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Old 08-07-2008, 06:28 PM
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Join Date: Aug 2008
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Default what does it mean if i rent-to-own a home for a
low price due to foreclosure??what happens to the mortgage?? what i mean is...ive been browsing Craigslist.com and ive found homes for sale...actually rent to own...at a LOW LOW price...like 875-950 a month...the total mortgage is like 175,000....now if i try and rent that home will i end up paying more??...WHATS the catch??...can i take over the mortgage AND still pay only 875-950 a month???...or is there some hidden extras I'm missing??...please explain!!!!!
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