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?
Public Comments
- It depends on where you live or want to live. Check with real estate dealers or watch for ads in your local newspaper.
- Lease Option and Rent to Own are not the same thing. In Rent to Own (RO), The rent paid on time for a fixed number of payment entitle the renter to ownership of the property. Lease Option (LO), There is a specified amount of time that the renter can rent and then exercise an option to buy at a specified price. Usually an option will state that the option can be exercised up to X # months.
- Around here they are few and far between...Why don't you just get a mortgage and do it like everyone else..A rent to own or a lease purchase will do nothing in the long run for you except cost you money....After all, the owner is hoping the whole time you will default!..ss
- Yes, we have bought one of our properties that way. It's great.. Most likely will have to find one through a real estate investor. Most sellers don't know what they are.... -Angela
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