Buyer Benefits

There are many benefits of doing a Rent To Own:

  • Your monthly rent credit works for you to reduce the price of the home. (Try asking your landlord to give you some of your rent back at the end of your lease!)
  • The rent credit outweighs a lack of tax deductions for mortgage interest and property taxes.
  • You don’t need 10-20% to move into a new house.  A small amount of up front cash is required – typically 3%.
  • You don’t need perfect credit. We understand that good people lose homes.  You may have a few bumps and bruises on your credit report.  And you know what?  That’s okay.
  • Move in today – buy tomorrow.  You can move into a very nice home quickly, and you don’t need to wait for a lengthy bank approval.
  • Our program gives you time to repair your credit.
  • We will report your rent to credit bureaus.
  • You don’t have to get your financing right away.  You have some time to shop around for the best rates and terms while you are living in the property. This will save you thousands of dollars alone.
  • The option price of the home is locked for the entire term of the lease.  You will get the benefits of any appreciation.
  • Try out the home before buying it.
  • You don’t have to pay any property taxes until you buy the property.
  • You get control of the home. You will be put in full legal control of the home for a specified period of time without actually having to own it.

In summary, you get…

  • Maximum leverage: You are spending very little money to control a potentially very expensive, and very profitable, piece of real estate.
  • Time: Before you actually buy the home, you will have 12-24 months (depending on your agreement) to repair your credit, find the best interest rates, investigate the home and research the neighborhood and/or schools.
  • Privacy: Your name will not be on the deed or in the public records until you exercise your option to buy.
  • Peace of mind: You will have full control of the home and can maintain or improve it however you wish.