As you said, some are nice and some are not. It depends on what you are looking for in regards to home and price. Good investment? It all depends on your goals and timelines. Give me a call or shoot me an email and we will discuss what I will do for you. You can also visit my website and do your own MLS search. Thanks and remember, my service to you is FREE.
Mike Ceparano, 813 417 6698, email@example.com... more
Owner financing maybe while you rebuild your credit banking wise. If you have no down payment though, forget it.
Contact me if you end up in Fort Myers area.
Southern Premier Realty
Trulia isn't a property manager or broker so we can't help you find a rental property over the phone. However you can use our site to search for rental properties. If you're looking in Land O' Lakes, check out the link below to view the rental listings we have in that location.
I hope this helps you.
Community Moderator... more
Right, you will have to start eviction.
When you bought it on the court steps, the home is yours.
However, there is a time lag before the bank lets the previous owner know.
You can always sell it back to them if they qualify for a loan, which most
likely they wont. Unless they have all cash it will be hard for them to get a loan.
Its a good idea to get an eviction service or property manager involved.
That is one of the pitfalls to buying at the court house. If the previous owners were foreclosed upon, then it is very unlikely they will be have the capability to purchase the house again. If you want them out and they do not leave, then you, new owner may have to go through the eviction process. You may want to offer them some cash to move just to keep the home from possibly being trashed on the way out.... more
Yes, you still owe rent. The owner of the property remains liable to the lender. Even if the owner is not current on his/her payments, the liability remains. The owner may work out the obligation with the lender thorugh any number of potential options. A short sale may leave the owner still liable to the lender. The owner could restructure his/her loan, enter a repayment plan through bankruptcy, etc. The only reason for you to not make your rent payment is if you lack the ability to do so for a very good reason.... more
Yve - in today's slow market - being flexible is key to a successful sale. I recently wrote an article about options that may be helpful to you because it identifies pros and cons and what they are really about.
As for "negative things about who is attracted to lease option home purchasing" - I have to tell you that you cannot fall in stereotypes and believe heresay. You need to make sure that your real estate professional knows what they are doing and guides you in the right direction.
Good Luck!... more