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Lease To Own Homes Knowledge Base
Looking for lease to own homes with bad credit? Hi. I am looking for a lease to own property in Shelby Township, MI (48316). I have noticed that there are quite a bit of vacant homes in the area however I am not able to qualify for a mortgage at this time due to extremely poor credit. I was wondering if by any chance there are any programs/individuals that would be able to help me in my situation? I know about the restore your credit programs and stuff like that but I am in dire need of something asap like August 1st. Any advice/suggestions is greatly appreciated. Thank you in advance.
where can i find rent/lease to own homes in Lakewood, Washington? im looking for a home that is rent/lease to own in the lakewood area. if anyone could point me in the right direction that would be great.
I need to find lease to own homes in north carolina? I am getting a divorce, have bad credit...but good rental history..HELP!
How would a rent to own home lease option work if one of my roomates does not intend on buying the property? I plan on applying for a mortgage to purchase the house within 18 months. However my roomate only plans on staying for a year. How should the lease be written up, to be both legal and fair to the both of us.
RENT TO OWN OR LEASE TO OWN? homes? HOW DO I FIND A RENT TO OWN OR LEASE TO OWN HOME IN PORTLAND OR? I REALLY NEED SOMETHING LIKE THIS ASAP! IF ANYONE HAS ANY INFO ON THIS TOPIC PLEASE HELP!!
Does anyone want a Lease to own home is Southaven, Mississippi? We relocated in August and our home has not sold. Is anyone in the Southaven, Mississippi / Memphis, TN area looking for a Lease to Own home or rental property?
Wanting to find rent to own homes or lease to purchase homes ....? Moving a family of 5 to Tampa Bay Area of Florida in the end of June. What are some good sites to find the RTO or LTP homes in Hillsborough County? Would like to find a home in Riverview if possible. Thanks for whatever information you can help out with. True not looking to get scammed. Anyone who can recommend condos or apartments in Riverview, FL that are in decent areas?
Does anybdy no of any websites for lease to own home? I live in Oklahoma and trying to buy a home would like lease to own option just do not know where to look......Thanks
what is a good website for rent to own homes? I am looking to rent to own a home or lease to own a home, does anyone know any ways to do this beside craigs list and classy adds? I need a good website or someone to help me. thanks
I am in a lease to own home for 290,000, I think it is going to be appraised for a LOW AMOUNT. Am I bound to t I am in a lease to own contract for my house. We thought we were getting a good deal a year ago until we realized the prices have dropped a whole lot. The asking price is 290,000. I think it is actually worth 260,000 or less. Can a realtor hold you to this price if it is not appraised for that much?
Does anyone know of a good website to find rent to own homes or townhomes? Durham, Raleigh, Morrisvile, or Cary, NC will be where the website should offer single family homes or townhomes to lease to own. I've been trying to google this for weeks, maybe one of you has better google search skills? Thanks in advance. Looking to lease to own, because of low income. Credit is slightly below average according to equifax. I just think lease to own would be easier.
i am looking for lease to own homes in 95829 zipcode? single story with 4 bdrms 2 bath
How does a lease to own home work? I was curious how this works. can someone do this after a previous forclosure?
Who will refinance a lease to own home? I have a lease to own house that I have been in for 2 years and now the landlord wants to sell it to me. I can't get conventional financing becuase my credit is still poor and I dont have alot down.. I know there is some form of info regarding this, stating that a lease home can be "refinance" if you have been in it for so many months and you are doing a lease to own option. I need to find a mortgage company that will refinance this. Any suggestions? Thanks! there are some FHA or salliemae exceptions that allow lease to own homes to be refinanced, but I cannot find that info again. I have worked with a company that does it but their fees were high so I was going to look around to find others.
How do I find a rent-to-own or lease-to-own home in Southern Ontario.? In the Brantford Brant Haldiman area.
Required Disclosures of California Real Estate Broker in leasing own home? Does a California licensed Real Estate Broker have to disclose that he is such in a lease/option agreement for the lease of his own house to another person? If so. What is the reference to California law that requires such a disclosure?
