filmov
tv
Risks of Rent To Own For Renters | Mortgage Advice From A Pro
Показать описание
🏠💰Risks of Rent to Own in BC💰🏠
On Tuesday Kam discussed, the “Benefits of Rent to Own”, while today he discusses the Risks for both the tenant and the landlord when it comes to Rent to Own.
Risks of Rent to Own
Although rent-to-own agreements seem like a terrific idea, they are not particularly common. Of course, this system has several drawbacks, such as:
Renters Risks:
• More expensive than renting.
• The renter will still need to qualify for a mortgage at the end of the lease agreement and many lenders will not mortgage a rent-to-own agreement.
• If you decide to not purchase the home, there may be penalties.
Risks of Rent To Own For Renters | Mortgage Advice From A Pro
On Tuesday Kam discussed, the “Benefits of Rent to Own”, while today he discusses the Risks for both the tenant and the landlord when it comes to Rent to Own.
Risks of Rent to Own
Although rent-to-own agreements seem like a terrific idea, they are not particularly common. Of course, this system has several drawbacks, such as:
Renters Risks:
• More expensive than renting.
• The renter will still need to qualify for a mortgage at the end of the lease agreement and many lenders will not mortgage a rent-to-own agreement.
• If you decide to not purchase the home, there may be penalties.
Risks of Rent To Own For Renters | Mortgage Advice From A Pro
0:03:50
0:11:16
0:00:57
0:00:58
0:08:48
0:01:03
0:09:21
0:01:58
0:09:51
0:09:32
0:00:35
0:07:35
0:15:02
0:01:00
0:00:16
0:03:31
0:17:35
0:01:25
0:08:24
0:00:22
0:09:34
0:01:28
0:06:35
0:04:21