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Real Estate & Property Law

: The Home Equity Theft Reporter

Lease-Options, "Rent To Own" Gaining In Popularity As A Way To Unload An Unsold Home?

By r morris

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The South Florida Sun Sentinel reports: In South Florida's depressed housing market, some people are taking a wait-and-see approach by renting with an option to buy later. Leasing is still more common with cars, but the concept is spreading. Sellers are willing because they're struggling to unload their properties, and a rent-to-own contract brings in cash. Prospective buyers also are game

Full post as published by The Home Equity Theft Reporter on January 18, 2009 (boomark / email).

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