RentToOwn-HouseFinder.com

I would like to rent with the option to buy?

Public Comments

  1. Rent to Own and Land Sales Contracts from the seller are almost impossible to legally do now. The Dodd-Frank Act took affect January 1, 2011 and created 387 new rules that must be followed in a Rent to Own or a Land Sales Contract. If one rule is violated, the Rent to Own or Land Sales Contract is not enforceable in court. One of the requirements is the Buyer must have a credit rating equal to or better than the credit rating required by HUD at the time the contract is issued. If you can qualify for a HUD loan, why would you want to deal with the private seller. Just go get the HUD loan and avoid all the other 386 rules.
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