Lease To Own Homes | leasetoownhomes

Lease To Own Homes

Feb 17th 2011 at 7:06 AM

A lease to own or rent to own a home agreement can be a great option for a home owner who wants to quickly sell their home in a slow real estate market or wants to avoid high real estate agent commissions.

A lease to own or rent to own agreement is also ideal for an otherwise qualified home buyer who lacks the necessary down payment or credit rating to qualify for a conventional mortgage for a home they want to purchase a home and who made need a year or two to build a down payment or raise their credit score to qualify for a conventional mortgage from a bank or other mortgage lender.

If you need to sell your home quickly and for a minimal cost or would like to buy a home but don't have a down payment or your credit rating won't let you obtain a conventional mortgage, the lease to own a home method may work well for you.

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