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Nichelle San…, Other/Just Looking in Wilmington, DE

Are there any legit rent to own programs out there or programs for people with bad credit?

Asked by Nichelle Santos, Wilmington, DE Thu Jan 24, 2013

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In general, I do not recommend rent to own purchases. Always seek the advice of an attorney before entering into this type of agreement.

Best,

S. Walton Simpson, Realtor
Keller Williams Realty
302-242-5146
0 votes Thank Flag Link Wed Dec 10, 2014
Yes there are. I work with investors who will purchase a property for a buyer who needs to re-establish credit, put them on a two year Lease to Own program with a portion of the rent to be credited to the Tenant to use as a down payment if the Tenant exercises their right to buy at the end of the two year lease.
0 votes Thank Flag Link Fri Jan 25, 2013
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