Rent To Own Homes

Huge Backyard, 4 bedroom, 1 full bathroom, 1 half bathroom, new floors, attic, basment, rent to own or seller financing, no credit check & more… apply here: m

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Rent to Own Homes in Tampa Fl available now! Looking for houses for rent Tampa Fl? Let us help you find your dream home and rent to own. We can help you rent to own Tampa houses even if you have bad credit and little down payment. We have a huge selection of rent to own homes available in every price range.
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Ask about other rent to own homes from $1,250 and up.
Max Williams ABR SFR CDPE
Bargain Buyers Agent
United Real Estate
Chesterfield, VA Lic.
804.402.7788

http://rentownhomelistings.gq | Rent-to-own homes allow people to buy the home they are leasing and use the rent they have paid as a credit toward their mortgage down payment.

The specifics of the contract will differ, but the general idea is that the prospective tenant/buyer will sign a contract to rent the home with an option for them to purchase the house at the end of the lease. The time period where they can live in the house before a lease expires is often between 1-5 years, and when they buy the house, a portion of the rent payments during the lease goes toward putting down a down payment. Ideally, this takes a sizable chunk out of the purchase price.

Let’s say you’re living in the home for 3 years before deciding to purchase it. The purchase price is $300,000. Your monthly rent is $1,650, and $300 of that goes toward the down payment. By the time the lease expires and you’re prepared to purchase the house, you’ve already given a $10,800 down payment over three years. That’s nearly 4% of the original purchase price, knocking it down to $289,200.

How the purchase price of the house you’re renting to own can vary as well. Some contracts stipulate that the purchase price will stay what it was when the initial contract was signed, while others have it be the market value of the house at the time of purchase. Some contracts eschew each of these for a different method entirely, having the purchase price go up a certain percentage every year of the lease. Rent-to-owners can decide to buy the house any year of that lease.

There are generally two different types of rent-to-own deals: a lease-option agreement and a lease-purchase agreement.

What is a Lease-Option Agreement?
In a lease-option agreement, you will have to give a usually nonrefundable payment at the beginning of your lease term. This payment, known as option money, is a small percentage of the purchase price of the rent-to-own house. If the aforementioned $300,000 rent-to-own house had a contract stipulating 3% in option money, you would be required to pay $9,000 at the beginning of the contract.

Should you buy the house, that option money goes toward the purchase price of the house, which would now be $291,000. If, however, the lease expires and you decide not to go through with a purchase of the house, that money has been forfeited. You won’t get it back.

What is a Lease-Purchase Agreement?
A lease-purchase agreement does not involve any option money, but there is much more that it sets in stone. The date of purchase is established, as is when the purchase price will be established (aka, will it be the price it is at the signing of the contract or the price of a home appraisal at an established future date?).

In building a down payment with the aforementioned percentages of rent, that monthly payments may be higher than your average rent in the area.

The positives of rent-to-own are that it can try to help make the home buying process simpler and more convenient for people who, for a number of reasons, do not have the money to put a down payment down on a house right now.

In a sense, it can slow down the process in a beneficial way for the buyer. Someone with bad credit now not only has a place to live, but a timetable to try and get their credit to a more respectable level in time for the lease to end and a purchase to be made. Someone down on their luck with regards to jobs and illnesses has time to recover physically, mentally and financially without the stress of worrying about their living situation.

Negotiating your rent-to-own contract has potential for additional positives as well. You’re free to try and get the deal you want from the home before signing a contract. You can try to negotiate the purchase price, rent payments, and who is responsible for maintenance.

These are extremely important, especially if they go your way. Getting the house for current market price looks great if prices rise in the next few years, and having the landlord be responsible for major maintenance is a huge help for someone saving money for a down payment.

Doing proper research on a house that you can rent-to-own can help save you from being stuck with a house in desperate need of expensive repairs. A prepared prospective tenant has a better chance of finding a livable rent-to-own house.

Some individuals prefer the rent-to-own option because the burden is decreased for the tenant. The risk for the two parties will be divided when the contracts are balanced.

It gives people the ability to test out a home and the neighborhood before sinking in all their savings.

As the number of available homes in the market or a particular neighborhood can shrink and mortgage interest rates are rising, it is a good test run for many individuals, said Monica Webster, a managing director for William Raveis, a Shelton, Conn.-based real estate firm.

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Elliston Place Affordable House and Lot for Sale in Cavite via Daang Hari Extension

Perfect choice for local kababayan and OFW who are looking for a quality and affordable 3 bedroom house. Plus , location is accessible via Daang Hari Extension.

Mia House Model is a 2-storey Townhouse model of Elliston Place, an exclusive flood-free residential community that offers modern inspired theme of townhouses conveniently located along Open Canal General Trias, Cavite.

Mia has 3 bedrooms, 2 toilet & bath, 1- car garage, Steel Gate and service area in a 54.35 sqm floor area.

