|
Rent To Own Home Prorgram Is Ideal
Solution For Home Buyers With Bad Credit
A rent to own home program is the ideal solution for home buyers who have been turned down because of bad credit. If you been turned down for a mortgage because of bad credit a rent to own home program provides the opportunity to improve your credit and become a home owner.
EASY TO QUALIFY – There is no bank qualifying when you rent to own. The focus is on your ability to pay the monthly lease payment, and your future potential for purchasing your home. If there are credit issues to overcome, this can be worked on, and corrected while you’re living in your new home. With some time, and help, most credit issues can be corrected.
Self-employed? This plan is a terrific alternative to traditional means of home ownership. You can take as little time as you need to close, or receive additional time as may be needed.
Single parents who are recently divorced find rent to own home program a great way to get back into the real market and establish credit in their own name.
EQUITY GROWTH – A rent to own home agreement states the purchase price the day you move in, and doesn’t change. Any increase in the value of your home is then yours at the time that you close on your loan.
LOWER RENTS – Typically, with a rent to own home, your monthly payments will be less than it would cost to own the same home. If you choose, these monthly savings can be put away, and used to increase your down payment at the time of your purchase. Rents start as low as $995 per month.
OCCUPANCY – Depending on your situation, you can occupy your new home just a few days after signing the rent to own home agreement. The date can be arranged around your current living situation as well.
LOW DOWN PAYMENT AND RENT CREDITS – A minimal down payment is required for rent to own home. Down payment assistance is available if needed. Your down payment, and a monthly rent credit, will be deducted from your purchase price when you close on your new home, reducing the amount of money needed at closing.
QUALITY OF HOMES – Most of the homes offered are under 5 years old, and are in excellent move in condition. Homes range from 1000 to over 3000 sq. ft
|