Home Buying in Longmeadow>Question Details

Suestuffs79, Home Buyer in Longmeadow, MA

Rent to own or owner financing

Asked by Suestuffs79, Longmeadow, MA Fri Apr 27, 2012

I am looking for a rent to own or owner financing houses in longmeadow MA. I have a condo and put it on market but didn't work out well so rented it and it is hard for me get a 2nd mortgage. If anyone is considering rent to own or owner financing please let me know. Thank you.

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Because of the risk for the seller to hold the mortgage, he may prefer a higher deposit or interest rate for the buyer, who ends up paying more for the home than he might with a traditional mortgage.
0 votes Thank Flag Link Sat Apr 28, 2012
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