Christian Egan, a 34-year-old banker originally from Brazil, has long coveted a new apartment in New York. But the resilience of the city property market, even in the current downturn, has prevented him from buying. “I’ve been very close in the past three or four years but I’ve been waiting for the sell-off that hasn’t happened yet — or at least, not in the magnitude I expected,” he says. This year, however, his girlfriend, Julia Rutkowski, discovered a solution — a rent-to-own scheme recently launched at 75 Wall, a downtown luxury condominium development. “She did a sweep of the area and got into every single building there,” Egan says. They both liked the condo and... Read More
There are many ways a would-be buyer can be led astray. Do your homework and be aware of the pitfalls before you sign. The want ads practically shout from the pages of Craigslist: "Own a home for $699 a month," or "Rent to own! No background checks. No credit checks. No questions." If you’re struggling either to sell a house or to qualify for a home mortgage, a lease-option or rent-to-own deal may sound tempting. In theory, both sides win. The seller gets a series of cash payments and the buyer immediately moves into his dream home, while gaining time to improve his credit score... Read More
LOS ANGELES, Jan 30, 2009 /PRNewswire via COMTEX/ -- Customers Continue to Increase Exponentially as Website Gains Popularity. iRentToOwn.com continues to solidify its position as the internet's leading resource for Rent To Own residential real estate. The website, which has generated over 5 million page views since its launch in late 2007, recently expanded its search offering to include over 4 million nationwide listings.
Los Angeles, CA (PRWEB) December 18, 2008 -- iRentToOwn Corp. continues to achieve milestones that reaffirm its position as the nation's leading program for tenants that are serious about turning Rent into an investment and becoming homeowners. In response to strong client demand for local advisory services, iRentToOwn has assembled a team of licensed real estate professionals in select California markets to directly represent its clients in the purchase of Rent To Own Homes...
WHEN sales began almost two years ago at the first Northside Piers tower in Williamsburg, Brooklyn, buyers snapped up more than 20 percent of the 180 luxury condominiums in the first two months. They may have been drawn by the sweeping East River vistas and myriad amenities like valet parking and rooftop cabanas. But then came the credit crisis and the meltdown on Wall Street. Sales traffic inside the 29-story glass building began to slow down, and today about a third of the condos remain unsold... Read More