Does any know of any rent-to-own homes in 21234 or surrounding areas? We are looking for a 3-4 BR/ 2-3 BA, basement and nice yard.

Asked by Heather Young, Parkville, MD Thu Apr 26, 2012

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Shannon Fren…, , Baltimore, MD
Thu Apr 26, 2012
Hi Heather, we specialize in rent-to-own homes, but currently we don't have any in that zip code. We've had two and they certainly did go fast when we had them. If you'd like to email us, you are certainly welcome and we can let you know when any come available...sometimes before it hits our website. We get new homes all the time and it's been quite the busy season the last couple months.

Also, our sellers rarely add a premium to the monthly rate. Since Baltimore rents are so strong, 9 times out of 10 they stick with the market rent rate. The only exception is when the anticipated future mortgage is going to be considerably higher than what the market rent rate is. For example, if market rent is $1400, but your future mortgage is going to be in the $1600s...we find that it sets you up to win to be paying a monthly that is going to be equal to or slightly higher than your future mortgage.

And lastly, there are other ways to negotiate a "rent credit" even if you are paying market rent. That's what I love about rent-to-own...it's highly customizable to make it work for you and for the seller.

Well...one last comment...our contracts are reviewed multiple times a year by MD attorneys and NONE of our sellers are in a distressed situation (upsidedown, behind in payments, property needing repairs, etc...in fact quite a few of our homes are brand new renovations!)

Shannon French
http://www.BuyBaltimoreProperties.com
410-635-4474
1 vote
Juli Blanton, Agent, Millersville, MD
Fri Apr 27, 2012
Heather -

Please give me a call at 410-978-0639. I can help you but need more information.

Juli Blanton
Keller Williams
0 votes
Stacy Emig B…, , Baltimore, MD
Thu Apr 26, 2012
As of right now the multiple list system says there are 11 homes for rent and they range from $800 to $1,550. What is your price range.
0 votes
Marney Kirk, Agent, Towson, MD
Thu Apr 26, 2012
Hi Heather! There may be a number of homes available for rent in Parkville. Are you looking in the county or the city? How much per month?
Please let me know how I can help you further.
Thank you!
Sincerely,
Marney Kirk
Keller Williams Excellence Realty
0 votes
Robert Mcgee, Agent, Baltimore, MD
Thu Apr 26, 2012
There are sone 3BR 2BA TH rentals in the area for $1300-1400 a mo. If the owner would be willing to do a rent to own the rents would be higher to allow for a credit to the purchase price. Rent to own on quality properties are rare today because rents are high at the moment and prices are low. Owners would rather retain the property for multiple years until values recover.

Bob McGee
410-560-4574
Advance Realty Timonium.
0 votes
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