If you are currently
living in Michigan and want to move it can be hard because there isn't much on
the market and right now home sellers can be picky on what they want to accept.
Grand Rapids is a place that has a lot of older homes that could be rented out.
Believe or not rent to own homes are popular with the younger kids around 21-22
years old. Its probably because their credit took a dive with all the college
student loans they had to take out and now they have a job and want to get out
of their parents basement.
So what do they do they
look for cheap rent to own homes in grand rapids because you don’t need a
mortgage just yet and if your young you probably won’t get a good rate on a
home loan so you rent a home for a few years to build up your credit and in the
process save some cash and after 3 years your on the market looking for an
affordable house.
Rent to own homes in
Grand Rapids can also work if you have bad credit and not a college student.
The last thing that you want to deal with is being upside down on a mortgage.
Having a home loan that is available to you is much easier but you have to make
sure that your not struggling with bad credit and if you are make sure that
your taking the right steps to raising your credit. Here is what you need to do
if you want to buy a house but have bad credit.
1.
Look at ways to repair your credit
2.
Join a rent to own program
3.
Maybe get a credit card for small purchases
4.
Talk to a bad credit expert
These are all things that
can put you on the right path to fixing your credit and getting into a home
that is affordable for you in the future.
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