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Rent To Own Home Knowledge Base
Does anyone have a guide or document for a rent to own home agreement to share? It's the first time i rent a home and i'd like it to be to someone that would want to keep it after a yr or so. I need an example to create one. thank you for any input.
are those rent to own homes worth getting for first time home buyers? We are looking to get a home. We have been living in a apartment for over a year and paying about 1k a month. I have heard about those ren t to own homes... I am not sure if they are worth it. I feel like we are losing money in rent.
How long should i wait for approval for rent to own home? I applied for a rent to own home last friday and have not heard anything. I know they have contacted my references. I was told as long as the income and rental history is good we should be fine and all of that is, but i am very anxious and just wanted to know if anyone knows how long this process usually takes. I figured they would know by now if they wanted us as renters.
What are the biggest questions on how to rent to own a home or condo? Rent to Own home questions, problems, or lease purchase issues No money down home purchasing, bad credit, debt issues, obstacles preventing home ownership that need to be overcome. What is the need for a rent to own home? I want to know why do people need them, the problems, concerns, or situations that make a rent to own home necessary.
I am looking for a home to RENT or a RENT TO OWN home in Pennsylvania? I am looking for a home to rent in either the NE corner of Dauphin, SW corner of Schuylkill or Northern Lebanon County. I need a 3 bedroom home. I've searched the net, newpapers and agencies with no luck.
I want to a Rent to Own home but prices seem unreal? Im looking on line for rent to own homes but I keep seeing good home like a 3 bedroom 2 1/2 baths for &600 something a month, Is this legit?
What are typical terms in Rent-to-Own home aggreements? I had found information on two different types of terms. One was straightforward with a house valued at $200k renting for $1k a month but rent to own was $1,200 a month with $400 in credit each month towards down payment if renter decides to purchase. Is this pretty typical? What would you say these terms would be for a house valued at $250k? If this helps, we are dealing directly with the home owners.
How do I find a rent to own home in the metro DC area? I dream of owning a home but do not have the finances available at this time. I have heard of lease to own options but am unsure how to find them in my area.
What are good companies to do a rent to own home loan from in Illinois? Does anyone rent to own? What kindof house did you get? Are you happy overall? Is this good for single parents with credit blemishes, but college degree making good money?
I am looking for a rent to own home where I can use sweat equity as down where should I start? I have a foreclosure on my credit from a timeshare (what happens in Vegas doesnt Always stay in Vegas) I am looking for a house that I can fix up as all or part of the down and that they will let me rent to own but am not sure where to begin there are millions of sites but I am looking for a bank/private owned that maybe a former renter left it bad or something similar
How would a rent to own home lease option work if one of my roomates does not intend on buying the property? I plan on applying for a mortgage to purchase the house within 18 months. However my roomate only plans on staying for a year. How should the lease be written up, to be both legal and fair to the both of us.
On a rent to own home is the price of the home locked in or is it appraised at the end of the lease period? I live in an area where real estate value skyrocketed after Hurricane Katrina.The market is already going down and I expect it to be close to pre-katrina value in one year. BTW:I do not have a signed contract but I am very interested in a rent to own home.I just want to make sure I have all the facts before entering into one.
Rent to own a home in Las Vegas? i hear the houses are going down alot..my husband,and i want to get my mom a house rent to own..how much would the home cost if we want the monthly payments to be no more than 600 a month...i hear there are homes for even 500 a month,just dont have the time to look.thanks!!
can anyone tell me some info on rent to own home? i am thinking about renting a home to own and i need to know some about it
I need to find a rent to own home program in Phoenix Arizona for felons. Thank you,Charlette? I have no credit and my husband credit score is very low and he is a convicted felon.
Rent to Own Home and Lease Purchase whats the diff? Rent to Own Home and Lease Purchase whats the diff? Whats the diffrence in a Rent to Own Home and a Lease Purchase??? Please explain Im learning.
Can anyone tell me some info on rent to own home? i am thinking about renting a home to own and i need to know some about it
Can I deduct rent if own a home in one state, and rent an apartment where I currently work in another state? I currently live (own a home) in St. Louis but I recently got a job in Chicago and have decided to rent an apartment rather than live out of a suitcase. I still live in St. Louis and travel back and forth about twice a month. What all, if any, am I allowed to deduct... rent from my chicago apartment?... travel expenses?
