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Rent-to-own or Lease Purchase Options

By
Real Estate Agent with HomeSmart Realty

Should you consider a rent-to-own option or Lease purchase?

 

 Rent-to-own options or Lease Purchase a can be beneficial. Consider the following benefits:

 Pathway to homeownership - Lease purchase or rent-to-own agreements offer a clear path to homeownership. This can be very helpful if one cannot obtain a traditional mortgage due to credit issues or lack of a down payment or if not sure about buying a home because of possible job or career changes.

Flexbility - Rent-to-own agreements often have more flexibility than traditional rental agreements, which allows tenants the ability to negotiate terms that suit their needs.

Time to Improve Credit Score - Rent-to own agreement provide tenants with an opportunity to improve their credit score over time; increasing their chances of securing a mortgage when the purchase option is exercised.

For more information, contact me to see how you can buy a property with a lease purchase or rent-to-own option.

 

Cliff Johnson

Home Smart

Real Estate Agent

(678)495-6050

www.stonemountaingeorgiahomes.com

Posted by

Cliff J , Real Estate Agent in Stone Mountain Georgia, Certified First Time Home Buyer

www.stonemountaingeorgiahomes.com  

(678)495-6050

Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Cliff Johnson  nice post now my two cents is if you interreacted with the community you might get more interaction and Google Juice and possibly even referrals but what do I know ENdre

Apr 16, 2024 10:51 PM
Cliff Johnson

I think you know alot but I hope this is the interaction that you mean, lol.  But if not please feel free to let me know. 

thanks 

Apr 18, 2024 07:32 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Apr 17, 2024 04:56 AM