Articles Tagged ‘Tenant’
With the collapse of the real estate market and the resulting bank foreclosures on hundreds of thousands of residential rental properties, often, tenants residing as leaseholders in residential properties become collateral victims and are forced to vacate their leaseholds, often with minimal notice.
More and more people who eventually want to purchase a home are discovering the benefits of lease options, since they can allow for homeownership more easily. Anyone who wants to consider this option (also known as house for rent by owner) ought to begin by getting pre-approval for a mortgage. This will let them figure out how far away from qualifying they are. They will also discover the steps needed for approval and just how long they are going to have to be a pre-approved borrower. After discovering all this information, you can then approach homeowners, leaning on a loan officer for help, persuade an owner just why lease options are good for their own circumstances.
If you want to buy your own home but your income or credit are an issue, then GetRentToOwn is the first place to begin your search. It\’s harder to buy your own home now than it has been in decades, but there are alternatives available. GetRentToOwn is an excellent source of information as well as listings for lease to own properties near you.
With the present condition of the economy many people find themselves getting behind in their rent. When this happen many landlords with will lock their tenant out of a house or apartment they are renting and often this happen with no warning from the landlord. Although this is a common practice of many landlords is it legal to do so?