Technically, yes, anyone can draw up a customized rent to own home contract and as long as it meets your state’s legal requirements and is filed appropriately everything should be fine. It gives the seller a lesser chance to counter it. For example if the cover letter speaks about the costs of property in the neighborhood with cold facts and figures it will be difficult to deny it. By writing officially that comparable real estate in the same neighborhood sells at such and such a price and that is the reason why the price you are offering is fair the seller will find it hard to rebut.
We are a partnership of Local Authorities and Housing Associations working together to make the process of finding a home simple and transparent for applicants. To have the triumvirate of property search engine, house prices data and mortgage finance tools in one place is like having some kind of property-related Swiss army knife in your pocket.
Property type choices: When searching for a home on the website, users can choose from a wide variety of property types including single family homes, row houses, co-ops and more. The first, and most important, effect is to create the possibility of the creditor or service provider taking control of the property if certain conditions are met.
The homes that are sitting empty from foreclosures could be fixed up and re-marketed or rented to raise the existing home values of the other homes in the neighborhoods if real estate investors were allowed the credit or even existing homeowners could get the housing market moving.
Well the first thing I would do is check out some of the local agent websites to see if they mention anything about investment property, specializing in REO or Short Sale property. Home Finder has Housing Navigators who coordinate, broker, schedule appropriate client services with external medical, dental, and housing to meet client’s needs.