Jim Myers
GBClarification is needed here on foreclosures vs. Rent To Own Clarification is needed here on foreclosures and Rent To Own. Foreclosures can be candidates for Rent To Own listings. Remember, a foreclosure has already gone through the pre-foreclosure process and the property is ready for sale by the bank, it’s even listed on the MLS just like every other property for sale. It’s true, banks do not want to be landlords, but investors will always jump on the opportunity to buy another listing if they have an instant rental in the process. That’s where this works. Investors helping out possible Rent To Own Buyers. As for preforeclosures, same process, but the investor would be doing an approved Short Sale with the bank, then turn the listing into a Rent To Own. I hope this clarifies the process.
Ben Greene
GBForeclosure.com helped me close on two… Foreclosure.com helped me close on two amazing investment properties that I would have never found if it wasn't for their daily email newsletters and access to their incredible database of listing! A+++
Mark
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Lydia Siemens
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MICHAEL B
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