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Property Q&A in Paradise : Real Estate Advice

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Activity 4
Sat Jul 2, 2011
Yatesjub8 asked:
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This question is about this property: http://www.trulia.com/property/1053833413-142-Hereford-Ct-Paradise-TX-76073
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Mon Apr 20, 2009
Donna asked:
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This question is about this property: http://www.trulia.com/property/1074050598-9-Acs-Cir-3355-Paradise-TX-76073
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Sun Oct 5, 2008
T.E. & Naima Sumner answered:
Carolyn,
There is an agent that services Wise County that seems very knowledgeable. She is active on this website and her name is Kathy Fisher. She will probably be able to help you with alternatives if the lease to own option is not available. Here is a link to her site: http://www.kathylfisher.com/

Naima
214-289-8555
naima@sumner-realty.com
... more
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Sun Oct 5, 2008
Bruce Lynn answered:
I personally don't like this idea. In my experience few people end up buying. This presents a problem as your contract normally obligates you to buy and puts your down payment at risk if you don't. If you want to rent --then do it, RENT. If you want to buy, then BUY, but don't mix the two. We've recently taken steps in Texas to prohibit these types of transactions. There are still people advertising such schemes and think they have a way around it, but the intent and content of the law is clear-NO RENT TO OWN. There's a reason for the law and that is that there were too many bad guys out there taking people's money in a lot of different ways. As a person wanting to rent you put yourself at some risk agreeing to these transactions. ... more
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