Frequently Asked Questions
General questions about our company, service, and properties we offer on this website:
- What does Rent to Own actually mean?
- What is the Rent to Own process?
- Do appliances or furniture come with a rent-to-own home?
- What if I have bad credit? Can I still get a rent-to-own home?
- Is there a down payment on a rent to own home?
- What are the benefits of a rent to own home?
- What are the requirements of a rent to own arrangement?
How we have improved the traditional Rent to Own process
Traditionally, a rent to own agreement is a contract on a property that works like a lease and leads to a purchase. It’s often called a lease with an option – or a lease/option agreement for short.
The lease portion is a standard rental agreement that includes monthly rent, security deposit, and other typical terms.
With our system, you become a homeowner as soon as you sign the contract. Your monthly payments now go toward home ownership instead of your landlord’s pocket.
We require a signed contract and a down payment – no credit checks or drawn out process. We’ll work with you in most scenarios to provide you the best home solution possible.
We help lots of folks like you to purchase the home of their dreams.
Fill out the form below to get started on your way to home ownership!
What is the Rent to Own process?
The rent to own process is actually pretty simple.
Once you’ve seen one of our fantastic properties, you’ll give us a call to set up an appointment. Don’t worry – we help people with all kinds of credit and financial situations, and if you can afford the property, we can probably help you to own it.
After you’re approved to purchase the property, just sign the contract, pay your down payment and then move on in!
We work with you after the sale to get you refinanced through a traditional mortgage loan.
That’s the process! You’re done – now you own your home!
First step – sign up to find great properties just by filling out the form.
You’ll get immediate access to great rent-to-own homes, plus a whole lot more.
Sign up and get started now!
Do appliances or furniture come with a rent-to-own home?
Most of the time, furniture isn’t included with a lease/option purchase.
Generally, the basic appliances are there – like a refrigerator, stove, oven, and sometimes extras, like a dishwasher, a washer and a dryer. Parts of a property that are installed or attached – like the heating system and air conditioning – are definitely included.
Sometimes, we’ll offer a property that includes some furnishings. Most buyers want to bring their own stuff with them from their previous home, and that’s why furniture is sold separately.
There are many companies out there that provide a rent-to-own service for furniture or extra appliances, and you’ll get lots of choices on styles and types.
But be careful!
Even though rent-to-own real estate can be a great deal, some (not-so-honest) furniture companies will charge you huge amounts for a rent-to-own agreement. You might end up paying 2-3x more for these products than if you bought them outright.
Plus, those appliances will probably go down in value – unlike real estate, which usually goes up in value.
Of course, you want your money to be going to an asset (like your home) that will rise in value, not expensive interest payments on new furniture.
So don’t wait! Fill out the form at the bottom of this page to get started now.
What if I have bad credit? Can I still get a rent-to-own home?
Yes you can! Many people with bad credit can still get a rent-to-own home.
Every situation is different, but we specialize in helping people who have been through tough circumstances (or just made mistakes in the past) to repair their credit and get started on the path to a great financial future.
Even if your credit is bad, you can still own a property!
One of the major benefits of a rent-to-own scenario is that it gives you time to repair your credit before you purchase your home. You’ll enjoy many of the benefits of home ownership while you’re rebuilding your credit and saving money towards a down payment.
So fill out the form at the bottom of this page now and get your piece of the American dream!
What are the benefits of a rent to own home?
There are a lot of benefits of a rent to own agreement!
In our area, lots of smart people are using rent to own agreements as a way to get the home of their dreams without having to qualify for a bank loan right away.
In the past few years, banks have been very tight on their lending criteria. Most people who use a rent to own agreement want a few years to get ready to qualify.
Here are a few more reasons to use a rent-to-own agreement:
- Stop paying rent! Your monthly payments now go toward home ownership instead of your landlord’s pocket.
- Own without great credit. You can start feeling like a homeowner right away while saving up and improving your credit.
- Privacy. You’re not listed as the purchaser on any public records until the closing takes place, giving you years of privacy.
- Profit from home appreciation right away. Often, homes are worth more on the day of the purchase than the price that you’re paying! This can be huge money.
- Move in fast. Since you don’t have to wait for a mortgage, you can often move in right away – and get started living a new life in the home of your dreams!
So don’t wait! Get started now by filling out the form at the bottom of this page.
Is there a down payment on a rent to own home?
Yes. The down payment varies depending on the house. The down payment is the only criteria that we have to qualify someone for buying our rent to own homes.
We can help you to structure the perfect scenario to meet your needs. We’ll show you the rent-to-own calculators and formulas that we use when we prepare your agreement, and help you figure out what’s best for you.
So don’t wait! Get started now by filling out the form at the bottom of this page.
What are the requirements of a rent to own arrangement?
We know that every person, family and situation is different.
We do our best to help you uncover creative solutions to help you own the home of your dreams.
People with bad credit, no credit, limited cash available, and other financial situations have all been able to lease then purchase their perfect piece of real estate.
As stated above, the down payment is the only criteria that we have to qualify someone for buying our rent to own homes.
We love helping great folks to reach their dreams, so don’t be afraid – fill out the form below to get started!
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