traditional loan. Purchasing a home on rent to own may be a good option.
Where can I find a rent to own home in Georgia?
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.
