RentToOwn-HouseFinder.com

How would a land contract work w/the owner of a house?

Isn't it basically rent to own? How would I approach the owner about doing it if he is under contract w/a real estate company?

Public Comments

1. It's not so much rent to own as it is owner financed. You pay a down payment and then pay the owner instead of a bank, usually with a "balloon payment" .(A large payment at the end of the contract after you have equity in the house and can get a real loan.) It's a great way to do business unless someone needs the cash right away. Which in your case is probaby the situation. Find out when the listing expires if you are worried about the commission but you can actually work through a real estate agent in some cases. Good luck