Whether or not your boyfriend should pay rent if you own your house is a personal decision that should be discussed and agreed upon by both of you. It is important to consider factors such as financial fairness, relationship dynamics, and individual preferences when making this decision.
No, it is not possible to rent your own house to yourself as a rental agreement requires two separate parties, a landlord and a tenant, who are not the same person.
It is reasonable that there will be a certain number of payments in the agreement. There should also be a clause to protect either party if default should occur.
You can find a rent-to-own 2 bedroom house by searching online real estate listings, contacting local real estate agents, and exploring rent-to-own websites. Be sure to carefully review the terms of the agreement and seek legal advice if needed.
If you put gasoline in my ferrari would you own half of it? Unfortunately NO! One of the main reasons being how would you prove your paying towards the mortgage? and not just paying him rent?
I don't think so.
You can rent out a room or part of the house, or you can rent the entire house. Either way you can run an ad or listing with a real estate or rental management office.
It's pretty risky. When you move into a rent-to-own house, you generally pay an "option fee" of 1-2% of the house price. Then, if you rent the house for the term, you get the option to own it. Be aware, however that if you leave the house or violate the lease, you lose your option fee and the time invested, leaving you with no equity.
I currently rent a house in Edmonds, WA. It fits my financial situation and is a lovely place to live.
Ground rent lease means you own the house but someone else owns the actual property that the house sits on; therefore, you must pay the owner rent on that land. If you don't own the ground rent, you can purchase it.
You will not lose your house unless there is a large amount of equity in it. You will need to reaffirm your rent to own agreement, however.
No, it is not possible to rent your own house to yourself as a rental agreement requires two separate parties, a landlord and a tenant, who are not the same person.
Your local real estate company should have information on which houses are available to rent to own. They are also called a lease-to-own houses. Renters pay a set amount of money each month to live in the house as if they were renting it. If they decide they want to purchase the house, they have the option to buy the house after 3 years.
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.
Get your own boyfriend...
It is reasonable that there will be a certain number of payments in the agreement. There should also be a clause to protect either party if default should occur.
You can find a rent-to-own 2 bedroom house by searching online real estate listings, contacting local real estate agents, and exploring rent-to-own websites. Be sure to carefully review the terms of the agreement and seek legal advice if needed.
Before buying an owner financed rent to own home be sure to have the contract checked out by an attorney. It is necessary to know what might violate the contract prior to signing.