What is a rent to own home? How does a rent to own house compare with lease purchase or owner financing? I am in the market to buy a rent to own home but I am confused about the different types of contracts available. I have heard of rent to own homes, lease purchase contracts, owner financing agreements, and land contracts. I was wondering if there are all in reference to homes for rent to own or if they can differ from transaction to transaction. Also, I have been having difficulty trying to find rent to own homes in California on my own and my realtor is pretty clueless. I was wondering if anyone had any suggestions on how I can do more research on rent to own and find more available homes.
looking for rent / lease to own home in Lakewood Ohio? Found plenty of sites on web search I am hoping some one may know of a specific company / property owner/ property management co.
buying first home, lease to own is it a good idea? my husband and I want to buy our first home, we have been living abroad and will be returning to the US... we have no rental history, and my husbands credit rating is poor. Would lease to own be our best option as we desperately want to own a home and get his credit fixed. Or are they just another scam?
We did a lease to own on a new house, now they filed a reposession of property....can we get our 15000 back? We paid 15000 down for a lease to own home.....our payments were 1500 a month. I got sick, lost my job and my husband fell behind a month and a half...they filed a reposession of property and we have 7 days to get out....can they do this? Can we get our money back...we were here less than a year and are 2189 behind...can they keep all our money?
Are there lease-to-own options in hawaii for single familiy homes? I would like to know if there are lease-to-own options for buying a moderately expensive house in hawaii. IF so then how do they work does the owner carry is it expensive to do this in hawaii?
What is the best way to go about renting to own a home? Do we need to seek a Realtor to help us or is there a reputable online site for Renting or Leasing to own homes in northern california. Thanks! I live in Berkeley/Oakland (94618) Thanks!
how to write up a lease to own by owner contract? I want to lease- to- own my home but do not know how to type up a contract.
Is it worth it to "lease to own" a home? My fiancee and I are moving to Texas. We're not 100% sure we are able to buy right now, and he mentioned lease to own. I've never looked into it, is it worth the effort ? Is it beneficial to the person leasing, as in cheaper, less hassle? Or is it just as much trouble as buying a house? I've only ever rented, so any info or personal experiences about this would be helpful. Thanks!
Is a lease to own option legitimate when purchasing a home? I am considering a lease to own as an alternative to buying a home outright. The reason being that I do not have the capital for a down payment and my credit isn't exactly wonderful. How is a lease to own supposed to work...during the lease, who will be responsible for repairs to the home, property taxes and homeowners insurance. Will I be responsible as soon as I move in or after I actually assert my option to purchase the home at the end of the lease? What should I be looking out for to avoid getting scammed?
How exactly does Lease to Own work on a home? I'm selling my home, but never considered leasing it out. I know there's a contract, and it's like renting, but with the intent of the tenants to buy, but when? Are those details stated on the contract (i'm sure they are)? How long do they normally lease? And when buying the home, do the buyers pay for what's left on the mortgage? Any help is greatly appreciated.
i live in a mobile home park in louisiana and own my home but lease the land. Can i keep my dog by law? my land lease says no pets after 2009, but my trailer has been there since 2005, but i just moved back in it. I own my home where the dog stays, can he evict me for keeping my dog
i am looking at homes to buy and i keep coming up to lease purchase and rent-to-own? i cannot find out what the diff. is between lease purchase and rent-to-own like one home that i like say opition to purchase home year one for 149,000 increases 5% year two what dose that mean to thank you so much
I want to lease to own a home.? I want to move out of my apartment and get a home that is lease-to-own. If I do this, will I be able to rent out the two other bedrooms? If I do rent the other bedrooms, are the other people partial owners or are they just renters? And do I set up a rental agreement between myself and the renters or does the owner of the property set up the rental agreement between himself and the renters? Thanks.
