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do you have any rent to own homes?

Thu Jul 19 2007, 17:01 - Gautier - Home Buying - 6 answers
 
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Vane
Home Buyer
in Los Angeles
Vane, Home Buyer in Los Angeles in Los Angeles
Answers (6)
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Debra Martin was FIRST TO ANSWER
We very rarely see to many rent to own properties or lease options. Be careful in this persuit so not to loose your deposit.

Sun Nov 11 2007, 11:54
 
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I agree with Melissa...be cautious...spend the money and have an attorney look over the contract if you get one. Remember, you will be a homeowner, not a renter, so a different set of rules apply.

Check on the property taxes...you do not want to get stuck with that Mississippi after Christmas surprise!

Thu Aug 30 2007, 14:30
Web Reference: http://iansellsnola.com
 
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I agree with Deborah. I don’t really see this in my market. It is much too risky for those involved. Additionally, if someone has decided to sell their house, they usually need the proceeds of the sale to go onto something new.

Melissa Mancini, Realtor, CBR, GRI

Wed Aug 8 2007, 19:32
Web Reference: http://MelissaBMancini.com
 
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Be careful when entering into this arrangement. The majority of buyers do not end up buying the home, yet forfeit any deposits or option monies.

I am not suggesting that you not pursue this, but be careful of paying too high of deposits and finding yourself unable to buy. While it is always advisable to use a buyers agent, in your case, particularly, get a good buyers agent.

Wed Aug 8 2007, 17:19
 
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Yes, in Pass Christian there are a few "lease to own" properties that are new homes. There are also "owner financed" homes. Marsha

Wed Aug 8 2007, 13:35
 
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FIRST ANSWER
There are very few. Do you know what price range and area you would prefer?

Thu Jul 19 2007, 17:17
 
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