Stop Renting Now

​How it Works

Our rent to own program is geared toward individuals or families that are currently renting and would like to own their own home.  The program takes 4-5 years to complete.  The steps involved are as follows:

Contact us for an application.  Once reviewed, we can schedule a meeting to review your financial details.  This includes, income, expenses, credit reviews, owned assets and future commitments.  Credit history including bankruptcy, proposals and divorce will not affect you.

The applicants should have funds available for the property purchase option payment (minimum $60,000.00+) and be employed with a combined income of over $120,000 per year.  These numbers are flexible, but should be close to what is listed. 
Credit history is not important at this time.  A credit repair program will be initiated     immediately.  We will pay the fees for the first meeting

with the credit repair specialist.  Future meetings will be paid for by the applicants.

Applicants will go and look at homes for sale, in their price range, with our licensed real estate agent.  Once the house is found, we determine a price that you will buy the house back from us in 3 - 5 years (usually an increase of 4%-5% per year of the purchase price per year is used). Upon approval and due diligence, we will buy the house and arrange your occupancy contract.  The applicants move in to the home and pay a determined amount each month.  A portion of that amount is allocated to the future down payment.   For example, $2000.00 per month will be the monthly payment and $300.00 of this will go toward the future down payment.

At the end of the 4 year term there will be enough funds set aside to account for a 5-10% down payment  of the agreed price.  The applicants will have repaired and improved their credit over the previous 3-5 years and if they have followed the guidelines of the credit repair specialist, they will qualify for a mortgage and close on the house.  During the term, the applicant must adhere to our maintenance and repair guidelines (up to $500.00 per incident), must maintain the entire property (roof, landscaping, HVAC, plumbing, snow removal etc.) and have insurance against fire, flood and disability.   We cover the cost of major repairs (over $500.00) to the property and add them to final sale price.  

The program only works if all parties co operate.  

We want to set you up for success but, you have to be 100% committed.

What's the Catch?

There is no catch, as long as the payments are made on time every month and the applicant stays with our credit repair program, everything will work as planned.  Any missed payments result in a default and the monthly credit is lost.  If the missed payments are consistent, the deal is void and the house will be retained and sold.  Option fees are non refundable so it is very important for applicants to be prepared and focused for this program.