Good luck, Mindy Lowry, RE/MAX Heritage
Good luck to you.
REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
Keller Williams Realty
We're finding the best houses often rent just days after going on the market.
If you take time to negotiate you often lose the house to someone willing to pay the price, and move in quicker.
We are finding many landlords won't hold properties, and some tenants now negotiating up, rather than down.
As in please take my application, I'll pay an extra $50/month if you take me.
It's brutal in many areas of town now.
Many apartments are also full.
If you credit is bad....start paying all bills on time or early. Get a copy of your credit report. If you have any collections start paying them off. This should help your score.
Rent to own (aka "lease option") are mostly a thing of the past in Texas because of legislation that puts huge burdens on the landlord / owner who is selling a home this way. While they are not technically illegal in Texas, I don't know of any investors or real estate attorneys who would recommend a seller attempt this method.
If you have a 10% down payment available, you could likely find a number of homes to purchase via owner financing, but contracts for deed and lease options will be few and far between.
Hope this helps
Dave & Lisa