RentToOwn-HouseFinder.com
Rent With Option To Own Knowledge Base
Has anyone bought a house with the Rent to Own option? I'm newly divorced and trying to get back on my feet financially. I've had credit problems in the past, and have been paying $2500 a month in rent for the past 2 years, and it kills me that i'm not building any equity. I recently heard about Rent/Lease to Own options to buy a house. I would be interested in hearing from anyone that's done this and what your experience has been. Thanks!
What does "rent to own option replete with developer’s incentives" mean? I've seen this in ads for condos for rent.
Does anyone know anything about rent to own, lease to own or rent with option to own?? Even the basics would be helpful.
how to get out of a rent to own house lease? My husband and I jumped into buying a house in pa. At the time it seemed perfect. Perfect location and greatest investment. We at the time were waiting for our credit to imporve so we took a rent to own option. The house had a sign that said buy from owner when we bought it. After signing a 3 year lease with the option to buy we found out the house is ridiculously over priced and then while looking over the howard hanna realty website realied our house is still listed as an active house to buy....is this a breach of contract and should we be concerned about this??? We really would like to get out of this lease for many reasons plus our ill parents now need us closer to home. Any help woul be appreciated.
What are the positives and negatives in a rent to own situation...for a house? we have good credit, have been pre-approved for up 225k but cant come up with the 6k down payment,,,at about 2400 now...want to move by summer...rent to own option came up from a family friend...dont know what to do. we live in maryland, house prices are dirt cheap now.
Has anyone ever done a lease option or rent to own deal on a new home? i was looking into lease options or a rent to own situation but don't know if they are a good deal or not for a 1st time homebuyer with poor credit.
Waht is rent to own option? My father sold a home under rent to own to a person. They pay us every month for 30 yrs. I am not familiar with this? What is important to know about this? I am handling my parents finances now and I want to make sure I am doing the right thing?
How does rent w/ option to own work??? I dont have great credit anymore anymore. I would love to own a home again but i am positive i dont qualify for a mortgage right now. How does it work to rent to own? What is the process to doing this?
How to ask owners of house about rent to own option? We our currently renting a house. We absolutely love it and would love making it our "forever" house. I want to compose a letter to send to the owners. Any sample letters or ideas/suggestions to write? Your help would be greatly appreciated! Thank you...
How does a realtor get paid on a land contract or lease purchase option (rent to own) sale? I'm a realtor, and I'm used to getting paid my commission at the closing table, when all the funds are being moved around. But I've got a client who's desperate to sell, and they want to tap into the market of "unfinanceables" who are looking for a land contract or lease purchase deal. I know that would bring offers from would-be buyers, but since theres no six-figure payoff going on at closing, demanding my 5% is pretty uncomfortable. Hope someone out there has experience. Jane.
How to you price a home for rent it out and also for "rent-to-own" option? Assumes I know the current value of the house, current interest rate, Home taxes, home owner fees etc. You can assume house price to be $100,000, taxes are 1.75% of the value, current interest rate is 7.25%. Home owner fees are less than $100.
Are there any good rent to own or lease with option to buy websites, that are free? Here's the deal, i really want to buy a house in this economy but my credit and my husbands are horrible (we're in the 500's). Also i don't want to rent anymore because i'm tired of throwing away my money. Is there a website that would give me the listings of places to go? Is there anything i should be looking for? Or be aware of? I'm really interested and can move in by September.
Does anyone have advice or tips on rent to own property? With the high cost of houses in Los Angeles, I have been wondering about the "rent to own" option. Does anyone have experience in this?
Not moving in to a rent to own/lease option? We signed a 3 year lease w/ $10,000 in option money already paid. Our move in date is not till June 5, 2009 and we have found a buyer for our current house that will lease back to us at a substantial savings. Is there a way to cancel the contract without losing any of the money. I don't have a copy of the contract yet, the owner just signed their portion, but I can get it. Any thoughts?
Im interested in a rent to own option to purchase my first home...??? what are your opinions about doing this??? and best locations to do this??? serious answers only please
We need a tenant fast or rent to own buyers, FAST, we are moving out of state.? Newly remodeled 1 1/2 story home, 3 bedrooms, 1 bath with whirlpool tub, new windows, 3 car heated garage, fenced yard, close to schools and shopping, located in Garden City, Michigan. Rent $1,200.00 a month. Security deposit $1,200.00. Would be interested in discussing RENT-TO-OWN option. Moving out of state mid May.
