You will qualify for homeowner incentives when you OWN the home. Bond for Deed is similar to Rent-to-Own, before you cash the seller out, you are the renter, not the owner.

I sell houses with private financing, you can own a home even if you can't qualify for a mortgage.

Contact me if you like to have more details.

Thanks,

Celine Fang
Immi-Nest, LLC
I Sell Houses - Financing Available for ALL Credit Types
504-723-9269

http://www.imminest.com

that information is correct and as far as the homestead exemption,you would have to close and get the deed in your name to claim the homestead exemption. Until you actually close,you are in a rental status.

Char316, I believe that would depend on if the completion of the transfer of title, and that it could work as long as it is completed by December 1, 2009. You also need to have not owned a primary residence within the past three years and as a single person have an adjusted gross income of less than $75,000.