Home Buying in 11215>Question Details

jmvasquez3, Home Buyer in Brooklyn, NY

How can I find a rent to own home and how does the process work?

Asked by jmvasquez3, Brooklyn, NY Tue Oct 15, 2013

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Such properties are rare as most owners prefer to sell outright. Since rent to own properties may not be listed as such, consider working with an agent of your own. Keep in mind that rent to own can be risky and one could stand to lose a bit of money, therefore do inform yourself well, and consider consulting with an attorney who specializes in real estate beforehand. If you haven't done so yet, visit with any licensed loan officer, see if you can buy outright. Rent to own is similar to a car lease....
0 votes Thank Flag Link Tue Oct 15, 2013
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