You find a rent to own home available, currently worth around $200,000. You sign an option agreement at the purchase of $200,000. 24 months go by and you are ready to close on the house.Real estate prices have dropped and the home has just appraised at $180,000. What Do You Do? There are a few different options available to you as the tenant/buyer and they should be written out in the option agreement you signed upfront. Tenant/Buyer Pays The Difference There is a $20,000 difference … [Read more...]
Seller stopped paying mortgage on a rent to own house
Unfortunately, we are hearing about this disaster taking place more and more often. Imagine This... You move into a rent to own home and everything is great. Then for whatever reason the homeowner is unable to make the mortgage payments, even though YOU are making your rental payment each month!Months go by and you don't find out until pre-foreclosure letters start showing up in the mail.There are a few things you can do to ensure this doesn't happen to you. You will never be able to … [Read more...]
Paid Way Above Market Rent
It is common to pay full retail or slightly above current market prices for rent with rent to own homes.Be sure you check out market rental amounts for your area, so you aren't over paying by too much!If the rent is high, try to offset it by getting high rent credits to offset the overall rental amount.There are a few sources you can use online to get an IDEA of market rent for your area. These are just predictions though, accuracy would depend on more exact factors (home qualiity, … [Read more...]
How Our Company Can Help Sell With Seller Financing or rent to own your house
If you are interested in how our company can help sell with seller financing then please read this article. When you are faced with a deal then it is essential to get the details correct. If details are not correct then the deal may not be sealed and a loss will likely occur. This can be a complex problem for sellers and it is important to find a professional company that can handle the deal correctly.Our company will help with supporting everything from marketing, locating a buyer, … [Read more...]
Rent to own Mobile homes Baxley Rd, Dade City, FL
This rent to own mobile homes is a 5 bedroom 2 bath home on a half acre of land.Act now and give Cole a call at 813-421-3603 … [Read more...]
Rent to own homes in Florida and the Secrets to Lease to Own Success!
Rent to own homes in Florida are usually not difficult to find. The most challenging part about finding rent to own houses is finding something that meets your specific needs.For many different reasons families are unable or unwilling to purchase a home with a conventional mortgage. This could be due to their current credit score, stability, or long-term plans. The families who have an interest in pursuing rent to own homes are limited to what they can find on the internet or by driving … [Read more...]
Finding a Rental House in Tampa FL
Trying to find a house for rent in Tampa can be very frustrating to say the least!Many people complain that there are not enough houses to choose from. You might find the perfect house for rent but the seller is asking for a rental fee that is out of your budget. Tips and Resources:Resources Free Step by Step Blueprint Available Rentals in TampaHere's a quick tip after you have found the house you are serious about renting:Houses for rent in today's market are less per … [Read more...]
When Does It Make Sense To Rent To Own?
This is a question I get from homeowners who have heard about our rent to own program. They see the rent to own listings and ask if listing their home is the right choice for them.For many homeowners the idea of renting your home instead of just selling it is a decision made after months of trying to sell your home on the MLS.Renting or leasing your home is a great idea for offsetting your mortgage payments. This is also a good decision if you owe more than your home is currently … [Read more...]
Rent to own homes Listings and Contracts | A Resource page
Today We are providing you with a few good websites to check out. They are about rent to own homes and rental homes.Update: We are now offering rent to own contracts with a full review on the importance of using the right agreements. Check out the article!Please check out the sites below and let us know if any of them were a big help to you in your rent to own house search:Robert Kiyosaki is Off his Rocker (Again) – Is The 401(k) Really ... - Is the 401(k) a Scam? If … [Read more...]
How to Sell Your Home with Rent to Own – Avoid the Land Mines
Offering your home as a rent to own? Learn how to structure the lease and option agreements.So you finally realize your home isn't going to sell in this market at your list price. Also, you might be trying to avoid renting your house because you know you will be back in the same place in 12 months after your tenants move out.So what are your options? Consider offering your house as a rent to own home. Offering your home as a rent to own can be a wise decision. Taking the time to … [Read more...]
