Posted by Chuck (AZ) on July 05, 2001 at 15:06:15:
What city,state are you in?
How much have you paid in rent to date?
What is your monthly payment now?
How much is the lot rent?
Does it includes any utilities/trash pick-up, etc?
Have you ever missed, or been late with, a rent payment?
What kind of down payment can you make?
In your opinion, is the home worth the asking price of $8,000?
Does the home need any repair work?
If yes, who will do it?
How long have you been with your current employer?
Do you have a criminal record? If yes, for what?
Now you probably think I’ve being very nosey or perhaps even a bit rude… but I’m not. These are the exact same questions that a lender would ask you… and the answers are probably the reason he won’t sell to you on credit or with an option.
Think about it.