Rent-To-Own Homes Bakersfield| Bakersfield Rent-To-Own Homes | Call 661-368-5255 || 93314

If you’re tired of renting, and you want to own a home in Bakersfield but your credit, lack of down payment, or income hold you back from qualifying for a normal back loan… a “rent to own”, often called “lease option” or “lease purchase” may be a great fit for you. We specialize in helping Bakersfield residents earn the satisfaction of being a home owner through our Bakersfield Rent To Own Home Program. Majestic Housing Solutions, LLC offers great rent-to-own houses and apartments in and around Bakersfield… in conjunction with our help to get your credit up so you can purchase the home in as short of a timeline as possible. Want to know when the best properties hit the market?
What Are The Types Of Rent To Own / Lease Option Houses In Bakersfield We Offer?
We acquire houses every month from homeowners who need to sell for one reason or another. Often times we remodel the homes to bring them up to date and up to insanely great shape for a new rent to own tenant / buyer like yourself to move into. The types of houses we tend to offer on our Bakersfield Rent To Own Home Program include…
• 2 bedroom – 4 bedroom homes
• 1,400 – 2,500 square feet
• Updated kitchens and bathrooms
• Often times many upgrades
Each rent to own house is different, so there’s definitely the perfect rent to own house out there for you
How Does A Rent To Own / Lease Option Work Anyway?
A rent-to-own (also known as a lease/option) agreement might be right for you! It’s easier than you think – and we can help. The rent to own process is really pretty straightforward.
Step 1: Submit your info on this website to create a FREE account and let us know the type of house you’re looking for.
Step 2: We’ll look at your situation, the type of property you’re looking for, and show you your rent-to-own options here in Bakersfield.
Step 3: View the local Bakersfield homes that fit what you’re looking for.
Plus, as we acquire new properties each month, as long as you’re on our Rent To Own / Lease Option List, you’ll get email alerts with the latest properties available.
How Does A Rent To Own Home Agreement Work?
The rent to own process is actually pretty simple.
1. Join our property list and tell us what type of home you’re looking for, your budget, etc(START with the form to the right)
2. We’ll send you local Bakersfield rent to own / lease option homes that fit your criteria.
3. If you like a home and want to apply, we’ll give you an application to fill out. Don’t worry – we help people with all kinds of credit and financial situations, and if you can afford the property, we can probably help you to own it.
4. After you’re approved to rent the property, we’ll agree on a monthly rent amount and the future purchase terms. Then just sign the documents and move on in!
5. Move in and pay your rent payments on-time… then at the end of the rental agreement you can decide if you want to purchase the home at the predetermined price or not.
THERE IS NO OBLIGATION to purchase the home after the rental agreement expires.
However if you do we’ll credit you a portion of your rent paid to help reduce your purchase price.
How Long Are Rent To Own / Lease Option Terms?
Your lease/option agreement (also known as the rent to own contract) will spell out the length of time that you have to complete the purchase of the property – typically 3 years, but in certain circumstances we may extend your option if you need more time to get your credit or downpayment up to the point where you can qualify for a bank loan.
The purchase of your home usually takes place through a traditional mortgage loan, but there are other ways to complete the purchase, depending on your finances.
That’s the process!
Once you’ve completed your mortgage, you’re done – now you own your home! I

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