How Rent to Own can help you...

Rent-to-Own is a new approach to home ownership which provides home buyers the opportunity of home ownership without taking on debt. Rent-to-Own works just like a normal rental agreement however within the rental payment there is a percentage (normally between 20%-30%) which is put towards the price of the home.
 
Having trouble getting a home loan? Don’t worry, Rent-to-Own is not a loan, it is a plan to get you to own your home as soon as possible. If you are eligible to rent a home from a real estate agent then you would most probably be eligible to enter into a Rent-to-Own agreement with us.

The Rent-to-Own concept is ideally suited to home buyers who want to break free from the rental cycle and own their home.

Many renters prefer to purchase using Rent-to-Own agreement as it is an environment which is familiar to them which also includes the benefit of home ownership.

One of the main advantages of Rent-to-Own is that there is no obligation to purchase if the would-be buyer doesn’t want to. If this is the case, you can continue to stay in the house paying rent or you can choose to move elsewhere. The decision is entirely up to you.

For those who do wish to purchase, the property price is locked at the time of initial rental agreement. This enables home buyers to benefit from an increase in property values if they choose to purchase – another great incentive of Rent-to-Own home ownership.

Rent-to-Own enables buyers to purchase in an environment which also allows them to ‘try before they buy’. This concept is very similar to that of Radio Rentals - one of the companies that pioneered the home appliance ‘Rent, Try, Buy’ market.

Many first home buyers struggle getting their deposit together for their first home purchase. When home buyers choose to purchase using a Rent-to-Own agreement, there is no need for the traditional massive deposit. For some properties, the deposit can be as low as $7,000.

Like all purchases completed by first home owners, Rent-to-Own agreements will still be are eligible for the First Home Owners Grant. The amount of the Grant and the time it is paid depends upon the State in which you are purchasing. This is also dependent on upon how long you choose to trial your Rent-to-Own home.

We understand that most home buyers are not interested in long drawn-out contacts. Rent-to-Own enables home buyers to purchase in a time frame which is structured to their individual needs so contact one of our representatives today to see how Rent to Own can benefit you and your family….

Posted on Tuesday, February 26, 2008 by Paul

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