Do you need time to build your credit?
Is it difficult to save enough cash for a down payment and closing costs?
With our Rent-to-Own Option there is never any obligation to purchase the home. We do not require a lump sum up front like most Lease Purchase or Lease Option deals. Instead, we offer an incentive if you ever choose to purchase the home in the future.
We will offer you a 50% rent credit for all on-time lease payments for the first year that you rent the home. This credit can be used towards the down payment or towards the closing costs.
Here is an example with a ficticious home:
Your lease payment are $1,200/month.
Your security deposit was $1,150.
If all of your 1st years lease payments were on time, you would have a rent credit of 50% of ($1,200x12months) which is $7,200. You would also be refunded your security deposit at closing ($1,150). This would give you a total of $8,350 to use as a down payment or to pay for closing costs at closing.
There is never any obligation to purchase the home. You may just rent the home if you prefer.