Monday, March 18, 2013

Why People Are Looking for Rent to Own Homes in Maryland


In previous generations, nearly anyone could receive approval for a mortgage. Lenders were giving out mortgages to nearly everyone who applied, which made it easy for the average American to purchase a home. Those days are gone, however, as lenders have to be extremely careful about whom they provide with money. If you do not meet these requirements, you could end up looking for rent to own homes in Maryland. This type of home purchase provides an alternative for those who cannot secure a mortgage, but are ready to purchase a home.

Buying Some Time


rent to own homes are increasing in Maryland
When you sign an agreement for rent to own homes in Maryland, you are essentially leasing a home with the option to buy. This gives you many of the benefits of owning the home right away, without needing the money immediately. You can use this time to improve your credit rating, which gives you a better chance of receiving approval for a mortgage in the future.

A Trial Run in the Home


Another great reason to consider rent to own homes in MD is that you can live in the home before you buy it. If you apply for a mortgage, you can spend the money on any home in your price range, but you have to make the purchase before you have even spent the night in the home. With rent to own homes in Maryland, you will live in the home for a year or two, depending on the length of the lease, and can then purchase the home at the end of the lease. This gives you time to determine if the house is for you or if you should keep looking for something else.

Option to Walk Away


Perhaps the main reason why people are looking at rent to own homes in Maryland is the flexibility that they provide. You can walk away from the option to buy once the lease expires, so you are not tied to the home permanently. This is a great option for those who are not sure about living in a particular part of the city or receive another job opportunity. You have all of the power once the lease expires and can do what you wish with the home.

Learn the Process


Of course, you could end up paying a down payment when you agree to live in one of these rent to own homes in Maryland, depending on the lease agreement. In other cases, the sellers of rent to own homes in MD will charge you a premium each month, which counts as the down payment. In any cases, you will take a slight financial risk for entering into this agreement, but this risk could lead to you buying the house of your dreams if everything goes according to plan.

Friday, November 16, 2012

RealtyStore.com Shows Excellent Inventory of Lease Purchase Homes in GA


Georgia offers for-sale-by-owner and rent-to-own opportunities
There's a trend of young home buyers choosing Georgia as their new home - and many are choosing rent-to-own over traditional financing.

For those looking for lease purchase homes in GA, finding those homes can be difficult. However, one website, RealtyStore.com, shows an excellent inventory of rent to own homes within the state. Not only does it offer an excellent inventory of these homes, but also it makes it extremely easy to find them in any area.

The inventory of lease purchase homes in GA is very diverse according to RealtyStore.com. In fact, rent to own properties are available in almost every county across the state. Whether you want to live in the Blue Ridge Mountains or you prefer living in the state’s coastal plains, you can find excellent lease option properties to choose from.

Even though a large inventory is offered, the helpful search engine offered by RealtyStore makes it easy for users to find the type of property they are looking for. Homebuyers can search specifically for lease purchase homes in GA by county or city, or they can even look for other home buying options in the area as well.

With such a large inventory of lease purchase home in GA available, it offers buyers a better chance of finding their dream home. Many property types are available, allowing buyers to find the property they want, whether they prefer a single family home or a nice condominium. The lease option is an excellent for many homebuyers right now and with the help of RealtyStore.com, buyers can sort through the large inventory of these homes and find a place to call home.

Tuesday, February 28, 2012

FSBO Homes in Kentucky


Looking for a great deal on a real estate investment that will give you a high ROI? Would you love to have the opportunity to buy a nice home for a low price? If so, then you should check into FSBO homes in Kentucky. These are Kentucky homes for sale by owner. This means that these are homes that are not being sold in the usual way, which is to say they are not being sold through a realtor.

What’s the great deal on FSBO homes in Kentucky? Well, listed Kentucky homes for sale by owner typically will go for lower prices than they would if sold through a real estate agent. This is due to the fact that there are no commissions to be paid to a realtor on an FSBO home. You might think that as the buyer of a home you don’t pay the realtor’s commission, but in reality you do because their commission just gets factored in the list price on the property. Another great aspect of checking out FSBO properties convenience. You won’t need to schedule property visitations through a realtor’s time table; all you need to do is call the homeowners and set up a time with them. If you’re a serious real estate investor, you know that “time is money”, and this aspect of things really saves you a lot of time.

Finally, you can negotiate a lower price much more easily when you go directly through the homeowners. There are no agents wheeling and dealing to get the highest possible price.

At the time of this writing, our research uncovered the following stats on Kentucky FSBO offers:
204 in Lexington-Fayette
259 in Louisville
87 in Bowling Green

As you can see, there are plenty of opportunities to get in on these FSBO offers. And why Kentucky? It’s a state that is attracting many more people to come live there. You get that Southern Hospitality culture and history, and fantastic natural beauty. You get great prices on goods and services compared to the national average, too. If you can find an FSBO deal in Kentucky, you won’t have much trouble flipping it for profit or renting it out for income. And you may want to just live there yourself.