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Article #298Re: Rent To Own Homes Explained
From: Devils Advocate
Date: Fri, 26 May 2006 21:59
Date: Fri, 26 May 2006 21:59
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2761 bytes
"JSC Rent To Own Homes" <bpappas@rmminc.net> wrote in message news:1148680443.840507.195970@y43g2000cwc.googlegroups.com... > >> 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? If he/she's credit was not poor, I can assure you they would not be contacting you. > > 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? Start all over again? Why not continue w/ the same contract. What about the house burns down, who gets the Insurance money? If tenant gets what they paid in, is this in writing? IN mentioned Landlord above.......what if the Landlord goes bankrupt 5 yrs into the contract and it is still a rent to own?
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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!news2.google.com!news.germany.com!morpheus.pingos.org!news.datemas.de!not-for-mail From: "Devils Advocate" <devilsadvocate66@hotmail.com> Newsgroups: ott.housing,nf.wanted,misc.invest.real-estate,triangle.forsale,chi.wanted Subject: Re: Rent To Own Homes Explained Date: Fri, 26 May 2006 19:29:59 -0230 Organization: Datemas.de http://datemas.de Lines: 29 Message-ID: <e57tp1$a8n$1@news.datemas.de> References: <1148577500.060489.209510@g10g2000cwb.googlegroups.com> <1148590233.468003.273460@i40g2000cwc.googlegroups.com> <1148643169.382069.256810@g10g2000cwb.googlegroups.com> <1148654262.345765.169940@u72g2000cwu.googlegroups.com> <ZGIdg.3438$%Z2.361956@news20.bellglobal.com> <1148677767.187047.104550@g10g2000cwb.googlegroups.com> <e57s52$7gb$1@news.datemas.de> <1148680443.840507.195970@y43g2000cwc.googlegroups.com> X-Trace: uTucf0DZuRm+RBAHV339K9Uvt+OoYUAgT2b+acmZNFUwk3oU/4cQAfqV9qdwrZOOsY1iyRp42nLDfwWtTciSHetbZiDW/1m41nWmw8yj77RF93X/oQYnzDEsmbnkygZwDdBIJQM8p0lbJh8rJoL83jM4AAWibgt+c2aFYWypo0MeKVXVcH+loQ== X-Complaints-To: abuse@datemas.de NNTP-Posting-Date: Fri, 26 May 2006 22:00:02 +0000 (UTC) X-RFC2646: Format=Flowed; Original X-Newsreader: Microsoft Outlook Express 6.00.2900.2869 X-Priority: 3 X-MSMail-Priority: Normal X-MIMEOLE: Produced By Microsoft MimeOLE V6.00.2900.2869