How is the downpayment on a lease to own supposed to be used? I am trying to do a lease to own to sell my home. Is the full amount of the down payment supposed to be applied to the balance I still have left on the mortgage? How is the downpayment on a lease to own supposed to be used? A lawyer will revise the contract for me and represent me on this. I just want to know how much of the downpayment money I can keep as a profit.
Has anyone ever bought a home thru a lease to own situation? What where the pro's and con's and would you recommend this to other people? My husband and I have so-so credit. When we were first married we made bad choices, but that was 8 years ago and we have tried to only do positive. But, we are worried that we still wont be approved for a home loan and that a lease/purchase might be our only option. So any input would be nice. Thanks
Lease To Own Housing in Massachusetts? Where is the best place to start looking into leasing a home to own ? I have terrible credit (low 500's) and no money to put down. I can't keep paying a landlord for a crappy place to live anymore. I need a home, no matter what its like. I can fix it up all I want which makes me happy.
What do you think of a rent-to-own home, or lease option? My fiance and I are getting married in October. We're tired of renting and have been very interested in buying a townhouse. Our apartment lease ends this December, and since we're paying for our wedding in October we have no opportunity to save for a down payment on a house this year. What do you think of a rent-to-own home, or lease option? It sounds like a great opportunity for us -- ready to buy, but we need a little time to save for a down payment, and to qualify for a better mortgage. What are your experiences with the rent-to-buy or lease option? Advice is welcomed from sellers, buyers, realtors, or anyone who's had experience in this field. Thanks!
lease to own home calculator? I am planning on leasing-to-own my house to someone else, but I need help to calculate the monthly payments. Anyone knows of an online calculator???
Looking for rent to own homes and townhomes, need a few sites to search? My fiance and I are moving out of our mold infested apartment building (our landlord is releasing us from our lease, free of any charges). We've decided that we are tired of renting and have exhausted our apartment search with not much success. We want to take a look at rent to own places in Denver, CO and I'm looking for a few sites to search. Any ideas?
How can We get a Lease Purchase Home, Rent 2 Own? My New Husband and I have made some bad credit choices in the past and it is taking alot longer to fix them then we planned(its gonna take us over about 2 years to have good credit). We have been married 2 weeks and we both still live with our parents. We need a house now, but we really don't want to wasit our money on Rent. Unless we can own it.
How do I set up a "lease to own agreement" on my home? I am allowing some friends with less than perfect credit "lease to own" my home. However, I still have the mortgage in my name. Today my friend informed me that he would gain nothing from renting my home because we lender wouldn't allow it. All we want to do is put his name on my mortgage so he is able to improve his credit score by making payments on time every month. Do we have to re-finance in order to add his name to the mortgage? Are there any other available options open to us?
Real Estate Question: Lease to own option and adding a person to the title of the home? Person A owns the home and offered person B a "Lease to Own" option. The lease to own option states: 1) Person A wants person B to pay %50 of the property taxes during the lease period. Person A will add person B to the title of the home so that person B can claim the mortage payments & property taxes as a credit at the end of the tax year. However, person B is not on the loan. 2) When person B excersices the purchase option at the end of the lease term, the purchase price will be the balance on the mortages + any outstanding taxes owed on the property such that person A can leave the transaction without owing anything. If person A defaults on the mortage/loan and forecloses, what does that mean for person B? Will person B also be liable for the loan?
is there a difference in rent to own and lease to purchase on a home? In July our lease is up, we want to move into a home. Our credit isnt the best and we wont be approved for FHA until Sept. So we are thinking about rent to own or lease to purchase but is there a difference in the two? and is it a good idea?
Where can I find example or template "Rent-to-Own"/"Lease-to-home" housing contracts? A good friend of mine has a house. She wants to rent and sell, but a possible tenant is interested in a lease-to-own arrangement . I have read up on a lease-to-own arrangement, so I would next like to see what a contract looks like. Where can I find such contracts at online?
