How Does a Lease With Purchase Home Agreement Work?

The rent-to-own process is straightforward and accessible.

  1. Join our property list and share details about your ideal home, budget, and preferences (START with the form to the right)
  2. We’ll send you local [market_city] rent-to-own / lease option properties that match your criteria.
  3. If a property interests you and you’d like to apply, we’ll provide a simple application. Don’t worry – we work with people across all credit and financial situations, and if you can afford the property, we can likely help you achieve homeownership.
  4. Once you’re approved to rent the property, we’ll establish a monthly rent amount and future purchase terms.  Then simply sign the documents and move in!
  5. Move in and make your rent payments on time…then when the rental agreement concludes, you can choose whether to purchase the home or not.

THERE IS NO OBLIGATION to purchase the home when the rental agreement expires.

smiling [company] clients after a cash home sale
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Contact us today!

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How Long Are Rent To Own / Lease Option Terms?

Your lease/option agreement (also known as the rent-to-own contract) will outline the timeframe you have to complete the property purchase – typically 3 years, though in certain circumstances, we may extend your option if you need additional time to improve your credit or build your downpayment to qualify for a bank loan.

The purchase of your home typically occurs through a traditional mortgage loan, though other financing options are available depending on your financial situation.

That’s the complete process!

Once you’ve finalized your mortgage, you’re done – congratulations, you now own your home!

[company] buys older homes that need repairs like this boarded up house

First step – sign up to discover excellent properties around [market_city] by completing the form!

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