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How to Rent to Own a House | eHow Consult with a lender before you begin. A knowledgeable loan officer can assessment of how likely it is that you will be able to qualify for a mortgage in a year or two. You can help by putting your financial information together, obtain a copy of your credit report and draw up a realistic financial plan for the next couple of years. Search for houses available on a rent-to-buy basis. Most owners who want to lease on a rent-to-buy basis will advertise in local newspapers or real estate publications. You may be able to find houses through real estate agents. Take your time with this. Remember, you aren t looking for just one more place to rent -- you are looking for a home you may live in for 10 years or a lifetime. Look at the total price of the house, and compare it to those in the area of similar build. A little comparison shopping is necessary to make sure you get a great deal. Don't take the word of a real estate agent who may have his best interests at heart. Keep your own interests in mind, and make sure the price fair and competitive. 11 Important Tips for a Profitable Garage Sale Rent to own has become very popular in the past few years. Most of these contracts really are a lease with a. Leases, traditionally written by lawyers, have become standardized and usually do not require professional legal advice to write. The laws relating to. When you lease- or rent-to-own a house, the owner of the home agrees to rent you the property while also giving you. A rent-to-own house indicates that there will be an agreement between the owner of the house and a tenant stipulating that the. Homes for rent to own are a good way to try out homeownership before actually getting a mortgage. The way that renting. The Internet is a great place to find houses for rent because of Web sites such as Craigslist, which has listings for. Rent-to-own programs allow prospective home buyers to lease a home and live in it, while they improve their credit rating or save. There are solid deals that can be made by negotiating the purchase of a foreclosed home. One course that you can take.
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