Hi everyone
I currently live in a complex of 20 house’s in the complex As of late the complex has been getting worse in the way of things like drugs and neighbors just going off for someone walking past there house and it’s gotten to the point I want out due to my kids safety I have a 9 year old who has autism and adhd and I’m currently 31 weeks pregnant 10 months ago the complex I’m in wasn’t this bad it’s only gotten bad in the last month or 2 what I’m asking is has anyone done a rent to own on a house not like a mortgage just rent to own with no banks no middle man type thing as living where we are is sending my anxiety through the roof and I fear for my son and unborn daughter can someone help send me in the right direction I’m open to a fixer upper
3 Replies
You need to get legal advice before doing rent to own. There are a lot of dodgy people doing this and the contracts can be very unfair. If you aren’t prepared to pay a lawyer to look at the contract don’t do it.
It hardly has to be a rent to own for you to move now, find another rental and start working towards your future owning goals if that's what your plans include.
Rent to owns rarely ever work out. I would avoid personally. If you are in public housing I would get my name down on the transfer list and note down any incidents with details such as time and date and what happened. Report them. If you are private renting complain to real estate and see if they have anything else available. Keep an eye on realestate.com.au for any new rentals in your area.