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About Home Equity Loans & Bad Credit
About HUD Homes
About Loss Mitigation
About Rent-to-Own Homes
Do You Need an Appraisal to Sell a Timeshare?
First Time Home Buyer Checklist
How to Apply for a Housing Voucher
How to Apply for Housing Assistance
How to Get a First Time Home Buyers Grant
How to Get Federal Housing Grants
How to Make an Offer on a House
How to Refinance a Home
How to Sell a Home by Owner
How to Sell a Home Using an Auction
How to Sell a Timeshare Property
How to Sell Your House Quickly
How to Sell Your House Without a Realtor
What Do Home Appraisers Look For?
What Is a Home Abstract?
What Is a Short Sale in Real Estate Terms?
What Is Illegal House Flipping?
What Is Refinancing a Home?
What Is Spot Zoning?
What Is the Definition of Equities?
What Is the Foreclosure Process?
What Is the Definition of a Duplex?
Where to Find the History of Your Property
A few questions to ask when renting a home should revolve around the nature of the neighborhood, the demog… More
When renting out your home, advertise the property with yard signs or on the Internet, and consider hiring… More
Getting a rent-to-own home involves working with a Realtor who can contact the seller and work out a renta… More
If a job or family situation takes you away from home, consider renting out your home to offset all or par… More
Find a home to rent using the Internet to browse listings in the desired area. Browse rental listings and … More
Whether due to employment relocation or just a desire to reside in a new dwelling, qualifying to rent a ho… More
Finding a home to rent isn't always easy. When you are searching for a place to live you may find yourself… More
If you are looking for a way to invest some money, buying property to rent out is a popular choice. Homes … More
Rent-to-own homes allow renters the option to purchase the house during a set period of time, often with r… More
Houses for rent are replacing for sale and foreclosure signs across the country as homeowners and property… More
Renting your first home is an exciting time for young couples who have been living in an apartment for yea… More
Any house that is on the rental market can be rented, but it is not advisable to rent a house that is goin… More
Summary: Rent-to-own homes allow renters the option to purchase the house during a set period of time, often with rent money going towards the down payment of the home. Learn about the benefits of a rent-to-own home in a soft real estate market with tips from a mortgage specialist in this free video on real estate.
Stetson Lowe is a mortgage expert specializing in assistance with resolving complex mortgage problems and advising both Realtors and mortgage advisers.read more
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"Hi my name is Stetson Lowe and in this clip we're going to be talking about rent to own homes. Often times you'll be driving around and you may see a sign in a front yard that says rent to own or lease to own. This is a home that is up for rent or for lease with the end result for the seller wanting it to actually be to sell it to you or the person renting the home. There are many advantages to this in a soft market you may be able to rent the home and setup a period of 1 to 5 years where you rent the home with the option to purchase it anytime during that time. In a soft market if property values go down, you're not obligated to buy the home so you haven't lost any money. Whereas in a long market or a great market, if the property values gone up, you've already agreed in writing to buy this home for a set price or you have the option to buy it for a set price pre-established so then you'd have built-in equity. Another benefit of a rent to own situation is that a portion of your rent each month typically goes towards the purchase price or the down payment that you would have to come up with when you go to finance the home or exercise your lease option. So there's many advantages to a least option. If you have bad credit and can't qualify for a home, I would highly recommend a lease option or a rent to own situation on a home."
eHow Article: About Rent-to-Own Homes
Meet Mark P Cussen, CFP, CMFC eHow's Personal Finance Expert.
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