The idea of rent to own can seem attractive to a home buyer who for some reason cannot buy a property at the current time due to not enough down payment, or the right credit score. The concept makes it possible for them to make the purchase over time at a set price. It is true that rent to own can be a win-win situation for both landlord and tenant when it’s structured corrently. it is advise that both the landlord and tenant should consider having a legal representative before signing the documents, to make sure that everyone is well protected. The article below illustrate how things can go wrong if proper precautions and due diligence is not taken.
Rent-to-own works, but beware the pitfalls
Blogs I Follow
- National Peacekeepers' Day in Canada. #Canadianveterans #WeRemember tihapp.com/events/56389 https://t.co/ZY1KaRaHQF 1 week ago
- Looking for a home with 33 bathrooms...look no further! fb.me/1W06ZurfW 6 months ago
- This is the Canadian real estate market to watch heading into 2018 ow.ly/wkeQ30hETZI fb.me/8SWClBom7 7 months ago
- This is the Canadian real estate market to watch heading into 2018 ow.ly/wkeQ30hETZI 7 months ago
- Construction well underway at ParkCity, as strong sales continue at the site in Burlington ow.ly/EpPt30h3PYv 8 months ago