Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Have you ever rented to own a home or have decent knowledge about it?

There are so many rent to own homes available in my area right now and I am interested since my credit score is in the gutter due to divorce.

Any advice? I know this is a broad question but I would like any type of input!

Answer Question
 
girlneffy

Asked by girlneffy at 12:54 PM on Jul. 18, 2009 in Money & Work

Level 3 (27 Credits)
Answers (2)
  • I've heard that it's a rip off. You pay more than your mortgage would be.
    tcarter1981

    Answer by tcarter1981 at 1:49 PM on Jul. 18, 2009

  • I have been in Property Mgmt for a few years. I can tell you this. Whether you are renting a house or apt the deposit required maybe higher due to credit issues. There are so many laws that come into play when you lease to own. What are your questions exactly?
    SharisMom

    Answer by SharisMom at 2:04 PM on Jul. 18, 2009

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.