{"id":766,"date":"2020-04-29T20:02:48","date_gmt":"2020-04-29T20:02:48","guid":{"rendered":"https:\/\/myprivatelender.com\/?p=766"},"modified":"2023-07-06T05:34:15","modified_gmt":"2023-07-06T05:34:15","slug":"lease-to-own","status":"publish","type":"post","link":"https:\/\/myprivatelender.com\/2020\/04\/29\/lease-to-own\/","title":{"rendered":"Rent to own a home"},"content":{"rendered":"
People have many options to purchase a home, one of them so-called Rent To Own. It is a solution for clients unable to save down payment during a foreseeable time and or who have credit issues. In any case, before you enter into any type of rent or rent-to-own agreement, you must contact an experienced mortgage broker. There are many landlords; investors unable to sell their property are resorting to this type of arrangement. Reasons can be, I am not saying for sure; overpriced property, the property needs upgrading, fraud, and so on.<\/p>\n
So this is a two-way street. Two parties want to make a deal, however, it has to be fair and you must look to get the right advice from your trusted adviser<\/a><\/strong>, your mortgage broker, to: check out ownership and vendor really own the property.<\/p>\n <\/p>\n check out the property, what type of liens, caveats are on, and whether they are removable<\/p>\nWhat to watch for!<\/h2>\n