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  • Profile photo of starbabystarbaby
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    @starbaby
    Join Date: 2010
    Post Count: 2

    Thanks for the replys.

     I was talking about rent to own. I was asking from the rent/buyers position not a seller. Obviously if this structure could be in place it would mean the renter could theoretically knock down the size of  the loan quicker (Or at least knock down the interest owing at the time) thus building the equity faster. Clearly the problem is protecting yourself (the rent/buyer) but if the bank does somehow have this type of loan structure with security in place, would this be something a seller would consider setting up to help the buyer bay off the home loan faster? My guess is that I will need to talk to a bank to get the exact answer as it depends on all the loan structures they have in place, but i'm interested in your opinions on this matter and if you (the sellers) would work with the buyers if this could be set up.

    Thanks  

      

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