Rent to Buy

Viewing 4 posts - 1 through 4 (of 4 total)

SandyV
Member
@sandyv
Join Date: 2006
Post Count: 1
June 5, 2006 - 9:40 am
Want a property, but dont have the deposit. cant get 1st home owners grant, have some credit card debt.Know a little about Rent to Buy, but who can give me pros and cons re this? also want to buy on Gold Coast…how to find vendors who may be interested?
Thanks for any help offered
Sandy
Kiwi-Fulla
Member
@kiwi-fulla
Join Date: 2002
Post Count: 371
June 5, 2006 - 2:48 pm
I can….
read some infor from my site….
Why Rent? Rent 2 own!
http://www.rent2ownaus.com
alexlee
Participant
@alexlee
Join Date: 2004
Post Count: 46
June 5, 2006 - 10:22 pm
Sandy, backing up a bit, is it a good idea for you to be buying a property without a deposit? Rent to buy usually involves higher than normal rent. If you don’t have a deposit, does that mean you’re spending beyond your means? If that’s the case, can you afford the rent to buy payments?
Alex
Richard Taylor
Participant
@qlds007
Join Date: 2003
Post Count: 12,024
June 6, 2006 - 8:46 am
Under my Company First Home Owners Group Pty Ltd we have helped over 200 clients in your position over the last 10 years and still have over 150 clients on our books.
Feel free to email me any questions you may have especially as it appears you are referring to Qld where the installment legislation is different to many other States.
Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
[email protected]
Ph: 07-3720 1888
Richard Taylor | Australia's leading private lender