Does anyone know about Rent-to-Own a home? How does it work? And how many different ways can you do it? We just started renting a house that we got to raise our three grandchildren in, and we'd like to make it permenant. We want to give them a secure future and want this house for them. Unfortunately we, do not have good credit, yet our landlord seems open to this. However, we are ignorant about it. Can someone educate us on Rent-to-Own a home? Thank You for any help you can give us. JoyBird
anyone know what the first steps would be to finding a home rent to own? We are renting a home now and when our lease is up we would like to find a home to rent to own we dont have good enough credit to get a loan so rent to own is best option for us but we dont know where to start
how would you go about finding a rent to own home? looking for a rent to own house in ga, where would I look? all I have found was houses to rent. how exactly does rent to own work? Thanks
What sites can I go to for a rent to own home in chicago? my credit is not at all great. are there any programs that will help? I dont know where to begin
Is rent deductible if you own a home, but must rent for work? I currently own a home in Northern CA, but for job purposes have to rent in Southern CA. Is any of my rental payments deductible?
Can the owner of a rent-to-own home use the house as collateral if we have an iron-clad RTO contract? We are purchasing a house through a RTO agreement drawn up by an attorney. We just found out that 2 years into the contract the owner went and borrowed $80,000 using "our" house as collateral without our knowledge. Is this legal?
Can someone help me and my hubby find a home to rent to own in Maryland for next year? My husband and I are trying to find a home to rent to own in Maryland. Can someone help us find one ? Our lease is up next july. We wanna have ourselves situated so that we can move by then. Does anyone know of some nice single family homes, or maybe a town house that we can rent to own? In maybe Waldorf or Montg. Cty. Maybe even near Arundel Mills........... Nothing more than 1300 a month please.
why is it better to own your home than rent? its the oldest real estate proverb. Its better to own your home than to rent. you are throwing your money away if you rent. you are making someone else rich. do you agree?
For my particular situation, Would it be smart for me to rent to own a home? I make great money, my credit is very shacky with a small FICA Score of 590, Now that I am making good money I am paying off my debts and should be debt free in a yr. Also in 1 yr my contracted job ends. I am in the middle of making a transition, of opening a buisness, and realisticly looking at making between 6,000 on shaky months and atleast 9,000+ on normal to good months. But my Credit is bad and I found A condo I would like to own , provided the Contract is Favorable should I do rent to own. I mean I cant be 100% my buisness plan is going to go exactly how I want it to go. I think I am a smart buisness minded individual, before I make this decision, I would like thaughts from other intelligent people. Please keep in mind I am in Central Cali, and the Market is down right now. Any inputs would bve greatly apreciated.
is there still rent to own homes in san diego? i seem to be having a real hard time finding a real website with rent to own homes. is there such a thing anymore? please give me any info or websites i can go to that wont ask me to give my info and credit check. i know those are fake web sites
Does a homeowner need to be licensed to rent out their own home in Texas? I'm wanting to rent out my cousin's home for her while she is away, military. I have been looking into laws regulating this. According to the law My cousin or I should be "real estate brokers". Is there anything that says that a private person can rent out their own home or another home that isn't theirs. I guess I would be the property manager.
Can a 21 year old with 30,000 dollars and good credit get a rent to own home? Or will they get turned down because of their age and waiting tables? I had a lot of people tell me that I probably couldn't do it because of my age and job. I want to keep some of it in an account so it can grow, that's why I don't want to just throw all of it on buying a house straight up.
Can you get help from the state with rent if you own your home? I used to rent and when I was really broke I could get help with my rent through Section 8 or HUD. I own my home now with my husband and 2 kids and the bills are becoming overwhelming and we can't do it. I don't want to be one of those people that forcloses their home. I love my home and would never leave even if forced out. Do they also help with those who own their home, or do they think that since you bought it it's your problem or something? HELP!
If I own a home, and want to rent it out, am I required to have any type of special insurance to do so? I live in NC and own a home. I am interested in renting it out to make some extra cash, other than having homeowners insurance on the house, and I required to have any other type of insurance such as renters insurance on the property?
