Can I Find A Rent To Own Property

Can I Find A Rent To Own Property

Can I find a rent-to-own property?

Can you find a needle in a haystack? Of course you can, but the probability isn’t very high. The same can be said about a rent-to-own property. A common question from home buyers is whether rent-to-owns exist or whether an owner would consider that option. They are out there, but there are somethings that you need to know before agreeing to a rent-to-own.

When an owner is offering “rent-to-own” as a possible financing option, they are taking on a high risk since in most cases, a rent-to-own buyer has a credit score that is not impeccable. Since an owner is taking a higher risk the terms for a rent-to-own must be considerably favorable for the owner. This often leads to less than favorable terms for a buyer. When looking at a rent-to-own as an option you can expect to provide a considerable amount of money down and a higher interest rate than what a lender is currently offering.

If you’re able to purchase a home by financing through a bank or lender, you will be better off because the terms will be more favorable.


About the authors: The above article“Top Frequently Asked Questions From Home Buyers” was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).


Salvatore Defrisco Headshot
Author:
Phone: 561-644-0052
Dated: January 16th 2017
Views: 90
About Salvatore: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Black Panther Breaks Box Office Records - The Box Office Hit 'Black Panther'
Your Home Value - Curious about your home's value?
Training - Having gone through Exit Realty
JUST REDUCED MAKE An OFFER - http://hometakesvideos.com/

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Exit Realty Premier Elite
8961 Hypoluxo Road
Lake Worth, FL
561-701-8124


Other Locations