Although the housing market is showing signs of recovery, other indicators show the foreclosure crisis is getting worse. In a September interview with U.S. News, Austan Goolsbee, the former chairman of the Council of Economic Advisers, said, “I think there’s a lot wrong in the housing market. If Fannie and Freddie would start enabling people to rent out the vacant homes, that would also help.”
If you don’t have enough money right now to make a down payment for a home, or your credit rating is too low to secure a loan, you may find a solution by entering into a rent-to-own contract with a home seller. Rent-to-own contracts can offer you some flexibility and time to improve your situation before buying a home.
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Real estate continues to be the number one wealth building strategy in the world today. Through this program you will receive an unparalleled service for locating properties below market value. In addition, our experienced customer service representatives are available to answer any customer inquiries.