RE: Rent-to-Own Home Offers Legitimate?

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Rent-to-Own Home Offers Legitimate?

in entrepreneur •  7 years ago 

oh, I love it! What I have been doing is a discount lease. they pay on or before the due date and they get a portion put towards a down payment. yes, but you can run title and then something happens. I agree with title and inspection too! thanks for the comment!

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yes - I have seen that option also - it's the standard "rent-to own" model - I would be open to that to with the right down payment - but you are right about title - just because it is clean when you first start doesn't mean they cant put other liens on it still. Maybe an annual title search would be a good idea - there has to be a level of trust in a transaction like this because of all the unknowns - still a good option for many people if you can find a seller willing to do it.