Zillow Advice: Buying Process - Are there any homes that are rent to own in this area that does not require good credit.

Lease options are a form ...

Wed, 27 May 2009 21:02:00 GMT

Lease options are a form of rent to own. Check out www.leaseoptiongrouphomes.com there is several houses on there that people are willing to rent to own or lease option with a down payment and good credit is not exspected in most cases. The realtor's who operate the site are very knowledgable with this process and where lease option homes are available..They have helped several get into a lease option in the Portland area.

Careful, do not confuse a ...

Sat, 23 May 2009 18:12:00 GMT

Careful, do not confuse a seller's willingess to carry financing as something you automatically want to jump into.

Do not let poor credit rating make you too desperate to own.

Working on your credit to expand your options while searching is wise.

Just take your time, think things through, weigh things out, and be careful. Think in terms of months and years instead of days.

Seek the representation of a good local Realtor to help you take these steps. Best wishes ....

C: in this marketplace, ...

Sat, 23 May 2009 17:57:00 GMT

C: in this marketplace, there is some flexibility and creativity in financing surfacing. You would need to have your real estate agent set up a search for homes&sellers offering alternative forms of financing. It would be as individual as the sellers themselves, as to whether of not the seller would require a certain credit score (IF they were offering a "rent to own" option).

Yes. Many times homeowners ...

Sat, 23 May 2009 01:56:00 GMT

Yes. Many times homeowners are willing to take a chance on their renters, especially if the renters can come up with first and last and a security deposit. If you can do that, I think you will be fine. Craigslist has a large number of homes posted for rent as do many other sites.