I want a Rent-to-Own or Lease Purchase house in the Los Angeles, California area. How can I find one?
I'm interested in either the South Bay or Southeast area?
Public Comments
- There are really 3 easy ways to find a house in the RTO segment of the real estate market. 1) Pick-up a newspaper and check the classified section. With the market the way it is right now you should be able to find a lot of deals offering RTO. 2) Call your local real estate broker and ask them if they have any properties listed that may fall under the RTO category or if they have any sellers that might consider this option. 3) Call the banks, a lot of them currently have a lot of foreclosures and will probably be willing to discuss the RTO option with you.
- in case you didnt know most rent-to-own homes are scams and they over charge you....why dont you try to look more on forclosed homes you can get really nice ones for cheap
- Look in the House for Rent section of the Classifieds in the Sunday paper. If the house is up for rent, possibly the owner is: A) An investor who needs to unload this house and is trying to rent it out; or B) A desperate home owner who transfered outta state and didn't sell it in time. Call the houses that may appeal to you, and after listening to the owner, ask them if they'd be interested in doing a Lease-option. Most may not be interested, but some might. It's a numbers game. The more you call, the more chance to find a willing participant. Good Luck...
- SJ, I have a lead for you that is time sensitive. Try this contact: sheilalharris@sbcglobal. Good luck
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