Renting to own

There are 1 comment on the Denver Post Economy/Real Estate story from Sep 14, 2008, titled Renting to own. In it, Denver Post Economy/Real Estate reports that:

Traumatic as it may be, foreclosure "doesn't have to be the end of the world," according to Terry Greene, who helps clients clean up damaged credit in his Northglenn office.

Join the discussion below, or Read more at Denver Post Economy/Real Estate.

“Creative Solution Providers”

Since: Sep 08

Hilton Head Island, SC

#1 Sep 16, 2008
I completely agree with the article. Our company uses the Rent-To-Own technique to benefit sellers AND buyers.

Like it was stated in the article, the Lease with the Option Contracts should be written by professionals who have a complete understanding of the concepts. You need to make sure its a win for the seller AND the buyer.

The seller can get out from a financially crippling situation buy offering their house on a rent-to-own basis. If they've tried to sell using an agent unsuccessfully, a new approach may be needed.

The buyer has a great opportunity, even with sub-par credit, to move into a home immediately with less money down and they also get the lease period to work on their credit.

In these times of housing oversupply and credit issues, people need to look at innovated yet proven techniques to solve problems!

Good Article!

Darin
HHI Investing
Hilton Head, SC

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