Re: Rent To Own Homes Explained

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Article #287

#287

From: user
Date: Thu, 25 May 2006 22:34

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On 25 May 2006 13:40:58 -0700, robson@nf.sympatico.ca wrote:

>Read the fine print. These clowns are hoping that you miss a payment so
>they can come and take your home as well as your non refundable
>deposit. It's the same as the deal on the rent to own furnitures, cars
>etc. They hope you miss the payment, unlike my bank mortgage they will
>allow me 3-4 months missed payments without threat of loss of home if
>you fall on hard times. In canda the down payment is 5% on the mortgage
>downpayment for a first time buyer. If you need to go to one of these
>rent to own outfits you may not be able to afford it in the first place
>- and thats what they are counting on. It's sad to see that someone is
>continuing to try and scew the little guy.

Knowledge is Power. 
The supposed 'little guy', can get an education to learn a few things
as well

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Subject: Re: Rent To Own Homes Explained
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