http://www.msn.com/en-us/money/realestate/rent-to-own-homes-a-win-win-for-landlords-a-risk-for-struggling-tenants/ar-BBvThfR?li=BBnb7Kz
I get quite a few calls regarding rent to own or lease purchase. Many times potential buyers do not understand how the contracts work and what is entailed. This article shares a very unfortunate situation that is going on right now. If it seems too good to be true it usually is....this specific company seems to prey on the vulnerable.
Samuel Rankin thought he was starting fresh when he and his two daughters moved out of a 1970s trailer home into a three-bedroom Vision rental home in Alexander, Ark. But he soon discovered that the house, located just outside Little Rock, had no heat, no water and major problems with its sewage system that led to nearly $10,000 in repairs.
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