Rent To Own House Knowledge Base
How to determine purchase price with rent-to-own house? As a seller, If I have a house that has a current market value of $150,000 and I offer a rent-to-own for 2 years with $2,500 down. The house will be worth more in 2 years. How do I determine the final sale price in the contract?
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.
A big question about a rent to own house? My girlfriend and I are trying to move and we found this house thats a rent to own but we only want to stay there for about a year. So my question is do we have to buy the house if we take it? And do that mean we can't move?
My boyfriend and I are looking at a rent to own house valued at 234,000? Do you think rent to own is a good or bad thing? We really want to make sure we're doing the right thing. My boyfriend knows the guy that is selling the house and actually use to live next door to it. But we still want to make sure we don't end up screwed. Any advice before we speak to a lawyer? Thanks!
Advice? short sale my house and live in rent to own house? I don't think I can afford to pay mortgage and my bills any longer. My interest is too high and with mortgage and bills, I'm paying over $8080 monthly not including spending money. My husband just started self employed and we both make about $9000 a month together and hardly have money left over. my question is that I wonder if I can short sell my house and than maybe look for those rent to own house and hopefully own a home again and don't fall into those high interest rate. Is that rent to own home really work? any advice?
is it advisable to rent to own a house in canada if you are a newcomer? i'm a newcomer, is there any difference between renting a house and rent to own it? if you could pay monthly rent then why not spend it in a rent to own house? help me... i'm a newcomer, is there any difference between just renting a house and rent to own it? if you could pay monthly rent then why not spend it in a rent to own house? help me...
What is a rent to own house? I dont understand how these work i ran into quite a few rent to own listings while looking at houses to rent. I didnt find much about them on the internet. Do you pay your monthly rent and something like a morgage payment as well? Do you eventually buy the house from the owner or do you still take the loan from the bank?
Rent to own house in north louisiana? I make enough money but my credit isn't too great, I would love to buy a house! And am working on the credit problems. If you know anyone that is looking to rent to own their home please let me know!
im looking for a rent to own house in missoula? im looking for a rent to own house in missoula. need someone who is willing to work with us 3 or 4 bedroom with two bathes and allows animals. if you know a really good site please respond asap.
Im looking for a rent to own house in missoula? Im looking for a rent to own house in missoula? im looking for a rent to own house in missoula. need someone who is willing to work with us 3 or 4 bedroom with two bathes and allows animals. if you know a really good site please respond asap. 5 days ago - 14 hours left for voting
how does a rent to own house work? what if i wanted out before paying off the whole price of the house, do I own any shares in the house? How do you determine the term of the lease required to own the place?
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!!
Anybody know about rent to own about a house? We are looking at a house to rent to own. The owner owns it outright. He said it would bee $800 and half of that would go toward the purchase. Anybody do this kinda thing and whadda think?
i want to buy a rent to own house and lot? i want to buy a house in Tarlac Philippines and ive tried ALL real estate sites but cant find one.. i am not living in the philippines... Will anyone please help? ok or just even a lot... as long as its in TARLAC.
How do I place a rent-to-own offer on a house For Sale By Owner? I'm looking to rent-to-own a house that is FSBO. In their online listing they said they are willing to do rent-to-own. I would simply like an answer to my question not a bunch of information about rent-to-own vs. buying a home. I am in Michigan if that helps.
Please help. I want to rent my house in a Rent to Own contract. How much should I rent it? Please help. I want to rent my house in a Rent to Own contract. How much should I rent it? I am the owner of the house now. I want to rent it to someone interested in a rent to own deal. the contract is one year rental then buying the house. I want some help at what price should I rent it this year? if I sell it now , I would sell it at $307.000. my morgage monthly is 1850( property taxes included). my equity on the house is $35.000. please help How much should I rent it now and how much should the person which will be renting it now will give upfront? in my area, house take 7% value per year. please help
Is my credit standing good enough for "rent to own" house? I found a great house and want to know if if it is even reasonable to be hopeful. I make about 2500 dollars a month. I have a credit card I have not paid on for a long time until very recently. In august 2008 I put down 8,000 dollars on a new car and I am never late on my payments. Same with all other bills. The house, as the sign says, is only 625 a month. thank you.
What program can help me find a house for rent or own? I'm a single, no kids, 30yr old woman. I'd like to look into renting, rent to own or even buying a home. But I dont make a lot of money. I looked into the San Antonio Housing Authority, but have no clue what I'm looking for. Does anyone know where I can begin looking? SERIOUS ANSWERS ONLY. thank you to those who do help.