On a rent to own home is the price of the home locked in or is it appraised at the end of the lease period? I live in an area where real estate value skyrocketed after Hurricane Katrina.The market is already going down and I expect it to be close to pre-katrina value in one year. BTW:I do not have a signed contract but I am very interested in a rent to own home.I just want to make sure I have all the facts before entering into one.
What are the biggest questions on how to rent to own a home or condo? Rent to Own home questions, problems, or lease purchase issues No money down home purchasing, bad credit, debt issues, obstacles preventing home ownership that need to be overcome. What is the need for a rent to own home? I want to know why do people need them, the problems, concerns, or situations that make a rent to own home necessary.
Rent to Own Home and Lease Purchase whats the diff? Rent to Own Home and Lease Purchase whats the diff? Whats the diffrence in a Rent to Own Home and a Lease Purchase??? Please explain Im learning.
Is there a website with RENT- TO-OWN or LEASE-TO-BUY listings like craigslist? for the SAN FRANCISCO BAY ARE? I am looking for a home rental in the Bay area, but not quite ready to buy. I have heard of lease-to-buy options, but I am having trouble finding listings in the bay area. I am so used to craigslist I suppose I am assuming its gonna be THAT easy. If someone could help me that would be GREAT!!! Thanks!!
Lease to own Real Estate Massachusetts? I would like to offer my home as lease to own - it took the neighbor over 9mnths to sell their similar house and they took a big loss. Any opinions on doing this and do you think I could get someone pretty quick? Any warnings on what to put on the contract? Would a $2,500 non-refund option with $250/mnth of the rent going to towards the purchase price be okay? I am looking to purchase a different home and that is why I will possibly be in a hurry to get rid of my existing home - can't wait 9mnths to sell it if the house I want is for sale now...
Does anyone know of a good website to find LEASE PURCHASE homes? We are looking to find a home, that is either LEASE-PURCHASE, or RENT-TO-OWN. We have been looking for a good site, but so far haven't found any good ones. Do you have any ideas, on sites to look for this? Any help would be appreciated!
How do I regain rights to a home I own that is under a lease option contract where the lessee is in default? I live in Utah. The Lessee has subleased or rented the property (which is ok). The lease agreement says that if the lessee doesn't make a payment, I need to send a notice of default (which I wrote up and faxed to the lessee). The lessee has 5 days to cure such default (which they haven't). Since they didn't, I now have the right to terminate all rights they have to the property. I don't necessarily want to evict the current tenant. I'm willing to write up a contract with them so they can stay. I need to know if faxing the declaration of default, that I wrote up is legal "written notice". I also need to know if there is anything else that I need to do legaly so I can bypass the lessee and go to the current tenant and sign a contract with them and just have them start paying me.
Home sale, lease to own option? I'm in a very soft market right now and wish to offer my home for sale with a lease to own, or purchase contract. However, I want to require $20,000 down that in the event the buyer's did not follow-through with the purchase, they would loose their down payment. Since I have a loan on the home, I cannot owner finance the home. Is this doable? Or would the leasees have ownership rights to the home? Can my attorney draw up a contract that basically states the $20K is a down once is transfers to a purchase, if they default on the rental payments or fail to convert to a purchase in 12-18 months, they loose their $20K and walk away?
Texas law on lease (rent) to own.. on a home?? I was wondering if anyone knew what could happen in the case of..... My husband and I are leasing (renting) to own a home, in Texas. His work is talking about transferring him to another location, and we would need to move. What can be done? Can the business we are leasing from garnish his wages if we leave? Any advice or info will be greatly appreciated.. Thanks..
O Your Help***Please I need an example of a lease contract for a lease to own? I want to lease a home before I buy it so I want to put together a document to propose to those home owners who are looking to sell. I would like to read up on a few contracts and docs to make sure that I know fully what I am doing.
What is the difference between rent to own and lease to own? I need to know what my rights are for kicking out a tenat who had a lease to own contract, and how to prevent this from happening again if I decide to try to sell it again. It is a single wide mobile home with no land, no foundation.
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