Frequently Asked Questions

General questions about our company, service, and properties we offer on this website:

• What does Rent to Own actually mean?
• What is the Rent to Own process?
• Do appliances or furniture come with a rent-to-own home?
• What if I have bad credit? Can I still get a rent-to-own home?
• Is there a down payment on a rent to own home?
• What are the benefits of a rent to own home?
• What are the requirements of a rent to own arrangement?

What does Rent to Own actually mean?

In most cases, a rent to own agreement is a contract on a property that works like a lease and leads to a purchase. It’s often called a lease with an option – or a lease/option agreement for short.

The lease portion is a standard rental agreement that includes monthly rent, security deposit, and other typical terms.

The option in the contract gives you the right to purchase the property within a set time period – usually around 3 years. This gives you the ability to save money towards a mortgage deposit, repair credit, increase your income, or otherwise improve your ability to qualify for a mortgage.

Most of the time people use a traditional mortgage to purchase the property prior to the expiration of the option period, but there are other options if your financial situation has unique needs.

Our aim is to help people to purchase their 1st home and get on the property ladder.

Fill in the form below to get started on your way to home ownership!

What is the Rent to Own process?

The rent to own process is actually pretty simple.

Once you’ve seen one of our properties, we’ll give you an application to fill out. Don’t worry – we work with people with all kinds of credit and financial situations, and if you can afford the property, we will try to help you own it.

After you’re approved to rent the property, just sign the lease, pay your security deposit and rent – then move on in!

Your lease/option agreement (also known as the rent to own contract) will spell out the length of time that you have to complete the purchase of the property – typically 3 years, but in certain circumstances we may extend the time period if you need more time. The purchase of your home usually takes place through a traditional mortgage.

That’s the process!

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

First step – sign up to find great properties around your area just by filling in the form.

You’ll get immediate access to great rent-to-own homes, plus a whole lot more.

Sign up and get started now!

Do appliances or furniture come with a rent-to-own home?

Most of the time, furniture isn’t included with a lease/option purchase.

Sometimes, there may be a property that includes some furnishings. Most people usually have their own stuff with them from their previous home, and that’s why furniture is not usually included.

There are companies out there that provide a rent-to-own service for furniture or extra appliances, and you’ll get lots of choices on styles and types.

But be careful!

Even though rent-to-own property can be a great deal, some furniture companies charge huge amounts for a rent-to-own agreement. You might end up paying 2-3x more for these products than if you bought them outright.

Plus, those appliances will probably go down in value – unlike properties, which usually go up in value over the long term.

Of course, you want your money to be going to an asset (like your home) that will rise in value, not expensive interest payments on new furniture.

So don’t wait! Fill in the form at the bottom of this page to get started now.

What if I have bad credit? Can I still get a rent-to-own home?

Yes you can! People with bad credit can still get into a rent-to-own home. It’s then up to you to get your finances in order so you can get a mortgage on the property.

Every situation is different, but the idea is to help people who may have been through difficult circumstances (or just made some mistakes in the past) to repair their credit and get started on the path to a better financial future.

Even if your credit is not great, you can still own a property! You may just need some time to get things in order.

One of the major benefits of rent-to-own is that it gives you time to repair your credit before you purchase your home. You’ll enjoy many of the benefits of home ownership, as if you owned it, while you’re rebuilding your credit and/or saving money towards purchasing the home.

So fill in the form at the bottom of this page now and realise your dream of owning a home!

What are the benefits of a rent to own home?

There are a lot of benefits of a rent to own agreement!

Banks have been tightening their lending criteria. Most people who look for a rent to own agreement want a few years to get ready to get their finances in better shape.

Here are a few more reasons to use a rent-to-own agreement:

• Try before you buy! You get to live in your rented home before you actually purchase it, allowing you to make sure it’s actually your dream home. If you don’t like the house, you don’t have to complete the purchase.
• Move in without great credit or a big deposit saved. You can start feeling like a homeowner right away while saving up and improving your credit.
• Move in fast. Since you don’t have to wait for a mortgage, you can often move in right away – and get started living a new life in the home of your dreams!

So don’t wait! Get started now by filling out the form at the bottom of this page.

What are the requirements of a rent to own arrangement?

We know that every person/ family has a unique situation.

We do our best to help you own the home of your dreams.

Once you’ve had a chance to check out the property, you’ll fill out a rental application that will include detailed information on everyone living in the home.

We’ll conduct a credit check and verify the income(s) for everyone over 18 who is living in your household to confirm that you’ll be able to make your monthly payment.

We’ll speak with your references and previous landlords, because relationships matter to us more than just scores assigned by a computer.

We want to help people reach their dreams, so don’t be afraid – fill out the form below to get started!