Home Selling in 46158>Question Details

Brent Daughe…, Home Buyer in Mooresville, IN

Lease Purchase or Rent to Own?

Asked by Brent Daugherty, Mooresville, IN Wed Jul 3, 2013

We have a home that we owe around $135,000 on right now, we are needing to move out of state. Is it better to offer your home for lease purchase or rent to own if you don't see it selling for your payoff right away?

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1
I think that is a good move if you do your homework. It is important to understand why a “buyer” would go this route when interest rates are still so low. I linked some info below, good luck,

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
0 votes Thank Flag Link Wed Jul 3, 2013
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