Home ownership can be easier than you think, but there are some things you need to understand. If you choose to be responsible and correct the problems that have prevented you from owning your own home in the past, we have a solution for you. Rent to Own is a program that gives you the opportunity to own your own home without qualifying for a Bank Mortgage until later. During the Rent to Own program you have the chance to build a record of your responsible rent payments. This record of responsibility is one of the things a Mortgage company or Bank is looking for before financing a home for you.
There are some requirements that you must meet before entering a Rent to Own or First Time Buyer agreement. One commitment you have to make is that you will always make your payments on time. If you can't make on time payments, you can't qualify for a mortgage. It is also advisable to only enter a Rent to Own or First Time Buyer agreement for a property that you intend to purchase in the future. Money that you pay for Option Consideration is non-refundable. Any down payment money in our First Time Buyer agreement is also non-refundable. While Rent to Own does not in any way obligate you to purchase the home, you should be serious about buying so you aren't wasting your money on an opportunity that you never intend to take advantage of.
Note: Our First Time Buyer program is a home purchase.