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Article #297

Re: Rent To Own Homes Explained

#297
From: JSC Rent To Own Homes
Date: Fri, 26 May 2006 21:54
17 lines
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> Perhaps you should tell people what happens of after you leasing period and
> it is time to buy your home, then you are unable to get financing due to
> poor credit. What happens then?

Good point. First, why is the credit still poor? What was done to fix
it?

Second, if the tenant is a good tenant (pays bills on time, good
neighbor, responsible, met the contractual terms...), what would you do
if you were the landlord/owner? I would want to keep any good tenant.
Why would I want to start all over again? I would negotiate a new, FAIR
contract (including a rollover of the option consideration), and keep
the tenant.

If the tenant were a problem, I'd ask them to move. If they refused to
move, I would evict them.
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From: "JSC Rent To Own Homes" <bpappas@rmminc.net>
Newsgroups: ott.housing,nf.wanted,misc.invest.real-estate,triangle.forsale,chi.wanted
Subject: Re: Rent To Own Homes Explained
Date: 26 May 2006 14:54:04 -0700
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