Rent to own homes?
I want to find a rent to own home in Washington state. In the King County area. Does anyone know of any houses or how to go about the process? Thanks!
Public Comments
- now is a bad time to buy a house. you pay 8% in interest and houses are increasing maybe 2% a year in value.
- you might seek out a realty company in that area that specializes in rental properties. with the state of the real estate industry, you might find some nice buys. but make sure to protect your investment in the future. if homeowner defaults, you may be out a home and your investment. best to hire an attorney to make sure your protected.
- Actually now is a good time to buy. The market is glutted with homes available and prices are down due to this fact. This is a general statement and might not apply to your area of intrest. I suggest you contact a local broker and have a talk...its free.
- You're not going to find many rent-to-owns through Realtors; they can't get commissions until sale is final, so no incentives to sell. Your best bet is craigslist.org for your local area. If there is a area you'd like to be in, contact people who are doing by-owner sales and make an offer, if they're desperate enough, they'll do a rental. Also, a lot of people are in dire straights with their houses, make sure their mortgages are current if you enter into an agreement.
Powered by Yahoo! Answers