Mia at Elliston Place has perfect location being so close to best schools, Ayala The District Imus, All Home (One-stop shop for your home), Evia Lifestyle Center @ Vista City while Alabang business and shopping center and Laguna is just few minute drive thru the newly launched South Superhighway access.

Project: ELLISTON PLACE
Location : Navarro Road Gen Trias Cavite
Type: 2-Storey Townhouse
Specs: 3 Bedrooms with 2 Toilet & Bath
Model: Mia
Lot Area: 48.00 Sq. m.
Floor Area: 54.35 Sq. m.
Total Improved Area: 77.80 Sq. m.

The Finishes

• Vinyl Flooring for bedrooms
• Painted interior and exterior walls
• Elegant ceramic tiles for bathroomsLiving, Dining, and kitchen with floor tiles
• Granite kitchen counter top
• Steel front and back door The Homes
• Spacious 2 Level Homes
• Three-bedrooms
• Two toilet-&-baths
• Carport & Pocket Garden
• Individual gate and perimeter fence

Turnover Unit:

Valencia Metal Roof tiles by: Steeltech, C-purlins roof framing
12 mm thick Gypsum board G.I framing for Interior Ceiling
4.5 mm Ficem board on G.I. framing for Partition walls
Three Coated Dutchboy Paint Finish
Powder Coated white finish Aluminum sliding windows
Aluminum Awning type windows (frosted glass) for T&B
Metaldoor with lockset & dead lock for Main & Service Entry
Moulded Doors for Bedroom
Cycamore Ivory Mariwasa Ceramic Tiles (G/F)
Country Oak Kent Vinyl Tiles (2/F)
Tiled Kitchen Counter with Stainless Sink
Steel Railing and Thread with Wooden Steps for Stairs

Call:
Filprimehomes
PRC Real Estate Broker License #0020499
Cell Nos:
Sun/Viber/IMO/Chikka/WhatsApp +63932-860-8685
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Landline: Pldt (042) 418-4873
Website: filprimehomes.com
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Visit today for more information on Douglasville property management. See our available listings! Click on now! You can also call us or visit our office at:

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1308 Crane Ct.
McDonough, GA 30252
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This walkthrough tour of 10 Brookridge Ct, Douglasville, GA 30134 is brought to you by the leader in #Douglasvillepropertymanagement — #GotOurHome! This 6-bedroom, 3-bathroom home in the Brookridge Subdivision is one of our Douglasville, GA homes for rent-to-own. It features: gorgeous hardwood floors, brand new frieze carpet all throughout and brand new amazing tile floors. The massive living room area has a hanging ceiling fan and light combo and a gas-burning fireplace. The very open kitchen comes with black appliances, large countertops, plenty of cabinets and a pantry. The master bedroom’s ensuite has a 2-sink vanity and all the bedrooms have large walk-in closets. The extra kitchen with a breakfast area comes with beautiful cabinets and countertops, white appliances and brand new refrigerator. Also, there is a bonus room/extra living room and the 2-car garage has brand new epoxy paint.

Think our Douglasville, GA homes for rent-to-own best suit your needs? Click on and call our professional Douglasville property managers today! See our other available properties here: Know someone who might be interested in our #HousesforRenttoOwninDouglasvilleGA instead? ‘Like’ and share this video with them and help a friend or a family get their dream home!

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LOCATION: Brgy.Timalan, Naic Cavite
DEVELOPER: Peakland

NEARBY ESTABLISHMENTS

Malls and Resorts:
Robinsons Place General Trias
Pure Gold Tanza
Naic Public Market
Tanza Oasis

Schools:
Capipisa Elementary School
Amaya school of Industries
PNTC Collage Tanza
and Cavite State University Naic

Hospitals:
Medicare Medical Center
San Lorenzo Hospital
________________________________________

HOUSE FEATURES

Lot Area: 36 sqm.
FloorArea: 42 sqm.

• Provision for 2 Bedrooms
• 1 Toilet & Bath
• Dining Area
• Living Area
• Service Area
• Front loan
________________________________________

AMENITIES:

• Entrance Gate with Guardhouse
• Multi-Purpose Hall
• Parks and Playground
• Basketball Court
• Centralized Water Supply
• Concrete Roads, Curbs and Gutters
• Underground Drainage System
________________________________________

SAMPLE COMPUTATIONS:

INNER UNIT

Total Contract Price: Php 840,000
​Reservation Fee: Php 5,000
Discount: Php 45,000
Downpayment: NONE
Move-in Fee: Php 2,800
Loanable Amt.: Php 790,000

Estimated Monthly Amortization
PAGIBIG Financing @ 30 years: Php 5,713.05

Required Income: Php 16,323
________________________________________

Requirements: (You may bring during Site visit)

– One (1) Month Payslip
– Two (2) Valid ID
– Proof of billing (Meralco bill, Water Bill, Etc.)

_______________________________________

“STOP RENTING AND START OWNING!”

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