Lease to Own question.

[Cruz G.]

I am considering going into a Lease to Own situation, but am structuring the plan to make it "just right". One issue I have is the potential seller takes my check before the 1st (sometimes dead on the 1st, but NEVER later). There are times that the seller/landlord does not deposit the check immediately and will post on my account as a debit about 7-9 days later. I don't get cancelled checks anymore, so how do I prove to the potential lender that I didn't pay the seller late? How do I avoid situations like those (without paying ridiculously early)? Does the seller have to have a notarized letter explaining the delay? Just want to know how I would handle this if I go this route.

Thanks.

[Kevin Amolsch]

Use your banks bill pay service. It is most likely free and they normally withdraw the amount from your account and put it into another account to draw the check from. This way it will show you paid on time every time. It is also a good way to keep your personal account number to yourself if you wanted to do that.