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anyone know what the first steps would be to finding a home rent to own?

We are renting a home now and when our lease is up we would like to find a home to rent to own we dont have good enough credit to get a loan so rent to own is best option for us but we dont know where to start

Public Comments

  1. You could contact either a Realtor in your area or a Property manager. Or try starting your search online...such as: https://www.irenttoown.com/ http://www.lease2buy.com/
  2. Find a real estate agent you can trust....talk to them about foreclosed houses.... you might be surprised what you can get in home loans....... same advice for rent to own..
  3. When applying for a home loan your credit report will be reviewed and you may be required to provide a number of other details, including: Employment and income records, Tax Returns for the last few years List of assets, List of liabilities and what you owe, Your budget showing monthly living expenses so that you can demonstrate an ability to pay. http://best-loans.awardspace.com/homeloans.htm http://mortgages-finance.awardspace.com/ With this information you and your lender will be able to determine the kind of home loan and size of the right mortgage for you. In some cases, you can obtain a pre-approval or pre-qualified certificate, which shows how much you can borrow so that you can then shop for homes in an appropriate price range.
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