How Does A Lease With Purchase Home Agreement Work?
The rent-to-own process is actually pretty simple.
- Join our property list and tell us what type of home you’re looking for, your budget, etc (START with the form to the right)
- If you like a home and want to apply, we’ll give you an application to fill out. 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 have been approved, we will set an appointment for you to come look at the home with either us, or our Property Manager.
- If you like the home, and it fits your needs, and wish to proceed, we will meet again with all the necessary, legal paperwork, you bring to the meeting your option consideration payment, sign all the paperwork, and you move in.
How Long Are Rent To Own / Lease Option Terms?
Our typical term lengths are around 15 to 20 years. We do not ask you to get a mortgage! Unless you want to. You can apply for a mortgage and purchase your home through a traditional mortgage option, if you so choose. There is never any penalty. We figure that you work hard for your money. We want you to succeed in this journey of Home Ownership. As long as you make your payments ON TIME, each and every month, you will be successful and become a Home Owner.
