If you want to rent for a year rent for a year. Save up your money, and when the time is right go see your options. We're in a declining market so anything you agree to buy today will be worth even less when it's time to close which makes no sense for you.
If the person will agree to accept 20% below current market value then go ahead and do it, otherwise forget about it.
program works. You can visit our website for more info
and receive a free report.
Our program helps people with poor credit become homeowners.
Bad credit is ok, as long as your income and rental history meets
our qualifications, we can help you Own your own home in Charlotte, NC.
I've attached a link from bank rate about lease options which are similar to rent to own programs but slightly different. Let me know if you have any additional questions and good luck to you.
Broker Associate, Sudler Sotheby's International Realty
There are no "set rules" on rent to own programs. Any property for rent can be a rent to own situation. The terms of rent to own programs vary, and are negotiable with the owner. Many owners do not even know about this. Contact me today and I will ge happy to discuss different scenarios with you.
The cons are you need to make sure that the owner is able to make the deal. You don't want to be in a situation where the Landlord is going into foreclosure, thereby losing any "equity" you might have while paying your lease.
If you have further questions please contact me at firstname.lastname@example.org or 312-880-0000.
You also have to consider where you would like to live.