Looking for rent to own or seller financing in Bergen County NJ

[Brandon Z.]

Good evening and happy early 4th of July my fellow BP-ers !!!

My wife and I have just begun our first time home buying process this week and we are looking to expand our marketing reach by posting on here. We are looking on the MLS with the help of some area realtors and we will also be receiving our pre approval letter later this week.

We are also open to less traditional financing models including lease option with option to buy as well as seller financing. Our price range is $150,000 - $200,000. Ideally, we are looking for Bergenfield, Teaneck, Dumont, Hackensack, Englewood, Bogota and we are also open to other neighboring towns. 

Please reach out if you’re a realtor, investor or anyone else who might know of any properties that meet our criteria. 

Brandon

[Kevin Hill]

That price range and someone willing to do seller financing or lease to own is going to be very difficult to find with today’s market conditions. It’s a seller’s market in Bergen County. You usually only see seller financing or lease to own when sellers are desperate in a down market.

There can be homes in that price range in those towns, but expect them to need a ton of work. For example, there was a home on the market for $199,000 in Dumont, but it had fire damage.

Sorry for being such a negative Nellie.

I have an REO listing in Hillsdale for $219, but it's on a main road and needs a complete rehab.