Home Buying in 54403>Question Details

Melissa, Home Buyer in Wausau, WI

How can I find Rent to Own listings?

Asked by Melissa, Wausau, WI Thu Sep 18, 2008

I was unable to obtain a loan through WHEDA since I am young with limited credit history.
At this point I feel my best bet may be to find a home that I am happy with that would offer Rent to Own.

I've found it's difficult to search for these listings. Any advice on how to find these properties? Thank you!

Help the community by answering this question:

Answers

5
hello we offer rent to own properties across the United States, and can help locate one for you as well.
Please check our website for details or please feel free to call 585-687-8211
http://www.prositeproperties.com
0 votes Thank Flag Link Fri Feb 27, 2015
I NEED TO FIND LISTINGS OF HOMES NEAR GRAYSON COUNTY TX THAT I COULD RENT TO OWN
0 votes Thank Flag Link Sun Jul 18, 2010
Hi Chris, as far as I know ( although law could have changed) its tough to find a rent to own in Texas - the state has some restrictions on it.
Flag Fri Feb 27, 2015
Hey there Melissa....

Something else you may want to look into is the "For Rent" section of the local newspaper or Craigslist. Some of these people have decided that they have to rent their house out because they've already been unsuccessful selling it themselves or with a Real Estate Agent.

When you find a house that meets your criteria (purchase price, rental payments as close to what your future mortgage payments would be, bed, bath, etc) tell them that your very interested in their house but only if they would give you the option to purchase at the end of the lease. Some may not bite but some may give you the..."WOW, that would be great since i couldn't sell it when it was listed!"

You had also mentioned that you are a little younger and haven't had enough time to build up a good credit history. I work with a company that was pretty much created to help people work on their credit while they were leasing-to-own a house. Their name is Envision Financial Solutions out in Keller, TX. We work with them to assist people (usually the Tenant/Buyers in our Lease to Own homes) in improving their credit, as well as establishing credit lines to those who need some history. Rachel Robertson is the woman who handles most of the details. If you would like to contact her and ask some questions, her email address is info@envisionfs.com or her phone number is 866-246-5497. She's really great and very laid back.

Hopefully i've given you some other avenues. Best of luck!

Darin
Web Reference: http://hhiinvesting.com
0 votes Thank Flag Link Wed Dec 23, 2009
Melissa,
If you are working with a Realtor, you may want to have him/her do a search on MLS with the search criteria that specifies (rent/option or possibly Seller may assist) Then any listings that state that the Seller may entertain a rent with option to buy would pop up.

It may be difficult for you to do this search on public access sites, depending on the search criteria the site allows. I know of a side by side "townhouse-style" condo in Schofield that may be a possibility for you rent until you are in a more secure position to buy. (As property is currently for sale and is vacant. Seller would consider a rental. It is on MLS #806651 http://www.teamtotrust.com

All the Best to you
Web Reference: http://www.GoPackerUp.com
0 votes Thank Flag Link Thu Sep 18, 2008
Hi Melissa,
In todays market there are more rent to own homes out there than there used to be.
Sellers are in jams and need to get someone in right away. I must warn you that some sellers
will want you to put a downpayment down but some will not.
What price range are you in? I do have some contacts that do rent to own. There really isn't a published list or website of these homes but I would be happy to work with you in finding something. Sometimes Realtors won't work with people on this because there is little chance that they will get paid from it. But I would be happy to help!
Lana Stollenwerk (715) 212-6753
Lana@ask4lana.com
Web Reference: http://WausauAreaHomes.com
0 votes Thank Flag Link Thu Sep 18, 2008
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer