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For Rent in Pearland : Real Estate Advice

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Activity 3
Mon Jul 17, 2017
Thesmallstage1 asked:
longer term tenants, e.g., six months to a year and beyond. I have great reviews, pictures, and many amenities in my 5300 square-foot home: private bath, large lounge, laundry room, pool,…
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Sat Feb 28, 2015
Phillip Madison answered:
Thu Aug 8, 2013
Don Groff answered:
There always are options like that. You will be best served to just start working on your credit so you can buy in a year or so. To do an owner finance takes a lot of knowledge and you are going to pay a much higher premium than just renting and buying when you can get it done.

You will also most likely need to put down a substantial amount of money upfront that you will lose should you not buy or not be able to buy withing a specific period of time.

So while it's possible I would forget about it and work on your credit. Find a lender who will work with you and get to where you need to be to be able to buy in the future. If not make sure you close in a title company and consult a real estate attorney to protect your interests.

Hope that helps.

_____________________________________________________
Don Groff | REALTOR® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | listings@dongroff.com
websites: www.AustinListed.com | www.360LendingGroup.com

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