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rent to own homes

Do you have any rent to own houses? Two bedrooms and two baths.

  • March 15 2014 - Smyrna
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Answers (4)

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  • March 18 2014
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Profile picture for Dan Tabit
I love Wetdawgs answer.  I've seen a number of inquiries to Rent-to-own in the past few months and I wish I knew where they are coming from.  I completely agree to that you should find an affordable rental and put your time and energy into fixing the issues which prevent you from buying now.  You'll have more options and better terms when you can buy.  Depending on your issues and your available funds you may be able to raise your credit scores in a few weeks to qualify for a purchase.  Just make it a priority and learn all you can about it.  Find a lender who assists with credit repair and you'll do well and be ready sooner.
  • March 15 2014
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Profile picture for RealEstateCrew
Yes, yes zillow does have this. 
  • March 15 2014
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Profile picture for wetdawgs
You may be able to find "rent to own" homes either using a keyword search or by contacting a local agent.  

Rent to own is not simply renting and then you own the home, instead plan on:

A significant non-refundable down payment.
Monthly rent is higher than fair market rent, only the difference goes to purchase.
If you cannot qualify for a mortgage at the agreed time and price, you have to move and lose all your money.
The choice of homes is slim to none.


Before you enter the contract, make sure you get all inspections done and hire an attorney to review the contract.

Usually it is safer for your money to spend time either repairing your credit and/or saving up your down payment rather than try to find to a rent to own home.
  • March 15 2014
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