Home Buying in Rowlett>Question Details

Lynn, Home Buyer in Rockwall, TX

Lease to own housing information/or agent needed, for a 5 bedroom

Asked by Lynn, Rockwall, TX Fri Jan 4, 2013

in Rockwall, Fate, Royse City, Wylie or Rowlett. Priced under 160k. Our credit scores are were they need to be to buy a home, but we have some minor collections that's holding us back. If anyone has any legit listings or information on homes. Please let us know. We need a home ASAP. Thank you

Help the community by answering this question:


Hi Lynn, great question.
After being a Realtor and Property manager for many years now. The “Lease to Own” option has some real legal problems that you really might want to avoid. Realtors/Agents are not to practice “Lease to Own” agreements at all in Texas. “Owner finance” is one way to go, It’s a much better program, and maybe just what you want. There some other programs to help you reach your goal and benefits of being a home owner. http://www.Trophyhomesrealty.com
Wylie TX
0 votes Thank Flag Link Sun Jan 6, 2013
Hi Lynn,

I would suggest finding a seller financing listings in that area. Its almost impossible to find a lease to own these days as it got a lot of sellers and buyers into a lot of legal battles.

Let me know if you need any help on this.

JP and Associate
0 votes Thank Flag Link Sun Jan 6, 2013
Do a straight lease now, get your collections cleaned up and then buy with bank financing.

You'll save yourself a lot of headaches.

We always say never ever lease to own.

It's just a good way to spend your hard earned cash without often a good outcome.

You can always offer to buy the home you're renting when you are ready....or you could choose any other home.
0 votes Thank Flag Link Fri Jan 4, 2013
Bruce Lynn, Real Estate Pro in Coppell, TX
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer