Rent to own info! Move into a home today and own when you have saved down payment or fixed credit score.
It is a Buyers market and they say that now is the best time to buy your next home! Interest rates are low, prices are down, and lots of homes to choose from in great areas! But, financing laws have changed and you are required to have at least 3%, which most people live pay check to pay check or do not have the extra money if you are just getting started in life and all of it's expenses. So unless you purchase a HUD foreclosed home and qualify for the $100 down program or live in a rural area and qualify for the 100% financing through the USDA (which e-mail me at mattsarver@kw.com and I can let you know more about that) then you must have at least 3% of the sales price of a home. On a $100,000 house that is $3,000. Rent to own is an option where you get today's price, part of your rent payment goes towards saving up for a down payment, and you work with a lender from the beginning to help get your credit score at its highest to make sure you get the lowest interest rate! If you are interested in finding a home and moving in today without having to move twice this is a great option and you can call me, Matt Sarver with Keller Williams Realty at 704-506-2323 or e-mailing me at mattsarver@kw.com. I have condo and a townhome in the Lake Norman area listed that is willing to work with a rent to own buyer.