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Rent to Own Homes
Your path to Home Ownership!
Rent to Own Home – Basics
• Why rent to own?
• If you have credit issues, rent to own can give you the opportunity to get
into a home and have the necessary time to work on your credit.
• If you don’t have enough money for down payment for a traditional
purchase, a rent to own can give you time to save up money for a down
payment and even apply monthly payment toward your down payment.
• Or both!
Rent to Own Home – Basics
• What is a Rent to Own
• Simply stated, a Rent to Own Home gives the renter an opportunity to
purchase the home at the end of the rental agreement, typically 1 to 2
years. All the terms of the purchase are negotiated at the on-set of the
rental agreement.
Rent to Own Program – How it Works
• The first step in the process is completing a rent to own application
to determine if you meet the minimum requirements. Consideration
will be given to things like:
1. Do you have the required minimum down payment?
2. What is your current credit situation?
3. Are you commitment to completing the necessary steps to assure
you can get financed in the agreed to time frame?
Rent to Own Program – How it Works
• If your decision to purchase a home through a rent to own program
is due to credit challenges, you will be required to enroll in our
credit education and restoration program provide through United
Credit Education Services.
• This step is mandatory and will provide you with the best
opportunity to meet the minimum credit score required to obtain a
mortgage for the purchase of the home within the negotiated time
frame.
Rent to Own Program – How it Works
• Once you have enrolled in the credit education and restoration
program you will be put in contact with a RE agent, private seller or
investor to help you find a property that meets your specific
requirements, such as:
• Affordability
• Location
• Type of home
Rent to Own Program – How it Works
• When you find a home that meets your requirements, negotiations
will begin for the rental agreement and all specific details regarding
the purchase the home in the agreed to time frame.
• It is best that you work with a real estate professional or real estate
attorney to make sure that you full protected and understand all the
terms of the agreement.
Rent to Own Program – How it Works
• After all the necessary requirements are meet per the rental
agreement and purchase agreement, you are then ready to move
into your new home!
Rent to Own Program – How it Works
• Once you are in your new home we will continue to work with you
on maximizing your credit score so that you meet the minimum
credit score requirement and obtain financing at the end of the
agreement so you can FINALLY achieve your dream of home
ownership!
Rent to Own Program
For more information on how you can rent to own your own home
and finally achieve your dream of home ownership visit:
www.renttoownyourhomekansascity.com

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Rent to Own Your Home Kansas City

  • 1. Rent to Own Homes Your path to Home Ownership!
  • 2. Rent to Own Home – Basics • Why rent to own? • If you have credit issues, rent to own can give you the opportunity to get into a home and have the necessary time to work on your credit. • If you don’t have enough money for down payment for a traditional purchase, a rent to own can give you time to save up money for a down payment and even apply monthly payment toward your down payment. • Or both!
  • 3. Rent to Own Home – Basics • What is a Rent to Own • Simply stated, a Rent to Own Home gives the renter an opportunity to purchase the home at the end of the rental agreement, typically 1 to 2 years. All the terms of the purchase are negotiated at the on-set of the rental agreement.
  • 4. Rent to Own Program – How it Works • The first step in the process is completing a rent to own application to determine if you meet the minimum requirements. Consideration will be given to things like: 1. Do you have the required minimum down payment? 2. What is your current credit situation? 3. Are you commitment to completing the necessary steps to assure you can get financed in the agreed to time frame?
  • 5. Rent to Own Program – How it Works • If your decision to purchase a home through a rent to own program is due to credit challenges, you will be required to enroll in our credit education and restoration program provide through United Credit Education Services. • This step is mandatory and will provide you with the best opportunity to meet the minimum credit score required to obtain a mortgage for the purchase of the home within the negotiated time frame.
  • 6. Rent to Own Program – How it Works • Once you have enrolled in the credit education and restoration program you will be put in contact with a RE agent, private seller or investor to help you find a property that meets your specific requirements, such as: • Affordability • Location • Type of home
  • 7. Rent to Own Program – How it Works • When you find a home that meets your requirements, negotiations will begin for the rental agreement and all specific details regarding the purchase the home in the agreed to time frame. • It is best that you work with a real estate professional or real estate attorney to make sure that you full protected and understand all the terms of the agreement.
  • 8. Rent to Own Program – How it Works • After all the necessary requirements are meet per the rental agreement and purchase agreement, you are then ready to move into your new home!
  • 9. Rent to Own Program – How it Works • Once you are in your new home we will continue to work with you on maximizing your credit score so that you meet the minimum credit score requirement and obtain financing at the end of the agreement so you can FINALLY achieve your dream of home ownership!
  • 10. Rent to Own Program For more information on how you can rent to own your own home and finally achieve your dream of home ownership visit: www.renttoownyourhomekansascity.com