The Real Deal on Real Estate Blog

If your property needs to be brought up to code, you may have experienced that it is much harder to sell in this market. Sometimes it can even be impossible to find a buyer, because lenders will not approve a loan on a property that needs excessive repairs or is deemed unsafe by the city.

Buying a house using a Lease Option Agreement (also referred to as Rent with an Option to Buy, and in some cases, Rent to Own) is a great way to ease your way into home ownership and repair your credit at the same time. 

Let's face it: Life Happens.

What questions are important to ask yourself before renting to own? We can answer that for you.

When I ask renters why they don't own a home, I hear the same excuses over and over again:

"I don't see the benefit"... "It's too expensive"... "Renting is cheaper"... "[Insert your excuse here]"

This is fear talking.

Cash-on-cash return is, arguably, one of the most important numbers to calculate prior to buying a rental property. Actually, scratch that. It's one of the most important percentages to know prior to closing on any type of deal. So if you ask me, "Is it important to know the cash-on-cash return on rental homes?" guess what my answer will be. HECK YES!

Like all great agreements, renting to own is beneficial to both the seller and the buyer. But, let’s take a look at the advantages for you as the buyer.

While credit repair does take time, there are a few actions you can take right now to improve your score.

Every day we meet people who are tired of renting. They recognize the benefits of owning a home, but are scared to commit. What if you could take a home for a test drive? Do just that by becoming a tenant buyer with a rent-to-own agreement.