Rent to Own Homes
We realize there are good borrowers out there whose income qualify them for a home but are unable to obtain traditional financing due to past credit issues. Home prices are at the lowest they have been in many years. We do not want you to be left out of this tremendous buyers market. For our clients that are in this situation, we offer alternative options that will get you into a home and into the market now. We have the ability to get you into a home on a lease option or ‘rent to own’ arrangement. There are many advantages to getting into a home on a lease option or rent to own:
*Small Amount of Up-Front Cash Required
The amount of up-front cash required to acquire a home or other property
on a lease-option is usually small, often just a few thousand dollars
which will go towards your purchase price.
*Equity Share
If you decide to purchase the property at the conclusion of the 12 month
period, in some cases, you will receive a percentage of equity built in the property during that time period.
*Try Out the Property Before Buying
Another special lease-option or rent to own benefit for the tenant is the ability to try out the property before buying. If it is undesirable, the tenant hasn’t tied up a large amount of cash in a home that might be difficult to resell.
*Control Property With Very Little Cash
The ability to control a property and profit from its market value appreciation with very little cash is called leverage. Lease-option buyers have this unique advantage.
We have many properties to choose from. Call or e-mail today for more information regarding lease option or rent to own homes and we will be glad to assist you!
Matthew Garnes - 702.526.3133 - 866.427.6375 - mgarnes@garnesmortgage.com
