Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Lease-To-Own: The Bad Way
Earlier in the week, Kristal Kraft created a blog post titled:  "Rent-to-own... deal or no deal"It was an excellent article, explaining many misconceptions and problems involved with the rent-to-own alternative to purchasing a home.  If you haven't already done so, I recommend you find time to read that article.   Please bare with me, now, through my ramblings on the subject.  As I got into writing this article, I realized it needs to be in two parts.  When I come across a blog entry that is too long, I find myself skimming and probably miss some good stuff.  So, I'm making it two articles. I suppose I could have gone straight to the second part, but I wanted to share my observations about the typical rent-to-own transaction:   First, I'm going to talk about my perception of rent-to-own transactions in general.  I think the national average for success on rent-to-own transactions is a woeful 20%.  The program I work has an 80% success rate.  It's an intelligent alternative.  That will be in the next blog article.    There are a myriad of reasons why people turn to looking for a rent-to-own home. The most common I've encountered are:* Poor credit* Self-employed without adequate income history* Newly employed, without adequate work history* Pending divorce and don't ... more

__________________________________________________
Are you on The Rain? Grow Your Network!