what do you think of rent to own houses/lease option to own?
Public Comments
- Its the easiest way to buy a house without having to have good credit established.Go for it.Its opportunity knocking.
- Sometimes it is the best way of getting into what otherwise might be a totally unaffordable home. Just make sure everything is in writing.. CYA - - Cover Your Assets.
- DON'T DO IT. My husband and I were doing it and we lost EVERYTHING. We put 6,000 down and lost it all. Plus we had to do ALL the repairs and lost ALL that money as well. If you are gonna do it just be very careful. I would suggest that you have a lawyer look over the lease. PLEASE don't make the same mistake we did. Hope this helps.
- how r u..?
- I would probably go with lease option to own. ,this way you can see if you want it or not.
- A lease with an option to purchase can be a wonderful thing for a home buyer who is serious about fixing their credit, and owning a home. These deals are usually structured to protect the seller, and if you default, you lose everything you have worked for (as I imagine a previous poster had happen). I would love to help you in more detail, but I would have to know if you were on the buying or selling end. If you post a comment, I'll edit this, or you can email me.
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