The high rate of foreclosures and the tightening of mortgage lending has brought rental markets back on strong. This means that lease option and rent to own investors are having a field day right now. It’s a one-two punch combination where many good people are losing their homes and then they can’t qualify for mortgages right away. Plus many other would be buyers also can’t qualify.
This makes them perfect candidates for lease options. they can get into a home they want without it just being a rental and then buy once their credit is in shape.
Take a look at this article on rental markets coming back.
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