Posted by Edward Nolan (Ohio) on December 07, 2002 at 18:52:29:
In Reply to: gotta get out posted by james IKE on December 07, 2002 at 11:45:51:
James,
You could still break even. I'm sure that's better then a foreclosure. You can even potentially put some immediate cash in your pocket too.
Put a sign in the front yard that says RENT To OWN. Leave a number for them to call you at. If you can, hold out till you get 3 calls. Then schedule them all to come at the same time to the house to fill out an aplication. Inform them that it's a 2 year lease purchase with like 1500 down and add $50-75.00 to the current mortgage amount you pay. The purchase amount is up to you if you want to profit or not. A couple thou would be nice. They'll fix up the home, and when it comes time for them to buy, your out and have made probably $4,000.00
Do a check and make you selection.
Or you can advertise it for free by listing the home on my web site and add up to 3 images. It's free.
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