If you are seriously considering a lease to possess or lease with a choice to buy, I highly suggest using an approved Realtor as these transactions and the paperwork needed can at times be more difficult to navigate than a straightforward purchase. If you make a decision to pursue a "Rent to Own" or "Lease Option" make sure that ALL terms are written down and agreed to by all parties concerned. I might also have a solicitor review the agreement before signing
The risk is that you change your opinion and do not want to purchase the home, you would then lose your option deposit.
Has anyone done a "Rent to Own?" i have heard that disputes can arise when it is misleading how much of the standard payment is credited towards the negotiated price or how much, if any, of the payments will be credited back if the tenant decides not to buy the home.
Be terribly careful taking a look at "rent to own" properties and take a look at the agent, the agency ( as the broker is in charge of his / her agent's actions ), and the reputation of the company. Read the small print and do not sign anything until your solicitor reviews the documents.
Uninterested in renting for years? Wanna have a home for yourself and your family? Having dreams about a home? Desiring to invest? Or you simply need a home for your family? Contact me at 0915-5062615 and let me help you get your perfect home through rent-to-own.
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