I need a house rent to own in Dublin Viriginia area.? I need a three bd house with a nice yard under 400 a mounth. would like a quiet naborhood. Dose not have to be close to town. prefer something out of town.I dont have pets. prefer one storey but to is fine. would like an out building but not nessusary.
Im looking for a rent to own house? this is for Filipino only!can you guys help me find a rent to own house!much better if in metro manila! and i hope its not that much expensive!because we are just starting our family!thanks guys
Rent to own a house - does the rent go towards my banks downpayment or only towards the purchase price? I want to rent to own a house which would costs $215,000. Now, after a year, when the full amount of rent ($ 1000) is added to the purchase price, there will be $203,000 left to pay. Is it common to ask the seller that the rent will be considered as a bank's down payment? I don't care that much if its $215,000 or $203,000. My problem is more to get some amount of money for the down pament! Thanks... Y'all give good answers, but I consider (St)Pete best for his intellectual masterpiece. I now have been enlightened by his 'yes', whatever that stands for.lol -what a night, isn't it?
Default on rent to own house? The person Im trying to evict has been in default on my house for 2 yrs, he made partical payments here and there, He has no job, has other people living in the house to pay his rent, which I told him no. has built on to the house without permission. I cannot get any answers from circuit court for this.. what should I do?
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!
How does it go if you rent to own a house? My husband and I would like to rent to own if his brother agrees. His brother just sold his house and is not planning on buying another home for awhile cause he works on the rigs and is never home he just plans on living in his 5th wheel. If we got him to buy us a house how would that work???
I need advice on a rent to own agreement, house damaged before move-in date? I signed a rent to own agreement for 3 houses on one property. The owner conveyed that rental income potential is $1500 per month. My move-in date is 3-1-07. The main house had a fire & must be gutted & completely rebuilt. I must stay in little house which was to be one of the rentals,thereby no income from that. Owner has offered to discount price another $11,600 but that does not cover cost of rebuilding or lost income from rental. The attraction to the property was the rental income covering most of mtg.pymnts.$2200 per mnth. All is up in the air now. Anyone with similar experience? I would sure appreciate any thoughts/advice.
Wanting to do a contract of deed or rent to own on a house? If I was to do a rent to own on the house. Is it as easy as this.. Agree on purchase price.. Pay 500 month rent and then when we are ready to buy(get a loan for the house) deduct what we paid in rent from the total purchase price we agreed on.? If we did this who would be responsible for covering the house insurance??
would u rent to own this house? need answers quick!!!? Me and my fiance' are currently renting a house for 475mnth but there is no chance of owning it in the future. plus the plumbing is messed up. we have an oppurtunity to rent-to-own a house for 550 a month but the man that owns it is still in the contract with a realator until february. we really need to get oout. the house is a fixer upper but at least we would be able to own it. would any of you take this offer. plus it comes with some land and he will let me have my dogs. only consern is that if someone wants to buy it before february then we have 90 days to get out. What should we do????
I am a home owner (mortgage holder) and I am interested in letting some friends "rent to own" my house. What kind of contract do I need to draw up in order to legally do this? Also, how can I get around the option consideration fee? I would like to come up with a simple rent to own agreement, but I am unsure of how to do this. Do I need to consult a lawyer? Basically I just want them to take over my mortgage payments, as I got a job out of state and will be moving soon. What should my next step be? Any helpful resources would be much appreciated.
Is it safe to buy a house on a rent to own contract? Is it safe? A friend of mine offer me to buy his house on a rent to own contract. I told him I would think about it. I can easily aford the payments, but Im just not sure. What is the differance between a rent to own contract and a finance contract for a mortgage? Where can I get more information about renting to own a house.
i want to rent to own a house from my friend, what are some of the precautions i should look into? do i need to get a lawyer? what are the advantages? what are the disadvantages? is it worth it even if the house needs some work? the power source is one of the older breaker boxes will this pose as a problem to get power turned on? the house is for $25K and about an acre of land, it doesnt need any immediate repairs besides a few patches to some pin holes in the metal roof, the payments would be $300/month. is this considered a good investment?
someone help me find a house that is rent to own? I need to find a house that is close to my area so I don't have to sign my son into another school. Do you have property that is rent to own if you do please help? I need a house that is rent to own in the monrovia area in california can you help? Can someone help me find a housein or near Monrovia california that I can rent to own from 1000/to 1150 a month.
How can get house for rent to own it? Hi everyone, I am looking for House for rent to own do you have any idea to look up on the website. does include the property? if anyone has experienced before let me know thank you ;)
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