This beautiful two bedroom, two bath, two car garage home, located in Gulf Gate Glen, can be purchased with owner financing for only $5,000 down. This home boasts cathedral ceilings throughout, a massive living room, spacious garage, a large master bathroom with two sinks, and an appealing maintenance free lawn. Located in an immaculate neighborhood that is near shopping, beaches, and several schools. Why rent? Cheaper to own. Call 941-312-0949. (Listing 6193564 Confirmed 6/4/2013)
To begin your search for rent to own homes, start online with rent to own homes listings. But be aware there are many sites that cater to helping people find homes for rent to own but they like to charge you for their listings. Well here you don’t have to pay a cent. We are proud to say that our rent to own homes listings are Free. Check out the sites that are selling homes by owner. That way you can deal directly with the owner and talk to them about rent to own homes.

Income Tax Benefits. As a homeowner, you can enjoy the ability to deduct mortgage interest paymets from your income when calculating income taxes. However, these deductions only make sense if they are above the standard deduction levels, as those who do not have mortgage debts are entitled to take the standard deduction. Most people purchasing a home through a (relatively) high-interest rent to own loan likely have a limited amount of debt associated with the purchase, which is unlikely to exceed their standard deduction. Given how low interest rates are on traditional mortgages, if the homebuyer had a high income and could qualify for a large loan they would probably use a traditional mortgage rather than a less certain rent-to-own option.
Forty-two year old Joshua Leventhal was arrested on claims that he billed more than $100,000 from individuals and families looking for a rent to own home from 2010-2011. Potential home buyers would find a home on the market that they wanted to live in and inform Leventhal, who would then agree to purchase the property and sell it to the potential… to read the full article Click Here.
Visitors often say that what happens in Vegas stays in Vegas, but residents of the city prefer to remember the time they spend in Las Vegas. Non-residents automatically think about the Las Vegas Strip when the city is mentioned, but there’s more to this community than the line of casinos and hotels found on Las Vegas Boulevard. While visitors may flock to downtown Las Vegas for the Fremont Street Experience, there are many who make the city their home because they see the beauty of the city beyond gambling, shopping and last-minute weddings.
RentToOwn.org is one of the nation's leading providers in rent-to-own data. We have the most up-to-date, accurate listings of similar sites and you can count on us to provide only the most relevant and legitimate rent-to-own opportunities. If you register for a trial membership, you will gain access to even more home data and features. Contact us with any questions, and we look forward to helping you find your dream home.
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This beautiful two bedroom, two bath, two car garage home, located in Gulf Gate Glen, can be purchased with owner financing for only $5,000 down. This home boasts cathedral ceilings throughout, a massive living room, spacious garage, a large master bathroom with two sinks, and an appealing maintenance free lawn. Located in an immaculate neighborhood that is near shopping, beaches, and several schools. Why rent? Cheaper to own. Call 941-312-0949. (Listing 6193564 Confirmed 6/4/2013)


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Hi, I really need some help, my husband and I had purchased a home in May of 2010, well we thought we were home owners, come to find out we are rent to own. The company we went through told us that we are first time homeowners and that we can receive the $8000.00 tax credit, we received this credit and gave it to the company. This did lower the purchase price of the home, but come to find out the deed is not in our name. My question is if we move do we have to pay back the whole $8000, are just a percentage of it?
Before the two parties sign the contract, they must agree first on the kind of deal that they are involving in order for them to deal with the things at that right track. This should be realize since it is a fact that both could have the advantages as well as the disadvantages as soon as they get involve in this kind of business. One good thing about the seller is that, they might have bought a new house already but still it possible for them not to pay the mortgage of their two units simultaneously. Thus this would give them the chance to spend less. It could also be beneficial to the renters since they could stay in the kind of house that meet their standard at once and at a reasonable price.
