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Asked by Jctproperties, San Jacinto, CA Sat Jan 26, 2013

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Sun Jan 27, 2013
My wife and I renting out one of your homes. We will entertain a Lease Option to Purchase depending on your situation. Since I am a mortgage lender, I can help put you reestablish yourself in order for you to be able finance in as little as 2 years. This area does qualify for special financing options. Let me know if you have any questions. Click on the link below:

http://www.trulia.com/rental/3106894967-21643-Pink-Ginger-Ct…
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, ,
Sun Jan 27, 2013
JCTProperties,

Are you familiar with why a lease to own contract may not be a great option? And they are extremely rare in a seller market like this.

Owner financing is rare as well because most people don't have equity, and if they do, they need that to apply to their next home purchase. You are either buying a foreclosure, short sale or a standard 'flip' sale from an investor who wants his money back ASAP.

$20K is not enough for private financing....you need at least 30% down payment.

I suggest you wait out the three year's before you can qualify for FHA financing and find a good rental.
Web Reference:  http://homeloanartist.com/
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Your Solar R…, Agent, Silver Spring, MD
Sat Jan 26, 2013
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