Local law enforcement is the best source for that data and accompanying statistics. Once you find a rental that is convenient to the baseball stadium, check with the police department regarding your safety concerns about the area.... more
Listings Directory > Listing Details$895MonthlyLarge Photos For Rent103 SHOALS POINT TRAILMadison, AL 35757KNOX CREEKCounty: MadisonLot Size: 36 X 117 X 114 X 121Garage: 2Bedrooms: 3Full Baths: 2Sq.
Executive rental with SO many upgrades!Situated in beautiful Clifts Cove!From the back patio&fenced back yard enjoy the view of Rainbow Ridge!Then Step inside to large rooms,hrdwd flooring,beautiful
I do not suggest doing lease purchases/rent to own. There are simply way too many things that can go wrong with one from either side.
In order to do true owner financing, the owner must own the property free and clear of any mortgages. Very few sellers are going to be in that position.
If the property currently has a mortgage on it, the owner cannot legally transfer the title to a buyer without the mortgage first being paid in full. Most all mortgage loans have a due on sale clause. This due on sale clause requires that the mortgage be paid in full should a title transfer occur.
The buyer is also at great risk on a lease purchase transaction should the seller quit making their mortgage payments. Right now, many sellers cannot afford to make their mortgage payments or simply chose not to continue making them. I have seen where the buyer is making their rent payment, but then the owner is not paying the mortgage. The next thing the buyer knows is that the home is in foreclosure. That means the buyer will generally not get back any of the money they have given as earnest money or security deposits.
It is also a big risk on the buyer. If your credit is not where it needs to be now, there is no possible way of you knowing it will be acceptable in a set amount of time.
Before entering into any type of agreement like that, the buyer needs to make sure that they fully understand the potential pitfalls that could arise. Should the seller default on the mortgage, the buyer could lose ALL of the money that they have invested. Until you are able to purchase, renting is generally the safer option.
Working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your options to see if purchasing might be a possibility for you. To get Pre-Qualified for your purchase, you can submit your request online at www.rodneymason.com.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing.... more
If you contact me I will send a list of owner financing properties for sale via email. Please include what you are looking for, how much you want to spend monthly and the location you prefer. My email is tko88@ hotmail.com. Looking forward to hearing from you.
Leading Edge RE Group... more
I have a beautiful home on the market now in Greenlawn Plantation Subdivision and one coming on the market soon. Both lease/purchase, purchase or straight lease. If interested please don't hesitate to call 256-348-5346... more
I know of a condo in this price range that will be available soon. How many bedrooms do you need? How soon do you need to move in?
Email your contact info to me and I will send more info.
The Huntsville Counsel of Neighborhood Associations passed a resolution calling for the Huntsville City Council to pass an ordinance that unfairly singles out the owners of rental property The ordinance
Market outlook; Homes for sale in Huntsville AL January 31st, 2012 10:21 AM Huntsville AL Space and Rocket Center Source Morgan Stanley, Cary Bay, Kristi Franks Morgan Stanley Research released its
Huntsville MLS search for investment property in Huntsville October 28th, 2011 2:09 PM Huntsville MLS search image I searched the Huntsville MLS for viable multi-family property. Out of over 80