RENT TO OWN HOME PURCHASE REQUIREMENTS:
To start off, renting to own is an agreement whereby an investor rents out a house to a tenant and gives them the option to purchase the property after a certain period of time at a predetermined price.
In general terms, a rent to own contract consists of two agreements that run at the same time. The first is a lease that you sign on the property. The second is the purchase agreement, which sets out the purchase price that you agree to pay for the house in the future.
Benefits of Rent to Own
- You could get into the home of your dreams TODAY!
- Get into a Home and Cap the Future Purchase Price!
- Get into a Home even if your Credit is Bruised!
- Get into a Home today with a lower Down Payment!
- Get your Family settled into their neighborhood and Schools!
- You get your Credit Profile improved to meet Bank Lending Guidelines!
- Stop Paying Rent!
- CHANGE YOUR LIFE!
- Steady Income
- A desire to Stop Paying Rent!
- A desire to Repair any Credit Issues
- 3% or $10,000 Down Payment Required
Here is a summary of events which occur during the Rent To Own Program:
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