Rent to Own Homes Tampa – Tampa Bay Rent to Own Homes

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Rent to Own Homes Tampa – Tampa Bay Rent to Own Homes

 

Rent to own homes also known as lease purchase or lease option homes are an excellent alternative for people who want to own their own home but are not quite ready do to credit issues or not enough money for a down payment.  The way a rent to own home works is you have a standard rental lease which allows you to live in the home and then you have a seperate “Option” agreement which gives you the right to purchase the home at or before the lease is up.

Rent to Own Homes Tampa – Tampa Bay Rent to Own Homes

There are several advantages of buying a house on a rent to own agreement, they are:

  • No bank qualifying to get started, as long as you have a job and can afford the payments and can make the down payment, most are approved.
  • Your down payment and a portion of the rent that you pay each month is credited towards the purchase price of the house.
  • Usually only a 2-4% down payment is needed (sometimes more)
  • You get a chance to “try out the house” before you buy
  • If you have credit issues, this gives you the opportunity to repair or build your credit while you are building equity and living in the house and we can assist with that.

Advantages to Homeowners

  • You can receive an excellent sales price on your home without paying a real estate commission.
  • The tenants will take care of all day to day maintenance on the property = No tenant hassles.
  • Keep the tax benefits of owning a property = More money in your pocket.
  • Have somebody in your property with an owner mentality and not a renter.
  • Reduce or eliminate your negative cash flow.
  • Experience positive financial and emotional benefits of getting your property handled.
  • Get fast results
  • Pay no hidden fees.

Whether you are a tenant/buyer or Homeowner, feel free to contact me for more info.  Tenant/Buyers click here to get on my list to receive updates of new homes as they are received.

www.EZFinanceHomesFlorida.com
www.DaveOverholser.com

Rent to Own Homes Tampa – Tampa Bay Rent to Own Homes

Dave Overholser - Tampa Bay Realtor

Dave Overholser - Tampa Bay Realtor

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