How can We get a Lease Purchase Home, Rent 2 Own? My New Husband and I have made some bad credit choices in the past and it is taking alot longer to fix them then we planned(its gonna take us over about 2 years to have good credit). We have been married 2 weeks and we both still live with our parents. We need a house now, but we really don't want to wasit our money on Rent. Unless we can own it.
I have a dependent, my son. Can I claim head of household if I do not rent or own a home? I live with my mother, but I earn my own money and support my son. In order to claim head of household, do I need to own the house or rent the house or pay utilities on the house? Or do I not understand head of household completely?
bad credit and bankruptcy but wanting a rent to own home in bend oregon? Hi, I am have a question. I have terrible credit and came out of bankruptcy almost a year ago. Does anyone know if its possible to qualify for a rent to own home with history like mine and if someone does know of a company could you let me know. Thanks
How can I rent to own a home? I don't have a specific place in mind and I'll probably look in the MD or DC area. What can I do?
Has anyone ever tried the rent to own your own home programs ? And if so were you satisfied or disappointed ? I was looking into the rent to own your own home programs. And was wondering if anyone ever tried this program and did they have a good experience or is it a scam.
Does anyone know about rent to own a home? My husband and I have a very good income combined. We have been paying back debts and therefore not much saved for a downpayment. We have been renters for many years. I am a bit skeptical of scams relating to this matter.
where is the best place to rent to own a home or get 100% seller financing? how do i locate these properties?
Can I rent a home while I own two others? My husband and I own two homes we purchased before we married. We rent my home out in another city and want to rent out his home out and we want to downsize and rent a smaller home together for ourselves. Could we be declined because of the other homes when they check our credit and see we own two other homes? PLEASE ANSWER ONLY IF YOU KNOW. Would we have to show proof that we rent out our other homes to other individuals? Paul in San Diego, the home we rent now is in San Diego, but my husband and I live and work in Orange County.
Can anyone help me find a rent to own home in warner robins ga nothing over $900.00? Hi. I am looking for a nice rent to own home in warner robins ga. something in a nice area nothing over $900 looking for 3 bedrooms 3 bath 4 bedrooms if possible. fenced yard I have 2 children
Are rent to own home programs legit? It seems like the sites and info I come across about renting to own, a house, are a bit shady? Any experience?
anyone know where i can go to get a rent to own home in nj? hi..after my divorce my credit score dropped.. i had to sell my home and now i would like to get into a new home again.. i know that rent to own is an option out there but im not sure how to go about it and who i should speak to.. im looking for a home in union county, new jersey. thanks
Can someone rent to own a home from someone that has two existing loans on it? This person needs to get these payments off of her hands. She is willing to let someone rent with the option to buy. Can this work? One mortgage balance is $115,000 and the other is $30,000. Someone may be interested in paying off the $30,000 and then make payments to the $100,000 with the intentions to own. I am a young new realtor with soooo much to learn. PLEASE HELP!!!
want kind of mess will i be getting into if i rent to own a home? i'm 21 with a good job and good credit. my boyfriends 24 with good credit and some student loans he also has a good job. were thinking about renting a place to own maybe next year. whats the average monthly rent and how does it all work? anything on renting to own should be helpful...thanks.
If you are paying to own your home can you rent it out in a rent to own? I just lost my job so my husband is the only one working and our house payment is just too high, we don't wanna lose our house and mess up our credit, how could we move but possibly rent it so this does not happen?? Thanks!!
What are some good websites to search for rent to own homes? Im looking to rent to own my next home. What are some websites that I can look for listings that are rent to own? Also, what are the benefits/down falls to rent to own your home?
How does rent to own a home work? Is it worth it?Anything I should know about this before I start looking into it?
Insurance for a rent to own manufactured home? We will possibly be renting/buying a manufactured home. We have to put 2k down and then we have a balance that we will pay every month for 5 years to the owners of the manufactured home community. After the 5 years we will own it. We will also pay $179 a month for lot rental. So, would we need homeowners insurance or renters insurance? Or is there another kind that is specific to manufactured homes. We currently have our house (regular stick built) insured with State Farm.
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