Rentals in Glen Burnie>Question Details

Eddie Abelia, Renter in Elk Grove, CA

Rent to own or lease

Asked by Eddie Abelia, Elk Grove, CA Fri May 18, 2012

I have been looking at rent to own or lease since I am in a short sale at this moment. Is this an option I should look into vs renting if so which realty company can I trust?

Help the community by answering this question:


Hi Eddie,

We specialize in rent-to-own in the Baltimore & surrounding areas (including Glen Burnie). It certainly is an option for you. We'd be sure to find a home & seller who would be able to lock in a longer term than the typical 18 months. Depending on your short sale situation, you will likely need at least 2-3 years.

You are smart to do your due diligence. Although rent-to-own has been around forever, it is a specialized niche beyond the standard training of the average realty company. The professional you choose to work with should be able to tell you the difference between a Lease Option, a Lease Purchase and Seller Financing. These are 3 different types of transactions with different contracts and different ramifications, but they all have fallen under the general "rent-to-own" term. Even better is to find a professional who has had experience with all three.

Feel free to check out our website at We have an FAQ section as well as video testimonials from both buyers and sellers.

All the best!
1 vote Thank Flag Link Fri May 18, 2012
I would tell you to play it safe, rent but don't get involved in another train wreck now. Avoid rent to own. If you can't buy in a year os 2 then you will lose all the deposit and option money and with a short sale under your belt it is not likely a bank will loan you money when it comes time to buy the rent to own. Avoid it!!
1 vote Thank Flag Link Fri May 18, 2012
rent to own is a very broad and catchy term . Remember if it sounds too good to be true it is . Not an option . Best bet is to look long and hard for a for sale by owner
0 votes Thank Flag Link Tue Sep 24, 2013
Doing a rent-to-own deal can be very helpful in rebuilding your credit after a short sale and it lets you start working on the purchase of a home right away. If you're looking for one, my property manager up in Elk Grove would have good leads for you.
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0 votes Thank Flag Link Fri May 18, 2012
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