Sunday, February 18, 2007

Follow your heart and your instincts

Discussion: It’s very important that both you and any partner you are involved with feel comfortable with the seller and the entire process. If the seller goes back on his word, changes the agreement midstream, cannot produce a reasonable number of referrals, then you should consider getting out while you still can. My experience tells me that people who “do what they say, and say what they do” consistently from the first time you speak with them throughout your entire relationship, have the character you’ll be looking for in a rent to own partner. You are putting a great deal of trust into the hands of this individual. If you have any doubts about their integrity, politely bow out. This is not to say that you may have doubts or be scared about proceeding with a rent to own contract or any home purchase. As we discussed earlier, it is a big commitment and you should have some reservations about the risk. You should, however, be well positioned to mitigate or eliminate the risks with careful planning.

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