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why should they rent a home they own and have been paying on? SemperEadem Mar 2012 #1
At least in Arizona, the "owner" with a trust deed mortgage doesn't actually own the home. FarCenter Mar 2012 #12
reply #13 SemperEadem Mar 2012 #14
Because BoA is just about bankrupt and needs assets on their books, now. xtraxritical Mar 2012 #18
So instead of rent to own Betty Mar 2012 #2
It's "rent to lose a home." sofa king Mar 2012 #3
You are correct..the devil is in the details: dixiegrrrrl Mar 2012 #8
I thought they were doing this in ther UK for years. n/t Bonhomme Richard Mar 2012 #4
Sick-ass monsters. tcaudilllg Mar 2012 #5
Will give people a chance to get back on their feet and stay in their community while they get ready freshwest Mar 2012 #6
Long term mortgages have driving up the price of homes Kolesar Mar 2012 #16
Thanks, I agree with your comment too. freshwest Mar 2012 #17
That has also been beneficial to localities pimping Trillo Mar 2012 #21
Yes, there has been a lot of barriers to affordable, green housing by local governments that keep freshwest Mar 2012 #23
Owners need to make BOA prove it owns the homes! dixiegrrrrl Mar 2012 #7
THIS!!!! SemperEadem Mar 2012 #13
The condition of the paperwork depends on how the mortgages were originated FarCenter Mar 2012 #15
is something our customers, the community and investors will support, AlbertCat Mar 2012 #9
Haha HELL NO Myrina Mar 2012 #10
Well, thankee, thankee, Mr. Charlie. Now you get the money AND the house. jtuck004 Mar 2012 #11
What this seems like to me that its designed to cstanleytech Mar 2012 #19
This could be a sign that property values are expected by the banks to appreciate Trillo Mar 2012 #20
Not necessarily appreciate dipsydoodle Mar 2012 #22
If they can pay rent, why don't they qualify for the mortgage modification? askeptic Mar 2012 #24
If I were one of these underwater home owners, I would tell BofA "No thanks, go ahead and evict me." Devil_Fish Mar 2012 #25
I'll be the realistic bitch here Yo_Mama Mar 2012 #26
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