The document lists questions a homebuyer should ask a seller about a rent-to-own or owner financing home. Key questions include whether the home is available for rent-to-own, the purchase price and monthly rent, how much rent goes towards the purchase, required deposits, the rental period length before purchase, responsibility for repairs, proof of current mortgage, allowance of pets, and any associated pet fees. The questions aim to gather important details about purchase terms, costs, and property conditions upfront.
2. Is the home available for rent to own or owner
financing?
First Questions To
Ask Seller
3. Is the home available for rent to own or owner
financing?
How much are you currently selling the house for?
First Questions To
Ask Seller
4. Is the home available for rent to own or owner
financing?
How much are you currently selling the house for?
How much is the rent per month?
First Questions To
Ask Seller
5.
Is the home available for rent to own or owner
financing?
How much are you currently selling the house for?
How much is the rent per month?
How much of the rent goes toward the purchase price?
First Questions To
Ask Seller
6. Is the home available for rent to own or owner
financing?
How much are you currently selling the house for?
How much is the rent per month?
How much of the rent goes toward the purchase price?
Do you require a deposit upfront? (Don't tell a seller you
have $10,000 to put down!)
First Questions To
Ask Seller
7. How much are you asking for a deposit?
First Questions To
Ask Seller
8. How much are you asking for a deposit?
How many months am I able to rent before purchasing
the home?
First Questions To
Ask Seller
9.
How much are you asking for a deposit?
How many months am I able to rent before purchasing
the home?
This is one of the reasons why talking to a mortgage broker is
so valuable.
First Questions To
Ask Seller
10. How much are you asking for a deposit?
How many months am I able to rent before purchasing
the home?
This is one of the reasons why talking to a mortgage broker is
so valuable.
Is the home in need of any repairs?
First Questions To
Ask Seller
11. How much are you asking for a deposit?
How many months am I able to rent before purchasing
the home?
This is one of the reasons why talking to a mortgage broker is
so valuable.
Is the home in need of any repairs?
If so, who is responsible for the current repairs?
First Questions To
Ask Seller
12. Who is responsible for repairs that are needed during
the rental period?
First Questions To
Ask Seller
13.
Who is responsible for repairs that are needed during
the rental period?
Would you be willing to provide proof that the mortgage
is current throughout the lease?
First Questions To
Ask Seller
14. Who is responsible for repairs that are needed during
the rental period?
Would you be willing to provide proof that the mortgage
is current throughout the lease?
Do you allow pets?
First Questions To
Ask Seller
15. Who is responsible for repairs that are needed during
the rental period?
Would you be willing to provide proof that the mortgage
is current throughout the lease?
Do you allow pets?
If so, is there an extra deposit or fee for pets?
First Questions To
Ask Seller