What are some typical options for a Rent to own situation? I am wanting to sell my house to a freind and I want to give him some rent to own options.
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.
considering rent to own option near Pitts. PA. need advice, links. there seems to be a lot of scams out there? trying to find a rent to own or lease to own home due to credit issues. Been a good tenant-never been late or missed rent. Are there any contacts or at least good advice on what to look for & what to avoid ? Thanks
whats the difference between rent to own and lease option to purchase? this is about homes.
Is it a good idea to rent with the option of owning a property? I would like some helpful information about renting to own. I am very young and I do want to own my own home within the next couple of years and I want son truthful information on the subject of renting with the option to buy.
As a seller, what are the advantages and disadvantages of going in a Rent to own contract? I would like to rent my house to someone and I am interested in a rent to own option because time is running and I have to live the country for my job. Now I want to know if I chose the rent to own option will it be any disadvantages or advantages for me as a seller and or renter? what are the risk linked to such a contract. could you please give me more details on the whole process of such a transaction? It's the first time I will do this so I don't know how it works at all. Plus the buyer seems to know how it works and we're meeting tomorrow. thanks all
Is Rent-to-own a good option for home buying? Is it done often? Seems a little too good to be true, like most things.
Question regarding rent to own of my rental condo? I have a rental condo that my tenants have been in for about a year and a half. They have approached me regarding a rent to own option and I said I would get back to them. I would like to sell the condo before Nov. when the ARM inflates, however the market is still soft and the value is not what it should be. My question is has anyone been a landlord/tennant in a rent to own. How does it work, are there any web sites with resources regarding contracts ect.
Need Attorney: Rent To Own (Lease Option To Buy) - California? Hello, We are doing a Lease Option To Buy on a Rental and looking for a Good California Real Estate Attorney to review and assist with the Contract. However, we need to confirm in our search what type of Law-Attorney this would be or is considered in California. Would this be a Real Estate Attorney? What type of Lawyer would we need to review a Rental for Lease Option to Buy??? Thanks in advance.
Is there a website with RENT- TO-OWN or LEASE-TO-BUY listings like craigslist? for the SAN FRANCISCO BAY ARE? I am looking for a home rental in the Bay area, but not quite ready to buy. I have heard of lease-to-buy options, but I am having trouble finding listings in the bay area. I am so used to craigslist I suppose I am assuming its gonna be THAT easy. If someone could help me that would be GREAT!!! Thanks!!
What should I know about rent to own? We are looking to move in the near future. I'm tired of renting but we are not ready to buy yet. We have some medical bills that need to be taken care of first. So we thought that rent to own may be a good option, but I do not know the first thing about it. Can someone let me know all of the essentials? And please speak to me as if I were a small child. I literally know nothing. We have only rented in the past. I really appreciate any help! Uh girlyinny could you be a little more judgmental? You know nothing about me or my situation. Time to clime down off of the high horse missy.
whats the difference between "rent with option to buy" and "rent to own" when it comes to real estate? im just curious if theres even a difference?
Where do i go to find rent-to-own homes in Charleston South Carolina? we are looking for a rent-to-own or rent with option in charleston SC does anyone know where i can look for some property like this?
hey im am trying to find a good rent to own program anyone heard of Lease Option Home Buy or know someone? is the program really any good?
What about RENT TO OWN? Is that a good option? Hello everybody again! I was thinking in this option, until I can bump my score up, my husband can have a SS and we save more money for a down payment (at least 10%)...what do you reccomend? How does it work? THANKS!!!
What is the difference between an Rent w/ an Option to Buy & Rent to Own? We are going Sunday to talk to a couple to talk about what our difference options would be with their home they have. They originally had it on the market to sale. But, we started talking and they said they are willing to work something out with us. My husband & I are really comfortable with the rent to own and having to put so much money towards a down payment at the end of the contract if we may not get be able to get a mortgage. Then all the money we put in would be forfeited. We wanted to know if there was a difference if we decide to do a Rent with Option to Buy. We really like the home and I am sure we will be interested in buying it. We would love to buy it now, however we can get a mortgage right now, due to our debt to income ratio. However, we are both starting new jobs with better pay and we know in approx. 2 yrs we will have enough, saved for a down payment as well as we should have no problem getting a mortgage. Can someone or anyone explain to me the differences as well as the pros and cons of both options. Thank you in-advance.
