Home Buying in Voorheesville>Question Details

nyhappygirl, Home Buyer in Voorheesville, NY

looking for homeowner that will hold mortgage in Voorheesville ny

Asked by nyhappygirl, Voorheesville, NY Tue Nov 27, 2012

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Anna M Brocco’s answer
Since rent to own properties may not be listed as such, consider working with an agent of your own. Keep in mind that rent to own can be risky and one could stand to lose a bit of money, therefore do inform yourself well, and consider consulting with an attorney who specializes in real estate beforehand. If you haven't done so yet, visit with any licensed loan officer, see if you can buy outright...
0 votes Thank Flag Link Tue Nov 27, 2012
That could be a toughie - only a homeowner who owns the house free and clear would have the ability to hold a mortgage. There are mortgage brokers who have investors that will hold private mortgages - so that may be an avenue to explore.
0 votes Thank Flag Link Tue Nov 27, 2012
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