How To Get A Home With Rent To Own
Do you know how to buy a home by Rent To Own, or private owner financing? It is an increasingly popular way to have a roof over your head. Rent to own house shopping involves buying directly from the owner or investor that own the property.
You have the advantage of totally bypassing banks. There will still be some similarities to conventional home buying. For example, the seller or rent-to-own broker will want your current credit score. This will not be so much of a barrier as it would be with a bank. With a bank the score is a gate-keeper for most but the least risky, higher income buyer. Then for those who qualify, the lower end scores are an excuse to jack up the interest rate.
Here’s Help Getting Ready To Shop Rent 2 Own Houses
You can check and also track your credit scores from the 3 major credit reporting agencies here. There’s a demo period, but since it may take several tries over months to find the house deal you need, it’s worth keeping the service fora while. They also protect your identity from people who would use it to create fake credit accounts.
Check Your Credit –CLICK HERE
For non-bank transactions the credit score is used for these reasons. They want to verify your identity, what better way to know you have the right person than to look at their money relationships. Then they want to be sure you didn’t just come out of a bankruptcy or foreclosure. The advantage here is that no credit is not treated like bad credit. Certain court judgments or especially bad defaults can also be a factor in being denied. These can be removed with a credit repair service. These services are experts at challenging things on your credit that hurt your score. They can also help you build up your credit score before you ever approach a home seller. The better your score the higher interest or down payment.
Free Credit Counseling Advice for anyone oppressed by debt. Know All Your Options.
They handle every kind of consumer debt. Even student loan and car debt
Here's A Popular Credit Repair Company -CLICK HERE
It's better to use these guys for credit card debt. They are credit experts who will work with you when you have credit card accounts you don't want to close.
Or Try The DIY (Do It Yourself) Method
This is a way of repairing credit yourself, before shopping for a rent to own home.
Here's a credit repair guide that lets you be your own credit repair attorney.
So if you are willing to learn some laws and techniques, you've come to the right place. Because with a few clicks, you are going to discover a step-by-step DIY guide. Learn how to quickly, easily, and inexpensively increase your FICO Score to 'mind-blowing' new levels. Not only that, you're also going to discover how settle your debts for pennies on the dollar.
Now that you have checked out your own credit status, you can proceed to house shopping without any bad credit surprises.
You will be in the best possible position to negotiate for all the house you need for the price and payment you want. It's so much better to know first than be shocked later with denials.
