how do you look for a rent to own homes?
I'm moving to little rock arkansas where do i begin to look for a house to rent to own
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- http://www.rentalhouses.com/ narrow your search by price or just go to your local letting agent and ask for advice! Online sites are your best bet though if you want it the easy way!
- I kind of fell into my home when i moved, I thought the area was kind of bad. I was wrong I gave it a chance and I love my new home.It was very easy for me to get also, it must of been.
- Probably by checking the classified ads in the newspaper there. But be careful, because scam artists often run those type of businesses. The properties sometimes don't have clear titles, often overcharged on interest rates, etc. Would be much better to find a little house that you could afford. Check with the mortgage lenders at the banks there and see what kind of mortgages are available with small down payments, sometimes as low as $500, with application fees, etc. built into the loan. That way, you'll know everything is on the up-and-up and you won't get scammed!
- These lease with option to purchase deals can be good - or really bad. In Vegas a few years ago people were selling homes on a lease / option and adding a clause that if one rent payment was 3 days late, the option is voided. And the deposit money is lost. Always be sure to record a lease / option to prevent the owner from selling the house out from under you. Bottom line, get some qualified help in this area to keep from getting scammed.
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