Fraud: An Inside Look | Federal Trade Commission

Helps consumers understand how easy it is to be conned–and how to avoid fraud. Real consumers, who fell for the pitch, tell their stories and a former scammer gives an insider account of how these operations use high-pressure tactics and how consumers can protect themselves.

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New York AG Andrew Cuomo announced a million settlement involving a major health insurance company and a firm that sets “out of network” costs for insurees. Randall Pinkston reports.
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Rent To Buy Home: Buy A House Without Stepping Inside The Bank

buy home
by Ruth L

Not everyone is lucky to have their housing loans approved. For those who seem to find no way to get to own a house, it looks like it is almost impossible for them to get a house of their own. With the financial crisis that they are experiencing, attempting to acquire a loan may just get them into more trouble later on, and which will even worsen the situation.

Rent to buy home is an solution where you can start paying for your own home, even without any loans or savings.

Rent to buy home doesn’t require you to pay in bulk immediately; and at the same time, it also doesn’t mean owning a house right away. Payment is done gradually and all depends on the buyer and seller agreement, until it comes time that the property becomes yours.

This is a slow but sure method that can be very advantageous especially for the buyer, if he has limited ways of purchasing a house, through the rent to buy home method. How can you get a potential seller be interested on rent to buy home method?

If you have heard of FSBO or For Sale By Owner, this is a method where sellers sell their homes without any realtor or middleman. The main reason behind this is that they don’t want to pay for expensive commissions and that they need to get most of the proceeds of the sale for themselves instead. FSBO sellers use this kind of method because they have small or no equity, or maybe they have other financial troubles that make it difficult for them to sell their properties in a normal way.

Whatever reasons they have, this is the perfect chance for the buyer to propose a deal to the seller, which in return, will be beneficial for the both of them. Remember that the idea of rent to buy home is not constructed to take advantage of those who’s desperately in need, but to provide help and propose solutions to each entity’s problems.

The rent to buy home concept is not fixed and can be revised as long as both parties will agree on it. Buying a house will surely be a lot more expensive than renting a house, but the rent to buy home method doesn’t require you to deprive yourself from your basic needs. To conclude, rent to buy home is the perfect solution for both the seller’s and buyer’s problem. The seller is able to sell his home and fix his financial setbacks, and the buyer, finally getting the chance to purchase his own home.

Rent to buy home will save you from the rental cycle and get your dream of owning a house closer until it’s finally within your reach. DIYRentToBuyHouses is an expert on rent to buy houses method, visit their site for more detailed information.