With the economy at it's current state,
"renting to own" is becoming the next logical option,
regardless of if you're a buyer or seller.
Byebyelandlords.com is in the business of selling rent to own homes to families who have been turned down
for conventional financing by the banks. With homes sold in Georgia, New Jersey, and Wisconsin, www.byebyelandlords.com
(originally focused in the Chicagoland area) is opening up it's services to the entire U.S.
This means good news to both frustrated sellers & credit challenged buyers.
The ever changing bank guidelines, have taken good buyers of the past
and made them today, risky at best.
The main issues that bring buyers to us for their housing needs is,
1) A recent foreclosure - (Minimum of 2 years with a clean history to get a loan)
2) short time on the job - which is almost always followed buy a low down payment,
3) No credit history -- many people today are still cash only buyers, which means no borrowing history
to determine their ability to repay.
Families with anything other than a small medical bill,
can be thrown into this group as well. Very few people have 20k, 30k, or sometimes even 100k
(depending on the specific hospital/procedure)
Known to only a small number in the mortgage industry, outstanding medical bills, can have a strong negative effect
on your credit score. All of these above conditions are forcing "want to be" buyers to seek out alternative/
purchasing options.
Sellers are feeling this resistance as well. In the past a home seller may have had to
compete with 3-5 other homes on the market like thiers. Today, sellers are facing 20-30 other sellers
with similar homes in thier market place -- with the list of approved buyers dropping daily.
If you are in need of alternative options for buying or selling,
www.byebyelandlords.com is a safe option in this crazy real estate world.
With fair prices and terms for sellers, and low down payments & flexibility for buyers,
www.byebyelandlords.com is becoming the real estate problem solver
go to www.byebyelandlords.com and check out the available homes,
if nothing matches your needs, click on the "rent to own" link
and fill out your home wants/needs. With sellers calling daily,
your new home may be a few days away.
If you need to sell, email them and request an info sheet,
and one of their associates will contact you & present a fair offer.
