vinny2532000, Home Buyer in North Waterboro, ME

hello, i would like to find something that would be willing to do a rent to own option.

Asked by vinny2532000, North Waterboro, ME Tue Feb 26, 2013

looking for either a home or land

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This question was asked from this property: http://www.trulia.com/property/1068507455-1257-Sokokis-Trl-N…

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5
Shelley Des Vergnes’ answer
We may have some lease to own options available or possibly in the near future in the Waterboro area. If you are interested, contact me at shelley@themainerealestatenetwork.com. Thank you!
0 votes Thank Flag Link Wed Feb 27, 2013
Sometimes it is helpful to look on craigslist for these kinds of properties, though they are rare. It is worth a shot.
0 votes Thank Flag Link Tue Oct 15, 2013
Did you find what you were looking for? I know of a property in Sanford area where this might be considered.
0 votes Thank Flag Link Tue Oct 15, 2013
I have one if you are still looking.
0 votes Thank Flag Link Sun Mar 3, 2013
thank you. can you send me the info?
Flag Wed Mar 27, 2013
Lease/Option
You are desperate!
Your Credit or Finances, or both, will not allow you to go the conventional route:
You need the Seller to help you out!

The Seller will know it, and you are going to pay dearly for this service:
There aren't too many altruistic Sellers out there.

There is no FORM printed by anyone; there are just too many variables.
The terms that can be written into a Lease/Option can be dangerous to you:
How long is the Option period?
How much money are you putting in to the Option?
What happens if you are not able to execute the Option?
How do you know what your financial situation will be 2-5 years from now?
How much is the rent in the meantime?
Who will be responsible for maintenance and repair in the meantime?
What will be the Market Value of the home in 2-5 years?
What will be the Selling price 2-5 years from now?

This is the Ultimate Caveat Emptor!

Good luck and May God bless
0 votes Thank Flag Link Tue Feb 26, 2013
thank you for your reply but none of your assumptions are correct. i am qualified well above what im looking to spend. my credit is great. just something im looking into. maybe it doesn't work for you. why do you have something?
Flag Tue Feb 26, 2013
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