I am lookng for another house to live in, My credit it not good at all, due to a foreclosure on my record. Is the a chance that I can get a rent to?

Ovella
Home Buyer
Blue Island, IL

own home to live in

Answers (2)
James Crannell
Agent
Chicago, IL

Although it is more difficult to find a home that will do a Rent to Own, it is always an option. A couple options you can try out would be to:

A: Drive around your neighborhood or go online and look for homes for rent. Call them up and see if they would be willing to do a Rent to Own option on the lease.

B: Look online for homes for sale to see if they would be willing to rent for a few years and then sell to you.

There are quite a few owners out there that are open to renting their home through this slower market and selling it down the road. I have actually seen some owners offer incentives for this, some offering to set aside some of the rent check towards a down payment should you purchase.

Good Luck!

Tue Oct 27 2009, 11:50
Matthew Monahan
Agent
Orland Park, IL
FIRST ANSWER

Hi maybe I can help!! I have a wonderful loan officer that I work with that maybe able to help you out. If you would like please give me a call at your convenience. 708-351-6307. If anything we can get you into a rent to own property!! You could also e-mail me matthew.monahan@bairdwarner.com

Thu Oct 22 2009, 18:44

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