I am looking for a rent-to-own opportunity in Hudson or Merrimack, NH....3 bedrooms, 2 baths preferably. Help...

Asked by AndreaB, Merrimack, NH Wed Feb 22, 2012

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Lise Tremblay, Agent, Nashua, NH
Wed Feb 22, 2012
Good morning Andrea, Rent to own can be difficult to find. But I would be happy to do some research for you and send e-mails to all the different company's to see if anyone has a listing that would consider it. I would need more information from you. Credit good or bad? Pets, Smoker, what your needs are in a home, bedrooms ect....
Price for rent and have you spoken to a lender? If your not ready today to purchase than when you are what could you be pre-approved for and most importantly what would be your comfort level for a monthly mortgage with taxes, interest, insurance. I can be reached anytime my info is below. Thank you for your inquiry and I look forward to hearing from you.



Lise Tremblay Realtor'
Prudential Verani Realty
Visit My Website

http://www.lisetremblay.net

http://www.SouthernNHHomeSearch.com

P. 603 888-4600 ext.1138
C. 603 377-0771
F. 603 891-1486
1 vote
Jim Simms, Mortgage Broker Or Lender, Louisville, KY
Wed Feb 22, 2012
Be very careful, sellers are not subject to the same regulations as lenders. You are assuming the seller is in a better position than you are, often a very big mistake. Usually the reason a buyer seeks owner provided financing is because the buyer does not qualify for a traditional loan. Underwriting guidelines protect the buyer more than they do the lender. If you work around not qualifying for a traditional mortgage the risk on your side increases a lot. If you search around even a little bit you will find plenty of “buyers” that tried owner financing or lease to own that did not work out so well. The underlying assumption is the seller will also be able to perform someday down the road. That is a very big what if, people die, get divorced, go belly up, lots of bad things could happen to the seller before you are ready. See more info in the link below I hope my observations protect you, good luck,
0 votes
Scott Godzyk, Agent, Manchester, NH
Wed Feb 22, 2012
Andrea please email me direct what price range you are looking in for monthly rent and a sales price. I can take a look and email you some listing sheets if available.
Web Reference:  http://www.ScottSellsNH.com
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