Home Buying in Pinecrest>Question Details

Bh, Home Buyer in Pinecrest, FL

looking to lease/purchase a home in the pinecrest/cor. gables area. Can spend up to $10,000 a month on rent with a percentage going to?

Asked by Bh, Pinecrest, FL Tue Sep 15, 2009

purchase.Problem is just getting out of bankrup.

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4
Hi HB

If you had a BK -you will have to wait at a minimum of 4 years with re established credit and in the price point that you will be looking at, you need a 720 credit score based on today's guidelines.

If you do a lease purchase, only a portion of the rent above "market rate" can go to the down payment.
What down payment will you give for a lease purchase?

regards

MB
0 votes Thank Flag Link Sun Mar 7, 2010
Hi BH

I did a quick search and found these which may entertain a lease/purchase....

http://sef.mlxchange.com/Pub/EmailView.asp?r=1257232587&…

I hope these help....
0 votes Thank Flag Link Tue Sep 15, 2009
Lease purchases are not as common as they once were, but there are still some out there. If you email me at Marie@MarieStory.com, call me or visit my website and tell me a little more about what you are looking for I can certainly help you.
Looking forward to hearing from you.
Web Reference: http://www.MarieStory.com
0 votes Thank Flag Link Tue Sep 15, 2009
Hi BH

There are sellers who will entertain the lease/purchase certainly. Or you can lease with a "first right of refusal" clasue, which might be better for you, depending on your end goal.

I'd be happy to discuss rent/purchase options with you. I'll also take a look to see what property options there are for you.

with kind regards

Janie
0 votes Thank Flag Link Tue Sep 15, 2009
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