Tuesday, June 4, 2013

Finding Rent To Own Homes In Oakland County Michigan

Finding a home period in Michigan that is affordable can be hard. That's not saying it can't be done but it may take some time. Affordable homes in Oakland County Michigan don't come around to often and when they do you better jump on them.


You would have better luck finding a rent to own home in Oakland county Michigan than you would anything else, because you are dealing with the home owner when renting or leasing a home for a period of time. Rent to own homes are ideal for first time home buyers that have no credit or want to save up the money for a down payment on a home.

One area that is kind of dead in Oakland County for homes for sale that are affordable is Clarkston Michigan. Nothing is really moving in that area.

Rent to own homes have been very popular over the last year they actually have more attraction than a house for sale. Reason being is that you can pay rent that goes towards a down payment on the house or you can help get out of bad credit.

Having good credit will help you buy a home because it shows lenders that you are about to pay back debt or money that you owe and with the new mortgage rules in affect you might find it harder now to get a mortgage that is affordable, but there is always rent to own options to fall back on.


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