Learn About Our Easy Rent To Own Process!!!

If you have been dreaming about owning your own home but you weren’t sure if you qualify – Let us explain the Rent-To-Own process to you!!!

Have you ever been told you don’t qualify for bank financing because you don’t have a big enough down payment or you lack credit or have damaged credit?

Our Rent-To-Own program has helped many people just like you buy their dream home with much less money down than a bank requires. If you would like your rent payment to go towards purchasing a home, this program is just what you have been looking for.

The Rent To Own Process:

1- You can contact us online or you can call – whichever is most convenient for you. We will start off by getting some basic information about what type of home you are looking for, which is your preferred location, how many bedrooms and approx size house and lot, etc…

2- To ensure we are able to match you with the perfect home to fit your dreams and your budget we would also need to know what type of down payment you can make and what monthly payment you can afford. We will also ask for other important financial information. The financial information will be important so we can determine if you will be able to buy the place before the end of the lease. (Remember we want you to buy the home.)

3- Next you can fill out our simple application form online or we can mail you one.

4- After we have your application you are ready to check out any of our homes that fit your needs. We have quite a few different opportunities available

· Some homes are in move in condition and ready for you to make a home.

· Some homes require a little TLC that can be a great way for the Handyman to build extra equity fast while you are living there, if you enjoy this type of work

· Whatever your comfort level – let us help you find it.

5- After we have found a place that fits your needs we will go over the specific terms of our standard paperwork and work out an agreement.

A. We only require 3-5% down payment of purchase price as a non refundable option that will go towards the purchase price when you buy the home. This is somewhat based on the condition of the property. However a bigger down payment can also lower your monthly payments. We also credit 20-40% of the monthly payment towards the purchase price. Example: If you are interested in a place that is $85,000. we would require between $2500 - $4500 as a down payment and a monthly payment of approx. $700. The amount of rent credit that would go towards the purchase price would be approx $200. So in this example, in 36 months you would have accumulated a down payment of $11200. Compare this to bank financing if you would need to go to a bank for the same house: On an $85,000. home the bank would require a 20% down payment which would = $17,000 you would need up front. You payment would be approx $700. based on a 9% interest rate for a 30 year term. Here is the scary part – out of your first three years of payments to the bank approx. $51.00 per month would go towards principle and the rest would go for interest. (It is easy to see why rent to own is such a good option.)

B. Typically we offer our Rent-to-Own option for a period of 36 months. However you can exercise your option to purchase any time within that time period.

Note: Because of the way we can make rent-to-own so attractive and the process is so easy, our homes don’t last long. Our average home is sold within a period of under 2-3 weeks. SO DON’T DELAY CONTACT US TODAY!!!

 See Homes Avaiable or fill out our online application form or Call us at (570-374-2337) with other questions.