Rent to Own Essential Guide for Homebuyers
Rent to Own Essential Guide for Homebuyers

Author: Rachel Oliver

Publisher:

Published: 2014-03

Total Pages: 108

ISBN-13: 9780992159207

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If you are dreaming of owning your own home but the banks say "no," this guide can show you how to get the house you want. No theory. No fluff. No lies. Just a steady stream of real stories about real people, real numbers and step-by-step instructions you can put into action immediately. Imagine how much easier things will be for you when you know exactly what you need to do. This guide describes in detail what to look for, how to protect your interests, what questions to ask and the little-known, yet critical steps you need to take on the homebuyer side of a rent to own transaction. While the idea of "renting to own" a house has been around for decades, this is the first official guide written specifically for homebuyers considering rent to own as a path to homeownership. This guide is ideal for anyone who wants to buy a home after a divorce, bankruptcy or a recent immigration. As a how-to book, it examines key principles and reveals lessons from real-world successes that people across Canada, USA, Australia and UK can easily apply to move into their dream home, build equity, and improve their credit. Anyone can easily put this information to work and become a homeowner sooner than they thought possible. This easy-read is authored by two trusted experts on rent to own who are on a mission to educate homebuyers and improve their experience and outcomes with rent to own. Neil Oliver and Rachel Oliver have counseled over 500 families on how to succeed with rent to own. They spell out in great detail why many people succeed with rent to own and why others fail. This is the first official guide designed to enlighten and empower people determined to own even when the banks say "no way." An absolute must-read for anyone who wants to own a home but can't qualify for a traditional mortgage today.

Investing in Rent-to-Own Property
Investing in Rent-to-Own Property

Author: Mark Loeffler

Publisher: John Wiley & Sons

Published: 2010-07-15

Total Pages: 193

ISBN-13: 0470678933

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Investing in Rent-to-Own Property is the distillation of years of investment experience in real estate. It is a both strategy and a system, which provides stable, proven returns for the investor. On the flip side of the coin, the homebuyer is provided a house that fits their needs and budget. Why should an investor have rent-to-own as part of his or her investment portfolio? This book lays out in clear detail the benefits of rent-to-own and how to get started with a rent-to-own strategy. Loaded with tips and case studies, here are the core components of the system: How to identify properties How to carry out due diligence Smart financing strategies How to market your system and attract interested tenants-homebuyers How to identify and choose tenants-homebuyers The rent-to-own contract Obligations of the investor to the tenant-homebuyer Obligations of the tenant-homebuyer to the investor The team of experts: agent, lawyer, lender, home inspector, accountant Exit strategies There are many singles and couples who for a variety of reasons opt for a rent-to-own opportunity. For some it's an opportunity to check out a location for a couple of years so that they're certain it's the house and neighborhood they want for the long-term; for others it's the desire to own a home but need to grow their down payment-having a nice home while they save is a terrific option. The expertise of the investor in identifying the right property and providing the right financing is another significant aspect for the tenant-homebuyer. The benefits for the investor are many: a solid property in an area where the fundamentals are strong; great tenants who respect the property; a profitable investment even with a downturn in the market. Investing in Rent-to-Own Property is the quintessential tool for investors who have yet to take advantage of a proven money-maker or for those investors who want the benefit of a proven system to build their portfolio.

Opening New Doors
Opening New Doors

Author: Josée Guindon

Publisher: Xlibris Corporation

Published: 2011-12-20

Total Pages: 148

ISBN-13: 1465392149

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Over the past decade, a relatively unknown real estate term has entered the marketplace. Called rent to own, this fusion of renting and selling is gathering steam with sellers and prospective buyers alike. Inspired by the downturn after Alberta’s boom years, rent to own helps sellers protect their investment, and renters achieve their dream of home ownership. I’ve written this homeowners guide to help you understand this innovative and profitable way to market your property. Inside its pages, I’ve explained how rent to own works and provided all the resources you need. You’ll find articles on pricing your home, preparing it for sale, finding and qualifying a tenant, and much MORE!

Opening New Doors
Opening New Doors

Author: Josee Guindon

Publisher:

Published: 2011-10-17

Total Pages: 142

ISBN-13: 9781466451889

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Over the past decade, a relatively unknown real estate term has entered the marketplace. Called rent to own, this fusion of renting and selling is gathering steam with sellers and prospective buyers alike. Inspired by the downturn after Alberta's boom years, rent to own helps sellers protect their investment, and renters achieve their dream of home ownership. I've written this homeowners guide to help you understand this innovative and profitable way to market your property. Inside its pages, I've explained how rent to own works and provided all the resources you need. You'll find articles on pricing your home, preparing it for sale, finding and qualifying a tenant...

