Rent To Own
Rent To Own
What is a Rent to Own purchase and How it works?
Example: Purchase Price 84,900
Down payment 1,900 (which is deducted from the sales price)
Monthly payment 675.00
Rick and his team make copies of all your on time monthly payments and after a twelve month period you take your good payment history to your mortgage broker or Bank. You are now in a position to ask the bank for a refinance loan instead of an original purchase. The tenant/buyer really benefits from this position because the restrictions are less on refinance vs. purchase.
Just look @ some more benefits:
Rick and his team take a portion of your down and purchase a one year Home Warranty,so that your mind and efforts are on your new home and not focused on replacing the HVAC. Also Rick pays your taxes and insurance for this one year, so this really is a true WIN/WIN situation.
For more information, please feel free to contact me. I may be reached by phone, or just fill out the form below and I will get back to you shortly. Thanks!
