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WHAT IS RENT/LEASE TO OWN? Is the quickest, easiest and least expensive way to buy your dream home.
- The prospective buyer pays to the seller a nonrefundable deposit that
is applied to the purchase price of your new home.
- A portion of your monthly rent/lease payment is credited towards the
purchase price of your new home. We usually set a base rent then you decide
how much you can afford to put towards the purchase price.
- During the term of the lease, but before the option expires, the
buyer has exclusive right to buy the home under the terms to which both parties have
previously agreed.
If you have credit problems, or you cannot qualify for a mortgage
for some reason at this time, you may still qualify for Rent/Lease To Own.
- Have sufficient income to make the monthly payments
- Have the down payment amount.
Then there is an excellent chance that you will qualify!
And think about this with Rent/Lease to Own you will have up to two years to obtain a
mortgage. This is plenty of time to clear up credit issues or other situations that are
keeping you from buying your own home.
Move to your dream house today !!! |