How Does Rent To Purchase Work???

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It’s tough trying to buy a home.  Not only do you have to find the right home for you and your family, but you have to qualify for a loan during one of the toughest credit crunches in our history.  Maybe you even have some kinks in your credit that make the whole process seem impossible. Renting-To-Own gives you the time you need to qualify for a purchase, all while enjoying the benefits of home ownership and build equity NOW!

We have sellers who understand that times are tough.  Actually, you and the seller are both in the same boat: They want to sell their home and you want to buy one. We specialize in turning this into a Win-Win situation for both of you.

Every seller & property is different, but here are some general highlights of our Rent-To-Own program:

  • You lock in the price & terms for 18-24 months (or more possibly).
  • 100% of your down payment/option fee goes towards the purchase price of the home.
  • Sellers are typically looking for anywhere from 5-10% of the locked-in purchase price for a down payment.
  • Unlike traditional financing; Sources for a down payment can include personal savings, 401(k), IRA, credit cards, cash advance, gift money, home equity lines of credit, or private loans.
  • Submitting your down payment takes the home off the market so the first full month’s rent will be due prior to move-in.
  • The more you have available to put down, the more flexible the Seller can be.
  • There is no penalty for purchasing the home before the end of our contract.
  • Challenged Credit is Okay for Rent-To-Own!  We also have excellent credit repair, debt consolidation & mortgage loan referral contacts…Let us know if you’d like us to send you their information.
  • With our rent-to-own program you have plenty of time to repair your credit and shop for the best loan possible!

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Remember, there is NO fee or obligation for applying!

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Contact us right away so we can get you started on your Road to a New Beginning...