Alas, another shady real estate agent making us look bad...at least he's getting busted! 

This guy has been making a mint off of rent-to-own deals, but the payments he's been receiving from the buyers?  Been going into his pocket instead of to the banks-so these houses are now very deep in debt and the buyers are reporting ruined credit and money down the drain.

This individual has now started a new venture to help 'student athletes get into college' by hooking them up with scouts.  Isn't returning phone calls or emails to anyone.  And when a colleague asked about the bounced checks, ruined credit, missing mortgage payments, unpaid taxes, unhappy clients...his response?  "F___ them."

I have never been a proponent of rent-to-own deals, because I personally think the setup preys on the uneducated buyer.  Buyers who need a little time to build their credit scores back up are better off renting until the credit is corrected, so they can then shop the full available inventory and get a reasonable mortgage rate.  Only a small portion of our current inventory is available as a lease-purchase or rent-to-own situation, and a lot of times it's the portion of our inventory that isn't going to sell any other way. Or-it's owned by an investor who is banking on the fact that you might not ever get that credit cleaned up and will leave behind that fat 3-5% nonrefundable deposit.  A lot of money is made on buyers who never go through with a rent-to-own.

Proper advice and counsel is essential in purchasing a home, whether you're buying right now or if you're going to need a year to clean up credit to be ready.  We're ready when you are.  And we'll protect your best interests now and in the future!