Article View: ott.housing
Article #293Re: Rent To Own Homes Explained
From: Don
Date: Fri, 26 May 2006 16:11
Date: Fri, 26 May 2006 16:11
15 lines
2216 bytes
2216 bytes
<robson@nf.sympatico.ca> wrote in message news:1148589657.975805.229760@i39g2000cwa.googlegroups.com... > 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. It sounds like a tactic similar to "payday" loans.
Technical Details
Message-ID:
<PMFdg.467$kK6.284@edtnps89>Path:
arc1-ca.pugleaf.net!g2news2.google.com!news3.google.com!news2.google.com!atl-c05.usenetserver.com!news.usenetserver.com!news-out.octanews.net!teal.octanews.net!newsfeed2.telusplanet.net!newsfeed.telus.net!edtnps89.POSTED!53ab2750!not-for-mailReferences:
<1148577500.060489.209510@g10g2000cwb.googlegroups.com> <1148579826.332165.74020@g10g2000cwb.googlegroups.com> <1148589657.975805.229760@i39g2000cwa.googlegroups.com>Show Full Headers
Complete Article Headers
X-Google-Thread: f71c6,1c37fd4947056633 X-Google-Thread: 10f02a,1c37fd4947056633 X-Google-Thread: 108afc,1c37fd4947056633 X-Google-Thread: 10baf4,1c37fd4947056633 X-Google-Thread: 105111,1c37fd4947056633 X-Google-Attributes: gidf71c6,gid10f02a,gid108afc,gid10baf4,gid105111,public X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news2.google.com!news3.google.com!news2.google.com!atl-c05.usenetserver.com!news.usenetserver.com!news-out.octanews.net!teal.octanews.net!newsfeed2.telusplanet.net!newsfeed.telus.net!edtnps89.POSTED!53ab2750!not-for-mail From: "Don" <dwzimm@telus.net> Newsgroups: ott.housing,nf.wanted,misc.invest.real-estate,triangle.forsale,chi.wanted References: <1148577500.060489.209510@g10g2000cwb.googlegroups.com> <1148579826.332165.74020@g10g2000cwb.googlegroups.com> <1148589657.975805.229760@i39g2000cwa.googlegroups.com> Subject: Re: Rent To Own Homes Explained Lines: 17 X-Priority: 3 X-MSMail-Priority: Normal X-Newsreader: Microsoft Outlook Express 6.00.2900.2869 X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.2869 X-RFC2646: Format=Flowed; Original Message-ID: <PMFdg.467$kK6.284@edtnps89> Date: Fri, 26 May 2006 16:11:27 GMT NNTP-Posting-Host: 207.216.45.149 X-Trace: edtnps89 1148659887 207.216.45.149 (Fri, 26 May 2006 10:11:27 MDT) NNTP-Posting-Date: Fri, 26 May 2006 10:11:27 MDT