Residential Real Estate Investors
WE BUY & SELL HOMES ANYWHERE, ANYTIME, ANY SHAPE, ANY PRICE
You are able to afford a home and make the monthly payments, but you’ve still been turned down for a mortgage loan?
You’re not alone. Unfortunately, upwards of 80% of Americans today can’t qualify for a mortgage loan or any kind of home financing. If you’re one of those people, maybe you think you’ll be stuck renting for life… Who wants to be stuck renting a place where you have no control? Even worse, why have to move from rental to rental? Moving is not fun, and uprooting families is worse. Surprise rent hikes or having the landlord sell the house out from under you? Who wants to be stuck renting a place that you and your family can’t truly call your own?
If this sounds like you, then keep reading and watch the videos below to see if our Rent-to-Own Program is right for you.
Frequent Asked Questions about buying on our Rent-To-Own program
Can I Just Rent One Of Your Properties?
No, our properties are only available for rent to own. Our mission is to put deserving people on the path to the American dream of home ownership.
No, our properties are only available for rent to own. Our mission is to put deserving people on the path to the American dream of home ownership.
What Do I Need To Qualify For The Rent To Own Program?
The key elements are sufficient upfront money towards the purchase price, adequate income to support the property you are interested in, and in some cases, the commitment to address any issues with your credit profile over time. Let me be clear, a poor credit score does not disqualify you from our program, so please don’t hesitate to reach out to us to discuss your options.
Can I Still Rent To Own If I Don’t Qualify?
Unfortunately, no. Leading our buyers to home ownership is always our primary goal, so putting someone into our property who will not qualify by the end of their lease term is not something we can do in good conscience.
Are There Any Extra Commissions Or Fees To Pay?
There are no commission fees to pay, as we are not real estate agents. As previously explained in the prior video, a minimum of 3% upfront money is required that will be 100% credited towards the purchase price. Of course, the monthly lease payment, utilities, and expenses associated with the home are your responsibility, as is the case with all home ownership.
Do My Rental Payments Count Towards My House Payment?
In short, no. The monthly lease payment is for the use and occupancy of the property. You will be paying rent somewhere anyway, if you are on the rental hamster wheel. In this case, though, you will be locking in your purchase price, getting a clear roadmap to home ownership, and maximizing any increased equity, be it through time, home improvements, or both.
What Happens If I Don’t Qualify For My Mortgage Loan At The End Of My Lease?
We do a very thorough financial assessment that assures us this won’t happen. Of course, nothing in life is guaranteed, so in the event this does occur, and we are confident it your ability to secure a loan with a bit more time, we do our best to accommodate this extension.
What Happens If I Don’t Qualify For My Mortgage Loan At The End Of My Lease?
We do a very thorough financial assessment that assures us this won’t happen. Of course, nothing in life is guaranteed, so in the event this does occur, and we are confident it your ability to secure a loan with a bit more time, we will do our best to accommodate this extension.
How Long Is The Rent To Own Period?
The length of time necessary greatly depends on the results from our 3rd party financial assessment, potential credit counseling, etc., but generally, our terms run from 12 to 24 months.
Who Does The Rent To Own Program Work Best For?
We find our program works best for people who want to get off the hamster wheel of renting but don’t quite yet qualify for a home mortgage. It’s great for people who want or need a roadmap to the somewhat overwhelming and complicated venture of homeownership. It’s also great for people who could qualify for a mortgage today but would prefer to wait for better interest rates.
Who Does The Rent To Own Program Not Work For?
This program does not work for someone looking to just rent in hopes of someday owning. Home ownership requires a commitment of time and effort. We can assist with both of those issues, but the bulk of the work needs to be done by you.