rent to own homes: How Does Rent-to-Own Housing Work? - 07/26/23 04:58 AM
Rent-to-own homes provide an opportunity to lease a house with the option to purchase it. This arrangement involves paying higher-than-market rent, with the excess amount going towards a down payment.
There are two types: lease options and lease purchases. Researching online, collaborating with real estate agents, and exploring rent-to-own listings can help find suitable properties. Many folks ask how to find rent-to-own homes. Maximum Real Estate Exposure has some excellent tips for finding them.
Qualification depends on creditworthiness, income stability, and debt-to-income ratio. Consulting a real estate attorney is recommended for contract review. Financial considerations include budgeting, mortgage rates, down payments, and insurance.
Making … (3 comments)

rent to own homes: Renting to Own: What You Need to Know - 10/23/19 12:29 PM
 
What to Know About Rent to Own PropertiesYoung people often struggle to buy their first home. However, if you can buy your first home at an early age, you are likely to save money in the future. It is nice to think about a property as a home, but you should also think about it as an investment for the future. Above all, remember this golden real estate rule!
Buying your first house when you are young often means that you are much more likely to pay off your mortgage earlier, and you will also have more equity in your home.
By following … (13 comments)

rent to own homes: Rent To Own Housing: A Growing Trend or Phase? - 01/07/13 09:47 AM
Rent to Own Housing: A Growing Trend or Phase?
The economy is making a comeback but at agreeably slow rates; so is it really making a comeback? The construction industry slowly inching back into gear and new houses are being constructed in various parts of the country, but at a slow pace. Home sales are up because of the drop in prices which has sent the demand graph going upwards. In such a market scenario, the rate of foreclosures which was up is now coming down. In the coming year, the market for real estate is expected to remain uncertain. This … (6 comments)

 
Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty)

Bill Gassett

Metrowest Massachusetts Real Estate

Hopkinton, MA

More about me…

RE/MAX Executive Realty

Address: 22 South St #203, Hopkinton, MA, 01748

Office: (508) 625-0191

Fax: (508) 435-5550

Metrowest MA Real Estate - Realtor specializing in home sales in Hopkinton, Milford, Holliston, Ashland, Southboro, Westboro, Upton, Mendon, Hopedale, Grafton, Medway, Northbridge, Franklin, Framingham, Shrewsbury, Northboro, Bellingham, Sutton, and Uxbridge MA. Includes Real Estate home selling & buying tips, Homes for sale in and around Metrowest.



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