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Asked by Norm, Villas, NJ Mon Jan 19, 2009

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Answers

3
Carolyn Holt…, , Ohio
Mon Jan 19, 2009
Norm,
The renter gets to "try before he buys", a great concept in today's market. Also, if he finds that this IS the house that he wants to buy, he doesn't have to get financing approval up-front nor will he have to move at the end!

In some cases, he can be earning a "rent credit" and actually have $$ to use towards closing costs/prepaids, should he decide to go forward with a purchase.

If you would like to speak in more detail, or need the name of a great realtor in your area, please call me at 440-376-5475.

Happy house hunting!!
Web Reference:  http://BubblesList2Sell.com
1 vote
Bill Eckler, Agent, Venice, FL
Mon Jan 19, 2009
You have the inside track on a home you would like to own without having the resources to obtain it at the present time.
1 vote
Dallas Texas, Agent, Dallas, TN
Mon Jan 19, 2009
You are correct if you cant qualify for price determined when you are ready purchase home. However if you have an interest allows you 1st right of refusal decline purchasing property. I executed agreement recommend to place an agreed price however if I were property owner I would want knowledge know you can even obtain lender approval, if so in what amount of time.
Web Reference:  http://www.lynn911.com
1 vote
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