Home Buying in Fern Park>Question Details

Kathleen Bes…, Home Buyer in 32730

I do not see properties that are listed as a "rent to own" any longer. Do clients and agents still use this as a way to bring a potential?

Asked by Kathleen Bessmer, 32730 Fri Oct 9, 2009

buyer and seller together anymore?

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Answers

1
Rick Aguirre’s answer
Kitty,

The market is changing so fast and still in decline that the price agreed upon at the inception may not be "Valid" when the time comes to purchase. In other words, The agreed price in 2009 may be too high in 2010 due to market conditions.
With the glut of Foreclosures most buyers are grabbing the deals now especially with the first time home buyers tax credit.
Hope this helps.
Realtor Rick.
0 votes Thank Flag Link Mon Dec 21, 2009
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