David & Vern…, Home Buyer in Charlotte, NC

would love to know if we could rent to own this homeat3937huntmeadow dr we would love to own this.?

Asked by David & Vernell Lyles, Charlotte, NC Tue Jun 26, 2012

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Daniel Fisher’s answer
Good evening, David and Vernell.
3937 Huntmeadow Dr was not available as a lease purchase. There are a just a few homes in Mecklenburg County that are listed on MLS as lease purchase or owner financing. See link below. However, if you meet the criteria in the Trulia Blog "I have bad credit and no savings. Can I get a home or am I stuck renting?" (link http://goo.gl/HJRBU), then you can most likely get a loan. There are many options for down payment and closing cost assistance for first time buyers. If you appreciate an answer, please give "thumbs up". For the most helpful answer, please say thanks with a "best answer" click. - A few minutes ago
1 vote Thank Flag Link Mon Jul 16, 2012
Rent to own is not ownership. Make sure to run the contract past the loan officer you are going to work with in the future before you put up any money. Mortgage underwriting guidelines are very specific on how to treat a lease option and they typically do not match what the buyer expects. That is why most “buyers” lose money on lease options, their plan doesn’t match the guidelines when it comes time to cash out the seller. I linked you some info below. Good luck,
1 vote Thank Flag Link Tue Jun 26, 2012
Hello please call me regarding you question on the lease to own at 3937 Huntmeadow Drive


Regards,

Don Danens
My Town Home Realty
(704) 780-5137 Cell
(866) 543-6856 Fax
http://www.mytownhome.com
http://www.maisonproperties.com
http://www.myhomeleasing.com
http://www.mytownhome.com/agents/Don_Danens

MY BUSINESS IS BUILT ON YOUR REFERALS,
THANK YOU FOR YOUR TRUST AND CONSIDERATION
0 votes Thank Flag Link Tue Jun 26, 2012
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