Rent to Own Homes

Why Rent, When you can get Rent to Own Houses?

Rent to Own Houses and Lease Option Homes are a terrific alternative for people who would like to buy a home now, but may need some time to build their credit, or raise a down payment.

rent to own houses

 

OwnOurHome.com specializes in Rent to Own houses that you can buy on a Lease Option, Rent to Own, or even Owner Financing.

So what does buying a house on rent to own or a lease purchase entail? The process is simple and uses two documents: A standard rental agreement, and an Option.

  • The rental agreement outlines the terms of rental including monthly payment and length.
  • The "option" agreement gives you the right to purchase the home within a certain period of time, at a certain price.

While a typical bank requires 10-20% down payment, buying a Rent to own homes only requires 3-5% option fee for the right to purchase the property. The great part is that all of money gets applied to the purchase price when you buy.

In addition, some sellers may give monthly rent credits, or offer a matching program.You live in the home while building equity, and have time to fix credit issues!

Most people think they can’t own their own home. Maybe you can relate to the following situations:

• You want to “Try out” a neighborhood
• Need to move fast, without waiting for a bank
• You are Self Employed
• Bad or no credit
• Recent Bankruptcy or Foreclosure

Whatever your situation is, we can help.

New homes are added daily, so if you don’t see what you’re looking for today be sure to check back often.