Home Buying in Reston>Question Details

Cmjlove, Renter in Reston, VA

hello, ok i need help fast!!!!! .... need rent to purchase 4 bedroom 3 bth home in northan va ...in next 30 days can any one help!!!

Asked by Cmjlove, Reston, VA Mon Jul 11, 2011

me and my roommate signed up for ownwer wiz looking to rent to own a house in the next 30 days to find out it may be a scam ... and our move out date is fast aproaching ...we do have the greates credit and we need help fast ..please any help is excepted

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Please create a free account at my website: http://www.LivingInFairfaxCounty.co, so that you can view the latest listings available. I will be happy to help you and you may also call me at (703) 269-8706
0 votes Thank Flag Link Thu May 30, 2013
Hi

As the others have mentioned, the rent-to-own market is pretty small out here and with your timeframe it might not work. Have you considered renting for a year or two, and while renting work on improving your credit so you can qualify for a good loan option?

Good luck!
0 votes Thank Flag Link Tue Jul 12, 2011
Cmjlove,

I admire your desire to own a home; however, renting for a while and using this time to rebuilt your credit is probably a better approach. There are very few rent to own options and most are overpriced - you are limiting yourself to a very tiny inventory of homes. I do not want to see you regret your decision because it was made in haste and with adverse long term consequences.

You can search rental homes on my website by selecting MAP search. Let me know if you'd like to preview any of those homes: http://www.realtorviviannerutkowski.com/cgi-bin/aa.fcgi?+YjQ…
0 votes Thank Flag Link Mon Jul 11, 2011
Contact me. I may be able to help. I don't have any properties right now (might be able to find some), but I know some investors in Northern Virginia who--like myself--specialize in lease-options.

However, that is a pretty tight time frame. Still, e-mail me your information. Also--just curious since I am pretty active in lease-options in Northern Virginia--include any information you can on who scammed you.

Hope that helps.
0 votes Thank Flag Link Mon Jul 11, 2011
Don Tepper, Real Estate Pro in Fairfax, VA
MVP'08
Contact
I don't believe in giving false hope. The rent-to-own market is so slim as to be almost non-existent. This is a unique type of transaction with many more legal issues than you can imagine. I have the details necessary and can do it, but to find a seller willing to do this with you, and to do it within 30 days, is a slim-to-none possibility. When you add on a questionable credit, slim just left town.
Remember to keep the main thing the main thing. In this case the main thing is to find a place to live. This should not be a fire drill issue, so call me at 703-855-7299 or email at raywedell@comcast.net.
Web Reference: http://www.RayMaxTeam.com
0 votes Thank Flag Link Mon Jul 11, 2011
Your most immediate need is a place to live...so focus on finding the rental first. If a landlord is ok with rent-to-own, that's gravy, but it's not something you should expect. After all, someone is a landlord because they want the rental income, not because they want to get rid of their property...at least not yet. :-)

Rentals happen fairly quickly - usually within a few days. If you have credit issues, there are ways to position your application so that you have a better shot at your app being accepted. Also, the big players in the rental business have less at risk than an individual landlord, and they are more likely to accept a marginal application.

One of the things I'd suggest for the long term, if you truly want to purchase down the road, is to work with a lender who specializes in helping you clean up credit issues. Few loan officers offer this service, but those who do are well worth knowing.

You've had a number of agents respond so I'll leave it here. If you'd like to get in touch or discuss further, my office number is 703-547-8451. Calls to this number forward to my cell.

For info on who we are, see our Web site at http://www.therandrteam.com

Sincerely,

Sue Mayhew
0 votes Thank Flag Link Mon Jul 11, 2011
I am a realtor that serves all of Northern Virginia. I would love to help you find the place that you can call home. Please give me a call at 703-203-8905. I work for Coldwell Banker Residential Brokerage in Reston. I can help you find a place in all of Northern Virginia..

Talk soon..

Mimi Henley
0 votes Thank Flag Link Mon Jul 11, 2011
im very sorry for all that have replied ...i see that i made a typo and its may cause your answers to change how ever it should state we DON'T have the greates credit ...very sorry ...pls disregard any mesg left by me if this changes things
0 votes Thank Flag Link Mon Jul 11, 2011
I am doing this for someone else right now. There is a lot to be done in a short time. Contact me so we can get started right away.

Chip Warner
RE/MAX Allegiance
703-216-1420
0 votes Thank Flag Link Mon Jul 11, 2011
The available rentals in Reston with 4 bedrooms/3 baths are as follows:

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=232…

Please let me know if you are interested...


Meredith S. Coughlin
Realtor
National Realty, LLC
Phn: 703.403.5665
Fax: 703.935.2672
http://www.MeredithSells.biz
NVAR Multi-Million Dollar Sales Club
“Voted Northern Virginia’s Best Realtor by Northern Virginia Magazine”
0 votes Thank Flag Link Mon Jul 11, 2011
Contact me...and I will see what I can do.

Kind Regards,

Erik J. Weisskopf, ABR,CDPE,CRS,GRI
Erik@AskMeAboutHomes.com
703.216.1222
0 votes Thank Flag Link Mon Jul 11, 2011
Did you have an agent to enter in this agreement? if so they should be able to assist you if not then Many lawyers offer their first meeting at no cost, your best bet may to meet with an attorney if you think fraud has taken place.
Web Reference: http://www.ScottSellsNH.com
0 votes Thank Flag Link Mon Jul 11, 2011
Realtors rarely deal with rent to own housing, the Contract and lease is complicated and can be interpreted in several ways which opens our practice up for law suits because of the way they are written, Find a seller willing to do a rent to own and go to a lawyer to have the contract drawn up. Remember on way will leave you with a lease with option to by, what you pay for is the option the other way is Rent to Own, few people want their house in Rent to own!
0 votes Thank Flag Link Mon Jul 11, 2011
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