0
Like most financial decisions, there are pros and cons associated with rent-to-own programs. On the downside, you usually pay 2-3 times more in the long run. So it is often much better to buy outright. And if you cannot, keep in mind the extra money you are spending to rent to own. It is like leasing a car then buying it.
The advantages of rent-to-own programs are immediate occupancy (if home related) and easy qualification.
Add your answer:
Earn +20 pts
Is getting a rent-to-own home a good idea?
It is a good idea if your credit is weak and you would be unable to get a conventional mortgage to purchase a home. The plus side of rent to own is that it will allow you to build credit and equity and a part of your rent money goes towards the down paymen.
Where can I find good rent to own home in boston?
one place to look is www.irenttoown.com/rent-to-own-boston-rent-to-own-homes
How can you find rent to own home programs in your area?
You can check your local yellow pages or phone book for local realtors, housing authorities, or companies which specialize in rent-to-own housing. Another good resource is the real estate pages or accommodation ads in your local newspaper.
Where can one start a business career?
One can start by buying a franchise, like a restaurant or a retail store. Or, if one has an idea or good product, they can start their own business either at home or in a location one can buy or rent.
Who do I talk to about rent to own homes?
Your best bet for rent-to-own homes is talking to homeowners who are selling. Even those who are not advertising rent-to-own may agree to it if you ask them. If they are having a hard time finding a renter, and are also trying to sell the home, they will most likely be willing to do rent-to-own.
Is getting a rent-to-own home a good idea?
It is a good idea if your credit is weak and you would be unable to get a conventional mortgage to purchase a home. The plus side of rent to own is that it will allow you to build credit and equity and a part of your rent money goes towards the down paymen.
Where can I find good rent to own home in boston?
one place to look is www.irenttoown.com/rent-to-own-boston-rent-to-own-homes
How can you find rent to own home programs in your area?
You can check your local yellow pages or phone book for local realtors, housing authorities, or companies which specialize in rent-to-own housing. Another good resource is the real estate pages or accommodation ads in your local newspaper.
Are rent to own homes a good way to purchase a home?
If you're not able to qualify for a traditional loan. Purchasing a home on rent to own may be a good option.
Do I need to consult a lawyer before investing in a rent to own home?
No, you do not need to, but it might be a good idea to do that. There are tons of scams out there, and people try to steal your money all the time. A home is expensive and you do not want to lose your money. You are not required to consult a lawyer before a rent to own home deal. However, it is not a bad idea to retain one if you have questions on the deal.
How can one get a rent to own some computers?
There are many ways to rent-to-own electronics, including computers. Perhaps the most common way would be through a company, such as Rent-A-Center. Some colleges also offer rent-to-own programs if you are a student there. If you can not find a suitable option for your needs, many companies offer promotional interest-free financing, which allows you to purchase the computer and pay it off incrementally.
Would it be a good idea to make your own clothes then wear them at school?
it would be a good idea only If you are good at making your own clothing and it looked professional.
Where can I find a rent to own home in Georgia?
You can find a rent to own home in Georgia at www.ezhousebuying.com. Another good site is www.findmyroof.com/ga/leasepurchase You can find many rent to own homes in that area by visiting www.craigslist.org. You can also try www.rentlist.net or www.garenttoownnow.com.
Is it a good idea to defend your own case in court?
No, it is never a good idea. There is an old saying: "The man who acts as his own lawyer has a fool for a client".
Do people rent or own houses in Australia?
They rent and own houses
How does rent to own work exactly?
There are many ways one might 'rent to own' a property. The general idea of the concept being one makes payments (essentially renting) a property until one pays off the debt (therefore, owning it).
Can you legally repo a portable storage building if it is bought on a rent to own agreement?
cook will love that idea because they are lone shark
