What Does Rent To Own Mean?

With a few exceptions; very few of our homes are pure rentals.  Most are For Sale or Rent-To-Own. Providing you time to work on your credit while you live in the home without having to deal with banks or qualifying for loans before you move in.


All the above terms basically mean the same thing. It means you are entering into an agreement to rent or lease your new home with the option to buy it at a later date with cash or your own loan. You do not have to buy the home (as no one can force you) but you do have the exclusive right to buy it at the agreed price during the option period according to the agreement! Most buyers enter into this kind of agreement so they can get into the home they eventually want to buy without having to deal with banks or qualifying up front. It gives them time to build or clean up their credit while renting the home they eventually want to buy.



You can move into your home now, even if you have bad credit or problems that would keep you from getting a loan at this time! Once you are in your home, we work with you to improve your credit over time so you can eventually qualify for a loan for the home you have been living in. You don't miss out on the home you want because your credit wasn't good when you found it!


This Option Fee is paid for the exclusive right to purchase the home during the option to buy period. The entire (100%) option fee is credited towards the purchase price of the home when you do buy it.

Depending on the home and circumstances 5% to 10% of the purchase price of the home is what we typically receive, but in some cases, we can work with less. Tell us how much you can put towards the Option Fee now and if you can put more down on a monthly basis and we’ll see if we can work something out! The more you can put towards this option fee the better! It puts you higher up on the list of people who want that particular home as we do compile a list and pick the best potential buyer. We will work with you to help you get into a home!

In this day and age many good people just cannot qualify for a loan especially with the banks changing the rules about how much you must put down (sometimes 20% or more) and raising the standards of your credit history. Some people may not have any credit history as in the case with first time buyers or those who are self-employed. Bad or low credit sometimes comes from having a recent divorce, medical bills, hard times, self-employed, bankruptcy or even just a few financial problems which can keep them from qualifying; or if they can qualify it puts them in a higher interest rate bracket with the bank loan. Some of our Buyers just have their money tied up in a business or other areas or investments and can’t use it to qualify for a loan. And some just don’t have their credit built up enough! By renting to own a property and keeping your payments current and on time; you are building a good credit history. It can show the banks that you are a better risk because you already have a history of living in the house you are interested in buying with their loan.

We will work with you to help you get into a home! If you have something of value to trade, we will also consider that for part or all of the Option Fee! (i.e. House, Vacant Land, Car, Jewelry or ?? Tell us what you have).