Rent to own sounds like a good solution to some with little to put down or poor credit right? (WRONG)
The Choose A Home Team @ Howard Hanna Real Estate offers a free home buyer class. Programs available to assist people with little or no money down if your in a poor cash flow position. More importantly do you qualify for credit. We work with lenders who help with the credit repair process.
Let our team find you a house for sale that you can afford.
When you enter into a house for sale rent to own contract more often than not the only party that benefits is the person selling the home. In most cases a portion of the rent is held toward the purchase of the property and is non refundable. If you do not buy that property. Example a place that might normally rent for $1000 a month would be $1200 and $200 of it would apply to purchase. Of coarse 1 year later the owner collected $2400 of your money and if you still do not qualify for a mortgage your out that money.
We on the Choose A Home Team encourage you, weather your ready to buy a home now or not to sit in on one of our First Time Home Buyer Classes. Helping you to develop a plan for your future. Many websites are out there that make the Home Buying Process appear to be a simple do it yourself project. It is by nature a very simple process but not if you do it yourself. Please take the time to meet with a member of our Team and learn the ropes of home ownership.