New Design and Rent to Own MN

We have been working extremly hard on a complete site overhaul at Rent to Own MN. Expect to see this roll out here by the end of April. This design is much cleaner and will include more search ability and other features that will make your home search easier.

In the coming months one of the things we will improve on is getting more lease option/rent to own homes in Minneapolis and St Paul. We do have relationships with other companies who have rent to own homes and houses in St Paul and Minneapolis.

Once again thank you for visiting Rent to Own Minnesota, we focus daily on being your ultimate source for rent to own homes, houses, townhomes, condos in Minnesota.

Secrets for Renting After Foreclosure

Are you concerned with renting after foreclosure? Foreclosure can be a tough and trying process for anybody to go through, if you can't save your home from foreclosure you might be wondering what are you options when it is all over? How do I get approved to rent after foreclosure? Do I have other options besides renting after foreclosure?

How do you get approved for rent/rental after foreclosure?
Each property owner, landlord, and property management company has their own approval criteria for approving a future resident. First and foremost you must be up front with whom you are applying. Given the current market conditions you will most likely find that most property management companies and owners will be understanding given that you keep in mind the following items:

• Do you have good provable solid household income and for how long? If your foreclosure was due to a job loss you need to prove to the owner or property manager that your new job is secure and you are living within your means.



• Have you kept up with all your other bills? If your mortgage rates climbed and you couldn't afford the jump, or you had some other form of financial emergency, this is understandable. If you have other financial problems you must make sure this is because of the hardship and can be proven to be so. Most owners and property managers want to see that this was simply a bump in the road and you are back on track now.



• Be completely upfront with whom you are dealing with. Sometimes it is worthwhile to put an overview of your situation into a letter and present this letter with your application. This is especially helpful for a property management company.

What if you are denied for a rental after foreclosure?
Make sure you get your denial in writing. Next, if the place is a perfect place make sure you are talking with someone that has the authority to make the decision given all the information. Sometimes talking to the right person they are able to understand your desire to and ability to live in the new home.

You should also remember that foreclosure is not the end of home ownership. Consider a rent to own or other form of owner financing to get back on track:

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