Find Rent To Own Homes in Aurora, IL

Interested in Rent To Own in Aurora, IL?  Not sure where to start?  We can help.

Nextage Realty Solutions in Aurora, IL has partnered with Restart Real Estate Group to create a rent to own program that turns many homes into rent to own homes.  Rent to own (also known as lease-purchase) works much like a car lease.  A buyer enters into an agreement to lease the property for a set period of time.  At the end of that period (typically 2-3 years or less) the buyer finalizes the purchase by obtaining a mortgage on the home and completes the rent to own sale.

The advantage to a buyer is that they are able to enter the path to homeownership sooner by securing a property at current market value.  Buyers also get to build equity through the down payment and monthly payment plus any equity gained by price appreciation.  Rent to own buyers also save money by locking in a long term monthly payment and avoid moving again when the purchase is completed.

Features of the rent to own program include :
    1) No minimum credit scores.  Foreclosure, short sale and bankruptcy does not prevent you from entering the rent to own program.  Credit repair programs will be required for some buyers.
    2) Wide range of homes to choose from.  Foreclosed and short sales work best.
    3) Down payment of $7,000 to $10,000 plus monthly credit to principal added to buyer equity in property.
   
Nextage Realty Solutions focuses on working with buyers and sellers in Aurora, Naperville, Plainfield, Oswego, North Aurora, Batavia, Geneva, St. Charles, Elgin Warrenville, Lisle, Bolingbrook, Romeoville, Joliet, Shorewood, Minooka and Channahon as well as other cities in the far West and Southwest Chicago Suburbs.  

Click Rent to Own Homes to get register to receive an application.  

Stephen Roake                                    Angelica Sullivan
Managing Broker                                 Broker Associate
stever@nextagerealtysolutions.com      asullivan@nextagerealty.com

Nextage Realty Solutions               
630-423-5890
www.nextagerealtysolutions.com
www.joinrealtysolutions.com

Prequalification required, not all rent to own applicants will be accepted.  Contact agent for details.