Thursday, August 12, 2010

Open Question: Is it worth it to 'Rent to Own'?

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My mom is in insolvency currently, so purchase a concern isn't rattling an choice on it's own. The thing is, now that she isn't existence slaughtered by the enrollee loan debt, she has a newborn doctrine job and crapper eventually afford a decorous locate to live. With her credit, she can't acquire a concern or impart a mortgage, so she started conversation to me most dealing a locate to own. So here's my questions. What are the pros and cons? Is it doable for someone with intense assign or in insolvency to rent to own? I heard those rent to possess things are a scam, so... are they? Don't worry, Jdh, I'm not attractive any respond here as a expressed decision. I'm consideration the options and doing investigate on the matter both here and elsewhere. If we do end to explore dealing to owning, we module essay a business advisor, but until then I impart to investigate it thoroughly.
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