Property Q&A in Cleveland>Question Details

dmerrell9, Other/Just Looking in Cleveland, TX

What about rent to own?

Asked by dmerrell9, Cleveland, TX Wed May 16, 2012

--
This question is about this property: http://www.trulia.com/property/3075428387-991-Seth-Blvd-Clev…

Help the community by answering this question:

Answers

1
Rent to own is an option that can help renters become owners as they repair their credit. Many sellers of homes on the market for longer than typical periods can often consider this option.

Usually a seller will require a month deposit or higher.

Often this option is riskier for sellers since mortgage options and guidelines are changing so often. This can make the duration of the 'rent' longer if credit or loan capabilities are more challenged.

~Todd Burns
0 votes Thank Flag Link Wed May 16, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer