Monday, 1 August 2011

Rent To Buy Real Estate: Question 1

These are the questions i have about the idea of Renting To Buy Real Estate:

1. If the motivation for 'The Buyer' is to get into the market without the Banks for the purpose of 'Refinancing' down the track...what are they going to be Refinancing?

 - I assume that the vendor holds onto the Title throughout the term of this transaction, so what is there available for the 'The Buyer' to ReFinance on???

- Perhaps the answer lies here:

says St George will accept rent as a form of savings for a home deposit if there is evidence of a minimum of 12 months continuous, satisfactory rental history and the property is leased through a licensed property manager.

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