Paty, Home Buyer in San Antonio, TX

I'm looking for a rent to own and owner financed home in the 78216 area any thing out there... my credit is not that good

Asked by Paty, San Antonio, TX Wed Sep 4, 2013

Help the community by answering this question:


You will really thank me for this one!!! Check out my blog on our new alternative to "Lease To Own" that allows you to pick any home you like! Gives you the flexibility of a lease to own with the power to choose any home that fits your family best... Credit is not an issue!!

Check it out:…

Give me a call when you are ready, and I'll help you get the process started!!

Jason C Campbell
Platinum Top 50 Finalist - 2012
Option One Real Estate
1 vote Thank Flag Link Thu Sep 26, 2013
Texas Association of Realtors does not provide a promulgated contract for Lease Option or Lease Purchase transactions. They strongly suggest that Realtor do not participate in these transactions. They do, however, provide for an Owner Finance transaction.
Please consult a Realtor when you are ready to proceed, they will provide you with any listings that would be agreeable to owner financing.

1 vote Thank Flag Link Wed Sep 4, 2013
Hi Patty,

What price range are you looking for? Is 78216 the only zip code you will consider? How much down payment do you have and any idea what your credit score is? I know of a few owner finance homes. You can email me at with any confidential information. I look forward to hearing from you!

Kim Salisbury
Real Estate Agent
Sales/Leasing and Property Management
0 votes Thank Flag Link Wed Sep 4, 2013
Agree with the majority here that rent to own is not the best course for all the reasons mentioned. If you take the time and effort to repair your credit you will most likely get a much better mortgage rate (and lower payment), have far more choices in homes and neighborhoods, and be in a stronger position to negotiate the best price and terms. Suggest you find a good mortgage broker to review your credit and give you suggestions on how to proceed. If you need one email me and I'll suggest someone to you.
0 votes Thank Flag Link Wed Sep 4, 2013
Paty, why not wait until your credit is healed?
0 votes Thank Flag Link Wed Sep 4, 2013
You will need an attorney to properly execute a rent to own contract. They can be full of landmines,
0 votes Thank Flag Link Wed Sep 4, 2013
Although I disagree with the previous poster about rent-to-owns--I think they're a good decision in the right circumstances--they are extremely difficult to do in Texas. Texas has certain laws that make them very difficult.

Owner-financed homes are a completely different matter.

Here's a blog I wrote on how to find rent-to-own homes: As I said, Texas law makes them very difficult to do, but you can use many of the same techniques to find homes with owner financing. In addition, more homes will be listed on the MLS as offering possible owner financing than being available as lease-options.

Hope that helps.
0 votes Thank Flag Link Wed Sep 4, 2013
Don Tepper, Real Estate Pro in Fairfax, VA
Hi, rent to own is not a good way to go, buy owner financing is a great way to purchase a home when your credit and/or your work history don't qualify for conventional financing. Give me a call when you have a chance so I can explain you how it works. Thank you for your attention.
Carlos Ares, Realtor
0 votes Thank Flag Link Wed Sep 4, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer