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Iwould like to find a home that is lease to own, we are having credit problems because of an account mistake by Capital One, we are trying very hard t
Like I said we are trying to clear this problem up with Capital One Auto finance and we do own the home we are living in now
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Lease to own is either called "Owner financing" or "Bond for Deed" in Louisiana. Ads that claim to lease to own are misleading and most are scams. I suggest you figure out if you want to rent a property or purchase a property. If your credit is poor the best thing is to rent for a while and rebuild your credit. There are sellers that have not been able to sell and are willing to owner finance and will sell to you for and carry the note. Most time we see these people charging 12% or higher interest and asking more than a house is worth. Do not pay for lists as they are mostly bogus. If you have a down payment equal to 15% or more of the asking price you may find someone willing to owner finance.
I would recommend that you be very careful with Lease-To-Own opportunities. You may have more success with seller-financing transactions. Contact a local Realtor for recommendations.
I have many owner financing homes available. You can use your tax refund, a gift or savings as a down payment. I also help credit counsel you to get you back on track and ready to refinance the home. Call me when you have a minute.
In my market there are a few currently on the market for lease-to-own. It's important that you work with a Realtor who will represent you in this process. Get a recommendation from a friend or from your lender.
There are almost no homes in our area that are lease to own! If you really have decent credit with ONE exception that someone would be willing to sell to you with about 10% down and a high interest rate. You will need at least 10% down in cash.
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