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Lease options and rent-to-own homes: Move in now, buy later In exchange for allowing you to purchase a home in the future at today’s prices, the seller usually requires a substantial option fee.
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· Affordable Rent-to-Own also offers home staging and will work with the homeowner or real estate agent. Credit check requirements: No traditional credit check, customers must fill out an application online or in the store; Payment options: Affordable Rent-to-Own offers flexible payment plans that coincide with customers’ paychecks. They also offer six months same as cash and cash.
Under your Lease, you can: (a) make 52 weekly payments or exercise an Early Purchase Option to acquire Ownership of the rented goods or (b) rent the goods for at least the initial term and then end the lease when you want by making all required payments and returning the goods.
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HousingList provides buyers with a full database of rent-to-own, HUD Homes, and Foreclosure real estate in their area. Visit our library to learn more about what a rent-to-own home is, how to rent-to-own, and other common questions buyers have asked over the years.