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In order to appreciate rent to own as an option you should
  have a basic understanding of how it all works, so let's
answer some of the more frequently asked questions that
 arise, but if you are looking to purchase Nationwide Bank
   Foreclosures and buy foreclosed homes or Commercial
      Properties in Bulk (Bulk REOs), then give us a call
  today, we are Direct to Top tier 1 Banks in the USA, 918-
      770-8777 when it comes to your property needs.
Q: What is rent to own anyway?
A: This lease to own option basically means that a house
  for rent by owner is offered to a renter that will pay a
 monthly premium in order to purchase the house at the
 end of the lease's term. The premium is paid on top of
the market rent, and the contract usually lasts between 1
  and 5 years. At the end of the lease, the renter has the
 option to buy the home, and all the premiums that they
        paid go towards the equity of their home.
Q: How do sellers benefit from this option?
A: An obvious benefit is that the seller will have someone
   occupying the premises thereby ensuring an income
    generated from the property. The responsibility of
  maintaining the property is the occupant's, and if the
 buyer chooses not to purchase, the seller might actually
     make some extra money from the arrangement.
Q: What are the benefits of this lease option for buyers?
A: The main benefit is that buyers that can't afford to
 purchase a home immediately can move into that home
and have the home's option, but without needing to pay
  a down payment or buy the house immediately. This is
 good for those with poor credit score, those who can't
   get loan approval, or those that are not able to buy a
                   home immediately.
Families with a limited budget can improve or remedy
their poor credit score by utilizing this option, plus saving
up until such time as they are approved for a loan and are
   then a position to make a down payment. For many
 families, this is the way that they are able to own their
   dream home while at the same time living in it even
          though they have yet to actually buy it.
Q: Are there risks of this lease option?
A: There is a risk that the buyer will not purchase the
home, though this is not usually the case. It could be that
they are not approved for the loan, or they haven't been
 able to repair their credit score. The owner of the home
  will be able to keep the premium option and the rent
premiums, meaning that the renter/buyer would lose this
       money. There is a bit of risk for both parties.
www.sell-your-promissory-note.com//

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Lease-To-Own Questions And Answers

  • 1. In order to appreciate rent to own as an option you should have a basic understanding of how it all works, so let's answer some of the more frequently asked questions that arise, but if you are looking to purchase Nationwide Bank Foreclosures and buy foreclosed homes or Commercial Properties in Bulk (Bulk REOs), then give us a call today, we are Direct to Top tier 1 Banks in the USA, 918- 770-8777 when it comes to your property needs.
  • 2. Q: What is rent to own anyway?
  • 3. A: This lease to own option basically means that a house for rent by owner is offered to a renter that will pay a monthly premium in order to purchase the house at the end of the lease's term. The premium is paid on top of the market rent, and the contract usually lasts between 1 and 5 years. At the end of the lease, the renter has the option to buy the home, and all the premiums that they paid go towards the equity of their home.
  • 4. Q: How do sellers benefit from this option?
  • 5. A: An obvious benefit is that the seller will have someone occupying the premises thereby ensuring an income generated from the property. The responsibility of maintaining the property is the occupant's, and if the buyer chooses not to purchase, the seller might actually make some extra money from the arrangement.
  • 6. Q: What are the benefits of this lease option for buyers?
  • 7. A: The main benefit is that buyers that can't afford to purchase a home immediately can move into that home and have the home's option, but without needing to pay a down payment or buy the house immediately. This is good for those with poor credit score, those who can't get loan approval, or those that are not able to buy a home immediately.
  • 8. Families with a limited budget can improve or remedy their poor credit score by utilizing this option, plus saving up until such time as they are approved for a loan and are then a position to make a down payment. For many families, this is the way that they are able to own their dream home while at the same time living in it even though they have yet to actually buy it.
  • 9. Q: Are there risks of this lease option?
  • 10. A: There is a risk that the buyer will not purchase the home, though this is not usually the case. It could be that they are not approved for the loan, or they haven't been able to repair their credit score. The owner of the home will be able to keep the premium option and the rent premiums, meaning that the renter/buyer would lose this money. There is a bit of risk for both parties.