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Is this true: Rent to Own foreclosure homes?

My husband and i heard about this Rent to Own thing threw e-mails. He says the list cost $2.00 he doesn't see that its just to keep the people that do go out of there way to look over and take pictures of foreclosure homes. $1,000min. down bad credit,no credit, doesn't matter because e has his own lenders he works with. He only helps rent to own foreclosure homes to make sure he can make it possible to become a homeowner, Something like that. Has anyone done this? Or is doing this? We live in the state of Maine. Please any information would be helpful, i do think this seems to good to be true, but what if it isn't? i need help!

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  2. This could be legitimate, but I would be wary of anyone asking for money to provide you with a list of foreclosed properties. You should contact your local banks and credit unions and ask to speak with someone in their REO (Real Estate Owned) department. They will be happy to put you in contact with someone that can let you know what foreclosed and bank-owned properties are in your area for rent or for sale. If you qualify for a mortgage loan, you can come across some amazing deals on these properties. If you're not sure about whether or not you would qualify, please feel free to email or message me, and I can help you determine your options.
  3. First off, no lender is doing Rent to own. This sounds like a scam to me. DO NOT give this person any money or sign anything without having all the information. Listen to this; in Minneapolis, lady was looking for similar scenario, found an offer on Craigs list. Met the person at the house and discussed the contract. Did not look inside. He told her he'd forgotten the keys. She said ok, gave him $4000 in cash! And never heard from him again. The scam are rapampid. If it sounds too good to be true it probably is.
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