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Rentals in Aloma : Real Estate Advice

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Mon Mar 16, 2015
Scott Garrison answered:
I don't recommend you do a Rent to own- either Rent or Buy. Orlando's market is way too hot right now for most seller's to even consider Rent to own; in my experience as both a Realtor and an Investor is that the only owners considering doing Rent to Own are asking OVER current market value right now and want a Big NON-REFUNDABLE Deposit to "secure" your option- this turns into just a rental with a BIG deposit you won't get back- good for the owner, not so good for you. And out of 1000 homes for sale maybe 1 or 2 will offer Rent to own- it's far better to either Rent or buy and not try to do both. Most Realtors will tell you they've never even HEARD of a "rent to own" actually turning into actual owning. ... more
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