Rent to Own
Rent to Own

Author: David M. Fenton, M.d.

Publisher: Createspace Independent Publishing Platform

Published: 2016-11-10

Total Pages: 106

ISBN-13: 9781539664215

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This is a book for anyone who is renting and has the dream of home ownership. It has never been more difficult to qualify for bank financing. Rent to Own is a method of creative financing that allows you to move into your dream home now, even if you thought that you could not qualify with the banks.

Rent to Own: Use Your Rent Money to Get Started Owning Real Estate
Rent to Own: Use Your Rent Money to Get Started Owning Real Estate

Author: Robert Irwin

Publisher: McGraw Hill Professional

Published: 2007-07-16

Total Pages: 242

ISBN-13: 0071594590

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With long-term, unconventional financing strategies, homeownership is within your reach. Rent to Own shows you how to turn your rent money into a new home, whether you're a single professional, young family, and or are living on a budget, using lease options and other overlooked purchasing tactics.

Nolo's Essential Guide to Buying Your First Home
Nolo's Essential Guide to Buying Your First Home

Author: Ilona Bray

Publisher: NOLO

Published: 2014-12-12

Total Pages: 0

ISBN-13: 9781413321180

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Everything a buyer needs to know to buy a first home, with insider tips and advice from the experts! Rental prices have gone through the roof, more homes are coming up for sale, and buying a home remains a sound investment. But how do you know whether you’re ready? And what steps should you take in the weeks or months ahead to find, buy, and move into your new home? Nolo's Essential Guide to Buying Your First Home will help you find the right place to live and invest in -- and enjoy the process, too. Filled with interesting facts, real-life stories and insights, and common pitfalls to avoid, this book provides everything you need to select the right type of home, the right mortgage, the right agent, the right inspections -- and much more. Get the inside scoop on: deciding between a house, condo, co-op or townhouse exploring your local market for the best value creating and managing a realistic homebuying budget qualifying for and securing loan financing getting the right inspections and insurance negotiating with sellers or new home builders successfully closing the deal Read through the real-world experiences of over 20 first-time homebuyers, as well as valuable insights from a team of 13 real estate professionals, including: real estate brokers attorneys who specialize in real estate a home inspector a neighborhood researcher a mortgage specialist and more! The brand new edition of Nolo's Essential Guide to Buying Your First Home is fully updated to reflect the dramatically changed U.S. housing market, with emphasis on how to assess the state of your local market and local homes’ true worth before making an offer and negotiating the terms of the deal. Download forms for book at nolo.com

Rent-to-Own: How to Find Rent-to-Own Homes NOW While Rebuilding Your Credit
Rent-to-Own: How to Find Rent-to-Own Homes NOW While Rebuilding Your Credit

Author: Wendy Patton

Publisher: eBookIt.com

Published: 2014-10-23

Total Pages: 145

ISBN-13: 1456623060

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A step by step guide to buying your dream home NOW without a mortgage using the rent-to-own method while rebuilding your credit. The entire rent-to-own process is covered explaining key fundamentals including: - How to find your dream home NOW - How you can save thousands of dollars on your purchase - Dozens of ideas to help you rebuild your credit along the way - How to keep from making costly mistakes - Understanding the paperwork - Pitfalls to avoid - How to Make an offer and handle negotiations - How to qualify for financing of the final purchase - Numerous tips to make sure things go smoothly - Ways to add peace of mind/reduce stress during the process

First-Time Landlord
First-Time Landlord

Author: Janet Portman

Publisher: Nolo

Published: 2023-08-01

Total Pages: 337

ISBN-13: 1413331297

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The 101 on earning rental income from a single-family home Do you own a house you’d like to rent out rather than sell? It’s a common scenario in today’s market, especially if you’ve inherited a house, are moving to another home, or are buying an investment property. And the logical next step might be for you to become a first-time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes. • Learn your legal obligations. • Estimate costs and profits. • Choose good tenants and avoid problem ones. • Make the most of valuable tax deductions. • Handle repairs and property management tasks. The 6th edition is updated to cover new trends in tenant-screening restrictions and municipal licensing requirements and fees.

Don't Rent Buy!
Don't Rent Buy!

Author: Eddie Fadel

Publisher:

Published: 2012-09-04

Total Pages: 222

ISBN-13: 9780981912806

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Guides first-time buyers with shopping for a home, explaining mortgage rates, whether to apply for a fifteen- or thirty-year mortgage, and how to find a reliable lender.