RentToOwn-HouseFinder.com

i would like to rent a home with options to buy until i can build my credit back, where should i start?

I pay 1200 dollars a month, section 8 pays, 716.00 and i and my spouse pay 484.00 and i feel that there's something out there that i could rent with options to buy and have more freedom

Public Comments

  1. look in ads there is always someone selling their home for very little money and fix it up al little bit and make a good profit.I guess the first thing you should do is set up a budget on how much you are willing to spend.
  2. Look for ads for homes with lease options available. Sometimes if a house has been on the market for a while, the seller will consider the lease option to move the property. Make sure you will be able to buy within the 6 months or year you have on your lease. It might take longer than that to clean things up enough to qualify for a mortgage. Also have your lawyer look over the lease and the option language, it's important. Get as much of the lease payment paid toward the purchase as you can, too. Best of luck.
  3. Contact a good mortgage broker in your town. Find one thru a friend or a Realtor. There are loan programs available thru the government that are strictly lease-to-own and may be used on almost any home for listed for sale.
  4. Start with your local realty company such as Remax or Century 21 Realty Companies. It doesn't have to be one of these two, any company is good. These companies can provide you a list of rental properties or you can go through the realty website to view the homes, such as remax.com. You can specifically request to view homes to rent with option to buy. Good luck with your search.
  5. where are you located? gottahouse4you.com i think if you called one of those, "we but houses" yellow signs (not we buy ugly houses). those people are usually local investors, and many times they buy houses and rent them with an option to buy. alot of times it's a small business, and the people running it have two companies, a buying one and a selling one, so you have to get ahold of the people at the company,and ask them about properties for sale/rent.
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