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

Help the community by answering this question:


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
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.

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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