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Old 05-27-2008, 09:50 AM
 
1 posts, read 12,984 times
Reputation: 11

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My Fiance and I are planning to move back to Mass in the very near future ( roughly two months if not sooner) Having lived there before ( he grew up there his family is there) we know rent isnt cheap. We own cats so finding pet-friendly, affordable apartment is seriously challenging. We would prefer to not have to deal with apartment life again either. Unfortunately we do not have anything that could be considered a decent amount for a down payment saved at this time .
I was looking into lease/rent to own but Ive only found about a handful
One rather appealing prospect unfortunately was only for Cape Cod properties.

Anyone know of realestate agent, company or such that might have properties available for Lease option ? We are looking to be in the South Shore area .
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Old 05-28-2008, 06:41 AM
 
Location: 2 Mechanic St., Easthampton, MA 01027
35 posts, read 218,418 times
Reputation: 37
Default Lease To Own Scams - Watch out!

Channel 22 in Springfield MA recently reported on a "rent to own" scam. I own a for-sale-by owner-service in Western Mass and one of our sellers reported getting a call from this company a couple of months ago. The company wanted to buy his home, then rent it to a couple who were trying to get their lives back in order. Sounded fishy and he didn't bite, thankfully.

The alleged scam artist called herself a investment specialist and put herself out to be a real estate agent (as reported by Channel 22) but a quick license check didn't turn up anything. Her partner, however, is a licensed agent from Hadley, MA. In the current economy I'm afraid we will be hearing more unfortunate stories such as this.

Be very careful looking at "rent to own" properties and check out the agent, the agency (as the broker is responsible for his/her agent's actions), and the reputation of the company. Read the fine print and don't sign anything until your attorney reviews the documents.
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Old 11-29-2012, 10:28 AM
 
1 posts, read 4,538 times
Reputation: 10
Smile Need a rent to own

We are a family that left Mass last year to live in Utah. Now, we are coming back in Feb. and need a 3 BR or more house with a yard. We are interested in rent to own but don't want to get involved in the scams. If you have or know of anyone who is interested in renting to own such a house .. Outside of Springfield, we won't consider a Springfield home... please reply to me at [email]russvjenkins@gmail.com[/email].
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Old 11-29-2012, 03:39 PM
 
1,768 posts, read 3,240,871 times
Reputation: 1592
I am pretty sure that rent-to-own is not something that happens much, if at all, around here. Eastern MA has good/strong economy and hence shortage of decent places to buy and/or rent. Also, I would advise newcomers to play safe, and stick to regular rentals, until more familiar with local laws, customs, and ultimately, areas they would like to "plant their roots" and then buy.Caveat emptor!
Just my five cents.
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