Rentals in Waukegan>Question Details

Tay Sabree, Home Buyer in Washington, DC

How do I find rent to own single family homes in Lake County?

Asked by Tay Sabree, Washington, DC Mon Aug 12, 2013

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5
what came of this situation?
0 votes Thank Flag Link Tue Apr 1, 2014
Its a very competitive rental market and important to get a first look of new ones as they come on market. Find ONE agent, don't think by having three loking for the same thing you will not miss something
0 votes Thank Flag Link Mon Jan 6, 2014
Tay,
#1. Hire a real estate professional who has access to such information
#2. Place 'wanted' ad on Craigslist
#3. Go to every FSBO in your area and ask if they will seller finance or option.
#4. Write down the phone numbers you see on those bandit signs in the DC area. These are placed by investor types who are PROFIT minded.
#5. Read the following Trulia post so you know what you are getting into

Rent to own
http://www.trulia.com/voices/Home_Buying/What_is_the_average…


Best of success to you,
Annette Lawrence, Broker/Associate
(Your real estate consultant)
Remax Realtec Group
Palm Harbor, FL
727.420.4041
http://RealEstateMadeEZ.us
0 votes Thank Flag Link Tue Aug 13, 2013
Tay

The poster below is correct. Rent to own can be tricky for a lot of people if you do not fully understand what the transaction entails. I do work with an investor who purchases homes for individuals and then rents it to them. It is not a predatory situation, as it can be in lots of cases. If you are interested in learning more, please contact me.

Geoff Ommen
Broker Baird & Warner
847-271-2622
geoff.ommen@bairdwarner.com
http://www.geoffgetsit.com
0 votes Thank Flag Link Tue Aug 13, 2013
Be very careful with "Rent to Own" options. If you find one that you like you might want to have an attorney review the paper work. Strongly recommend that you either Rent or purchase but not try to do both in the same contract.
0 votes Thank Flag Link Mon Aug 12, 2013
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