Josette, Renter in Country Club Hills, IL

who is a reliable rent to own company or place?

Asked by Josette, Country Club Hills, IL Tue Feb 14, 2012

That won't be in scams

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Ron Thomas’ answer
There is no such thing:
By definition, a Lease/Option is solely between the SELLER and the BUYER (YOU)
You are trying to do this because you are having trouble getting conventional financing; an the Seller knows it!
You are distressed, or you wouldn't be doing it.
The Seller may be doing it for one of two reasons; Either he hasn't been able to sell his house normally, or, he wants to take advantage of someone like you.

There is no "boiler plate" Lease/Option agreement; it will be whatever you two agree upon.

Sounds like this could be rife with RED FLAGS, nuh?
0 votes Thank Flag Link Tue Feb 14, 2012
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