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Friday, March 28, 2008

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 so if you are looking in those areas we suggest you leave a profile here.
If you are looking to search for for rent to own mn homes, houses visit our search page.

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.

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Sunday, February 10, 2008

Is now a good time to do a Rent to Own in Minnesota?

Now might be the perfect time to do a rent to own in MN. Most rent to own terms are 12 - 24 months. Given the current real estate market conditions, financial lending guidelines, and time of the year, now is the perfect time to do rent to own a home in Minnesota. Given this time frame most things should have worked themselves out well before it is time for you to get your own financing.

The real estate market is having a tough time now, houses are not selling as fast as they used to, but houses are still selling. There are some things to keep in mind when considering a rent to own in this marketplace :

  • Is the purchase price fair and fixed for the length of your lease to own term?
  • What are other houses selling for in the neighborhood?
  • How much rent credits are you getting?
  • What is your current credit situation and how long before you can get financing?
  • Are you in a credit maintenance or credit repair program?

These are just some questions you should keep in mind when considering buying your next home on a rent to own in MN. Remember if any questions about a lease option in MN make sure you ask the real estate agent, owner, landlord, or property management company you are working with.

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