Comments on: The “Rent to Own” and “Lease Option” Alternatives for Homebuyers http://bhgrealestateblog.com/2010/01/06/the-%e2%80%9crent-to-own%e2%80%9d-and-%e2%80%9clease-option%e2%80%9d-alternatives-for-homebuyers/ Insights Into The Real Estate Industry Fri, 30 Jul 2010 23:58:32 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Rent to Own and Lease Options | Blog of Craig's Arizona http://bhgrealestateblog.com/2010/01/06/the-%e2%80%9crent-to-own%e2%80%9d-and-%e2%80%9clease-option%e2%80%9d-alternatives-for-homebuyers/comment-page-1/#comment-4744 Rent to Own and Lease Options | Blog of Craig's Arizona Wed, 03 Feb 2010 17:13:26 +0000 http://bhgrealestateblog.com/?p=4281#comment-4744 [...]  Post Inspiration/Reference: CleanSlate Blog [...] [...]  Post Inspiration/Reference: CleanSlate Blog [...]

]]> By: estate agents http://bhgrealestateblog.com/2010/01/06/the-%e2%80%9crent-to-own%e2%80%9d-and-%e2%80%9clease-option%e2%80%9d-alternatives-for-homebuyers/comment-page-1/#comment-4569 estate agents Fri, 15 Jan 2010 08:29:27 +0000 http://bhgrealestateblog.com/?p=4281#comment-4569 Thank you for sharing the views, which are useful for everyone especiallly who desires to "Rent to Own" and "Lease option"., <a href="http://www.propertylive.co.uk/" target="_blank">houses for rent</a>.... Thank you for sharing the views, which are useful for everyone especiallly who desires to "Rent to Own" and "Lease option"., houses for rent….

]]> By: rob aubrey http://bhgrealestateblog.com/2010/01/06/the-%e2%80%9crent-to-own%e2%80%9d-and-%e2%80%9clease-option%e2%80%9d-alternatives-for-homebuyers/comment-page-1/#comment-4531 rob aubrey Sat, 09 Jan 2010 16:41:02 +0000 http://bhgrealestateblog.com/?p=4281#comment-4531 A couple things, 1. The only payment that the NEW lender will allow to be applied toward the down payment is that amount above fair market rent. 2. There is an obscure FHA guideline that allows tenants to purchase the home that they have been renting and not have to come up with cash. (my fha guru lender explained it to me, please don't ask me to explain it) This is really good for owners that have a tenant and don't wan the property anymore. Think about it, look in your database for rented properties, facilitate the transaction, never leave the office and get paid. A couple things,
1. The only payment that the NEW lender will allow to be applied toward the down payment is that amount above fair market rent.

2. There is an obscure FHA guideline that allows tenants to purchase the home that they have been renting and not have to come up with cash. (my fha guru lender explained it to me, please don't ask me to explain it)

This is really good for owners that have a tenant and don't wan the property anymore.

Think about it, look in your database for rented properties, facilitate the transaction, never leave the office and get paid.

]]> By: Portland Real Estate http://bhgrealestateblog.com/2010/01/06/the-%e2%80%9crent-to-own%e2%80%9d-and-%e2%80%9clease-option%e2%80%9d-alternatives-for-homebuyers/comment-page-1/#comment-4522 Portland Real Estate Fri, 08 Jan 2010 23:13:17 +0000 http://bhgrealestateblog.com/?p=4281#comment-4522 That is a great idea. I hope that more options like this open up. It would help buyers, and it would also prevent as many forclosures. -Tyler That is a great idea. I hope that more options like this open up. It would help buyers, and it would also prevent as many forclosures.

-Tyler

]]> By: Bob Albanese http://bhgrealestateblog.com/2010/01/06/the-%e2%80%9crent-to-own%e2%80%9d-and-%e2%80%9clease-option%e2%80%9d-alternatives-for-homebuyers/comment-page-1/#comment-4526 Bob Albanese Fri, 08 Jan 2010 21:21:54 +0000 http://bhgrealestateblog.com/?p=4281#comment-4526 Tyler, Thank you for your comment. Really, the situation is only limited by our ability to be creative. Any contractual arrangement which could be designed as a "win-win" could work. It just seems to me that the real estate community needs to incorporate some of these more progressive concepts. Tyler, Thank you for your comment.

Really, the situation is only limited by our ability to be creative. Any contractual arrangement which could be designed as a "win-win" could work. It just seems to me that the real estate community needs to incorporate some of these more progressive concepts.

]]> By: Bob Albanese http://bhgrealestateblog.com/2010/01/06/the-%e2%80%9crent-to-own%e2%80%9d-and-%e2%80%9clease-option%e2%80%9d-alternatives-for-homebuyers/comment-page-1/#comment-4525 Bob Albanese Fri, 08 Jan 2010 21:19:23 +0000 http://bhgrealestateblog.com/?p=4281#comment-4525 Glad that you like the idea. Rent to Own stikes a very fair balance between buyers, who wish to buy but lack the cash for a downpayment...and sellers, who are having difficulty finding a qualified buyer for their home. Glad that you like the idea. Rent to Own stikes a very fair balance between buyers, who wish to buy but lack the cash for a downpayment…and sellers, who are having difficulty finding a qualified buyer for their home.

]]> By: 2Go Media http://bhgrealestateblog.com/2010/01/06/the-%e2%80%9crent-to-own%e2%80%9d-and-%e2%80%9clease-option%e2%80%9d-alternatives-for-homebuyers/comment-page-1/#comment-4513 2Go Media Thu, 07 Jan 2010 05:05:42 +0000 http://bhgrealestateblog.com/?p=4281#comment-4513 Rent to own is home buyer friendly option, its like renting an apartment but you'll acquire ownership in a period of time depending on the plan and monthly premium of your home. I think this is an economical option for those you can't purchase homes in cash coz you don't need to pay interest once you find yourself in trouble paying the monthly premium, you can just leave and find another place to live. Rent to own is home buyer friendly option, its like renting an apartment but you'll acquire ownership in a period of time depending on the plan and monthly premium of your home. I think this is an economical option for those you can't purchase homes in cash coz you don't need to pay interest once you find yourself in trouble paying the monthly premium, you can just leave and find another place to live.

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