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These programs are a great way to buy a condo or townhouse if you have bad credit. In fact, lease purchase and rent to buy programs usually offer cheap homes with no credit check. Just make sure you look at your lease to purchase agreement to understand whether you have the option or obligation to buy the home you’re looking at. Lease-purchase agreements require the buyer to purchase by the end of the lease term, while lease-option agreements give the buyer the option to buy.
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Option Consideration. With these types of contracts, the potential buyer may have to pay the seller a one-time deposit. This deposit is called an option consideration or option money, and it usually isn't refundable. This deposit gives the potential buyer a right to purchase the property, and not an obligation. The size of the option consideration isn't set, and it can be negotiated by the buyer and seller. Traditionally, it is between 2% and 7.5% with 3% being a popular option of the purchase price. You may also negotiate to have the consideration price onto the purchase price when you close the deal and buy the property.
I was on a RTO contract before with an option to Buy, it’s expired now. I was not successful in owning the property for a reason I just want to keep to myself. I left the property last year and my complain and claim is on the hand of an attorney at present. My question is: if I drop my attorney, can i file my total rent credit as a loss instead ? Does the $8,000 Tax Credit applies to me was this a one time offered only or can it be extended depending on individuals case . I rented from 2009, 2010 and extended contract on 2011, 2012 and left 2013. I am trying to recover my hard earned money; if landlord do not give any compensation to me; any suggestion of other way I can do.
I was on a RTO contract before with an option to Buy, it’s expired now. I was not successful in owning the property for a reason I just want to keep to myself. I left the property last year and my complain and claim is on the hand of an attorney at present. My question is: if I drop my attorney, can i file my total rent credit as a loss instead ? Does the $8,000 Tax Credit applies to me was this a one time offered only or can it be extended depending on individuals case . I rented from 2009, 2010 and extended contract on 2011, 2012 and left 2013. I am trying to recover my hard earned money; if landlord do not give any compensation to me; any suggestion of other way I can do.
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Rent to own home sales are usually done between two private parties, often without legal or professional assistance on the part of the buyer. For anyone who doesn’t have extensive knowledge in real estate deals, renting to own can put you at the mercy of a less-than-honest homeowner. One such Easton, MA landlord recently plead “not guilty” to accusations that he swindled over $100,000 from potential home buyers in a rent to own scam.
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The costs of RTO, straight renting, or purchasing a home depends largely on several factors. You should carefully consider all of them before you make your final decision, as you could end up accidentally locking yourself into a contract that costs you thousands more than other options. If you're not sure if renting, RTO, or purchasing a property is right for you, use this tool to check the costs.
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I am in a situation where I was in a lease with option to buy home and the SELLER needed back into the home due to financial/legal difficulties. We were given a date they needed to be in by and told if we wanted to buy the house now we could if not then they needed back into the home. We were not in a position to buy the home at that time and had 2 more years left on the contract but agreed to move out (due to the selling price of the house compared to homes being sold around it was significantly higher) . In this situation what happens to the option money that we put down? Should it be refunded since they broke the contract?
The second method starts with a tenant who wants to RTO a property and wants to buy it out at the end of the contract's term. An investor will then match the tenant to a property that works with their budget. When they locate a property, they can collaborate to close the deal, and the tenant can purchase the property on an RTO basis. This method works out well for real estate investors as they don't own the home, they're just acting as brokers to find the tenant their RTO property.
First off Garry, let’s take a deep breath. The good news here is that the fate of the universe doesn’t hinge on whether you and I agree on how to approach a lease-option. What I can’t figure out from your comments is whether you are pro-landlord or pro-tenant. That being said, in my experience, there is a range of rents that are reasonable. It’s not as if there is one reasonable rent, and a penny more or less makes it unreasonable. Given the types of homes we rent, the reasonable range is usually within $100, say $1,100 to $1,200. What we typically do is charge the high end of this range for a one-year term, and the low end range for a 2 or 3-year term. Why? We’ve learned that the biggest expense is vacancy and turnover. And the rent we charge doesn’t change for a lease-option. Now, you may agree or disagree with that approach, but I think it is fair for both parties, and our tenants agree.
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