This is a Great Area to Buy. There are several Loan Programs that offer you 100% Financing through Government Grants or Straight up 100% financing even in the City of Willis itself. We have Maps of the eligible areas and Zip Codes. Just Contact our office and we'd be delighted to assist you. I've put a link to just some of the programs in the area that are available to you below.
Good morning Suzan, The property listed here on Trulia is a little inaccurate. It looks like the home is on Pine Forest, which is rather near the hospital on the east side of Conroe. The description mentions Woodhaven Forest which is very near the hospital, just south of Loop 336...almost the closest subdivision to the hospital. The Woodhaven Forest subdivision is almost all new homes.
Let's talk about your desire to rent with an eventual purchase. Can I assume that you want to do that because of concern about the ability to qualify for a loan? If that is the case, can you contact me outside this public forum so we can talk about your options. I am willing to discuss them here, but thought a direct conversation by phone or email would be more effective.
Most sellers need to get the equity out of their current home in order to sell. If they have no substantial equity, they still need to get rid of the obligation in order to get a new mortgage for the next residence. About the only kind of seller that will do rental that converts to a sale is an investor. In most cases, a transaction with this type of seller can be a little tricky. Many a tenant/buyer has been burned in an effort to do this type of transaction. If you seek to do a rent to own scenario it is critical that you work with someone you can trust to represent your best interests. In fact, it will cost you nothing to get an agent (perhaps me) to represent you AND get an attorney to review the documents before the transaction closes. Contact me to learn what I am talking about.
Kathi Frank, (936) 441-1314