Last week, I received an email from a possible first time buyer in Woodbridge, Virginia with credit issues. Her question was "Is rent to own a good option while restoring credit?"
I share my answer in this week's video tip by your Woodbridge Mortgage Lender.
If unable to view the video click the link "Is Rent to Own a Good Option by Woodbridge Mortgage Lender"
Contact Markita Woods at markita@weststarmortgage.com or 703-497-3936 to run a free Rent vs. Own cost comparison and figure out if Rent to Own is the best option for you.
Let's stay connected:
Learn more about FHA and VA Loans in Virginia and Maryland.
Contact Markita Aldridge- Woods at (703) 497-3936 or via email for custom tailored mortgage solutions.
Company ID #2925 Licensed by the Virginia State Corporation Commission and Maryland
Markita, very nicely done! It seems in this market, I see a lot of folks asking that question, thinking that it will be a better option for them.
Thanks Jean. Its only a better option if buyers get themselves in a position to buy after the lease is over.
Every situation is unique. I get the same questions for rent to own and lease options, mostly from people that just got through a bankruptcy and wants to own a home again.