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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Rent to Own
I got a kind of an offer on the house today, well, more of an inquiry.
A lady called and asked if I would consider a rent-to-own type agreement.
I told her that the idea hadn't occurred to me, and I would have to think about it. I told her I would call her back early next week with a decision.
I have some thoughts on this kind of agreement, but I'll keep them to myself so as not to spoil the discussion.
Has anyone here ever done such an agreement as a buyer or seller? If so, what is your experience? Are there standard terms for such agreements?
__________________
Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
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