Why Rent To Own Home Buyers Usually Get Ripped Off

Don’t become the victim of the next scam! Learn how to rent to own the RIGHT way to save you money, frustration, and to help you become a homeowner!

Rent to own home sales are usually done between two private parties, often without legal or professional assistance on the part of the buyer. For anyone who doesn’t have extensive knowledge in real estate deals, renting to own can put you at the mercy of a less-than-honest homeowner. One such Easton, MA landlord recently plead “not guilty” to accusations that he swindled over $100,000 from potential home buyers in a rent to own scam.

Forty-two year old Joshua Leventhal was arrested on claims that he billed more than $100,000 from individuals and families looking for a rent to own home from 2010-2011. Potential home buyers would find a home on the market that they wanted to live in and inform Leventhal, who would then agree to purchase the property and sell it to the potential... to read the full article Click Here.

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How Rent To Own Works – A Detailed Explanation From RentUntilYouOwn

When buying a home using the rent to own method, you are renting as you normally would with a traditional home.

This is the same as any other house you have rented in the past. The main difference is, you also have the option to purchase the house within a certain time-frame.

Basically you find a home that you want to buy, but instead of buying it right away you simply rent the house.

While you are renting you will have time to save money, improve your credit, decide if the house is actually right for you, or do anything else that kept you from buying to begin with.

If you are looking to rent to own because you are currently unable to qualify for a mortgage, it's important to determine... to continue reading this article and to view the detailed video click here:

How Rent To Own Works - A Detailed Explanation


To view rent to own homes in your area for free, visit us at RentUntilYouOwn.com now!

Difference Between Rent To Own Homes and Owner Financing

It is very important to know the difference between owner financing and rent to own.

In a rent to own purchase, which can also be called a lease option, lease purchase, lease to own, rent to buy, or the like, you as the buyer, or tenant, have the option to purchase the home at any time during the rental period.

This means you have the legal right to purchase the home for a fixed period of time, but you’re not obligated to purchase if you decide not to, or if you’re unable to qualify for a mortgage.

Now let's take a look at Owner Financing.

This can also be called a land contract, seller financing, contract for deed or the like.

With owner financing you will want to...click here to continue reading: The Difference Between Rent To Own Homes and Owner Financing.

To view free listings of rent to own homes and owner financed houses near you visit us at RentUntilYouOwn now!