My husband and I are looking for a rent to own house ...? We are newly weds, been married for 2 months, we pay 500 a month for a one bedroom apartment. Since we pay so much for this little apartment, and we would like to start our family right away, we have been thinking about getting a house. We both have pretty bad credit. So we were talking to other people we know about rent to own, or rent with option to buy. I am completely knew to all of this and I wa just wondering if anyone out there had any suggestions in this area. Any personal stories they have and would like to share? We are going to look at a house tonight and we are both really excited!
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!!!
Need Attorney: Lease Option To Buy - Rent To Own? Hello, We are doing a Lease Option To Buy on a Rental and looking for a Good California Real Estate Attorney to review and assist with the Contract. However, we need to confirm in our search what type of Law-Attorney this would be or is considered in California. Would this be a Real Estate Attorney? What type of Lawyer would we need to review a Rental for Lease Option to Buy??? Thanks in advance. I want someone to "CONFIRM" what type of Attorney this would be. Thanks.
Have a lease with renters with option to own. Lease is up May 15th 2009. Do I need to evict since lease is up? I am not renewing lease due to renters have not paid rent without being reminded and currently owe several months rent. Since the lease is up do I have to go through eviction process?
Where can I find legitimite info about rent to own or lease to purchase? My husband and I are sick of living in an apartment with 2 kids. We can't get a home loan because of credit, but potentially have up to 10K to use as a down payment. We want to find out if rent-to-own is a good option for us.
I have a signed contract for a rent option to buy? I have a signed contract for a rent option to buy with a real estate investor. If I did not buy the property they would be opligated to buy. I paid rent but because supposidly others shorted investor on rent and stole money from her my rent did not pay mortgage on rent to own property. Because of the circumstances can this investor be charged with fraud? They ignore calls from other sellers and buyers who were hurt by this situation and never return calls. Is this considered fraud by her with all the circumstances
What do you think of a rent-to-own home, or lease option? My fiance and I are getting married in October. We're tired of renting and have been very interested in buying a townhouse. Our apartment lease ends this December, and since we're paying for our wedding in October we have no opportunity to save for a down payment on a house this year. What do you think of a rent-to-own home, or lease option? It sounds like a great opportunity for us -- ready to buy, but we need a little time to save for a down payment, and to qualify for a better mortgage. What are your experiences with the rent-to-buy or lease option? Advice is welcomed from sellers, buyers, realtors, or anyone who's had experience in this field. Thanks!
I own a home and signed a rent option with an investor? I own my home. A real estate investor came to my home and asked me to consider a rent option as they had someone who liked my home that was for sale. I aggreed and signed a contract for a year with them in that time even though the tennent paid rent every month my mortgage payments were not made. My house is now in foreclosure and investor or tennent can not buy the house, Can I file a criminal complaint against this investor since I have signed contract promising either investor or tennent will buy my home and now neither can follow thru.
Rent to Own options ?? Do all Real Estate companies offer a Rent to Own option on Houses ? Is it only on certain houses ? So basically the monthly rent is put towards a Down Payment. How much % of your monthly rent is going towards your down payment ? After you reach your Down Payment for purchasing will your monthly rent go up in price ? What are the options / cons to going about this way ??
What is your opinion about rent to own for housing? I have noticed that since the market is down in California there are more lease to own options for houses. I am thinking about doing it to secure a good purchase price and have time and help repairing my credit. Plus part of the rent will go towards the down payment. Good idea for buyers???
Do you know of any Rent to own type options in Los Angeles and surrounding areas? For first time home buyers.
How does "rent-to-own" work (buying a home)? My husband and I have enough for a down payment and the amount we pay for rent would be more than enough for a rent-to-own payment.....but our credit is horrible. We have stuff in collections, etc etc. Could rent-to-own be an option for us??
Are there any "rent to own car" places in Sydney Australia? Please, if you know of any car places in Sydney that have a rent to own option or of any car places that let you "pay off" a car, please forward the information, thank you
A potential renter is interested in a rent to own lease of a rental property I own ? Typically what percentage or amount of the lease to own option is used as building down payment monies. Any resources for what to include in one of these lease to own agreements ?
Is there any property in the bartlesville, oklahoma area for a rent to own deal? We want to be in the country? We are tired of our psycho neighbors, and would love for some land that is affordable somewhere. I am a nurse, my husband a deputy sheriff and we have 4 teenagers, so buying right now is not an option, but a rent to own is.
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 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.
Powered by Yahoo! Answers
