Home Buying in 92345>Question Details

crissybear03, Home Buyer in Hesperia, CA

I am looking for a rent to own house in hesperia.....Does anyone know a legit company to go through?

Asked by crissybear03, Hesperia, CA Wed Aug 22, 2012

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5
We have properties for rent that you can purchase when ready, at Prudential Ca Realty,

Call me for Details


Jose Rodriguez
760-792-0292
Prudential CA Realty
14014 Bear Valley Rd.
Victorville, Ca 92392
1 vote Thank Flag Link Wed Aug 22, 2012
Crissybear03;

I agree with Ron Thomas!

In addition to Ron's list of thoughts:

1) What would stop the seller from re-financing the home you are renting, and pulling out all of the equity?
2) What would compel the seller to make any mortgage payment while you are obligated to continue your rent payments?
3) What happes to your option payment, and your down payment if the seller loses the house through foreclosure?

I recommend that you contact a realtor regarding homes that offer seller-financing, or alternative financing. These options keep YOU in control of the house.
0 votes Thank Flag Link Wed Aug 22, 2012
Good morning!! I would love to help you find a rental! I work with Real Estate Ebroker, Inc. locally here in the high desert and I help people find rentals and purchase homes as well!! Please feel free to call me anytime!

Veronica Rogers
Real estate Ebroker
760-953-5703
Lic# 01453758
0 votes Thank Flag Link Wed Aug 22, 2012
Lease/Options do not go through a COMPANY, you are dealing with the SELLER!

Lease/Option
You are desperate!
Your Credit or Finances, or both, will not allow you to go the conventional route:
You need the Seller to help you out!

The Seller will know it, and you are going to pay dearly for this service:
There aren't too many altruistic Sellers out there.

The terms that can be written into a Lease/Option can be dangerous to you:
How long is the Option period?
How much money are you putting in to the Option?
What happens if you are not able to execute the Option?
How do you know what your financial situation will be 2-5 years from now?
How much is the rent in the meantime?
Who will be responsible for maintenance and repair in the meantime?
What will be the Market Value of the home in 2-5 years?
What will be the Selling price 2-5 years from now?

This is the Ultimate Caveat Emptor!
0 votes Thank Flag Link Wed Aug 22, 2012
I am curious why you would even want to do this?
0 votes Thank Flag Link Wed Aug 22, 2012
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