Home Buying in 33169>Question Details

Shanaviat83, Home Buyer in Fort Lauderdale, FL

How do you search for rent to own homes?

Asked by Shanaviat83, Fort Lauderdale, FL Sat Jul 19, 2014

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3
Rent-to-own is a horrible, horrible idea for the buyer. They homes are usually in horrible condition because the seller can't sell any other way. Renters pay a surcharge (above market rent) and you lose your money and deposit if you decide not to buy the house, or if you can't qualify for a loan. Seller hope that you will violate the terms of the agreement so that they can resell the house to the next sucker.

I strongly suggest that you continue to rent until you can qualify for a traditional mortgage; then go shopping for a home. Put the money that you would have spent on the surcharge into a savings account. Fix your credit. And before long you'll have a home of your own.

Don't Let Them Make a Monkey Out of You! Follow the link below.

Alysse Musgrave
Consumer Advocate/Exclusive Buyer Broker
http://www.HelpUBuyAmerica.com
1 vote Thank Flag Link Mon Jul 21, 2014
If you contact a local agent they can perform a search for you.

Other wise you can try just asking landlords if they would consider to rent to own.

If you like feel free to contact me and I can put you in contact with a team member able to assist you.

info@realtyempire.net
Web Reference: http://www.realtyempire.net
0 votes Thank Flag Link Mon Jul 21, 2014
I would approach owners looking to rent and see if they're willing to do rent to own, one owner at a time. Every few hundred owners will have one willing to do it.
Web Reference: http://www.archershomes.com
0 votes Thank Flag Link Sat Jul 19, 2014
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