Tenant-Buyer Information Center
Our Rent 2 Buy Program provides Tenant-Buyers the opportunity to rent a home with the right to buy in the future. As you will see this opportunity can be of great benefit and flexibility.
Why Rent 2 Buy?
There are many reasons for renting to buy as opposed to purchasing out right that may include
desire to try out a home and/ or location before completing the purchase
time needed to strengthen the ability to obtain financing
uncertainty in future job and/ or location changes, uncertainty in future home needs, size, perhaps due to family growth
A way to obtain your forever home now and work on the financing later
There are many obvious reasons to rent 2 buy instead of plain old renting which include
future purchase credits
instant access to the home you plan to purchase later
the time you need to better prepare for purchase
Rent2buyproperties.com Special Features
Tenant-Buyers can move to another program home at the end of the term if they decide not to buy the one they are in.
The credits and deposit monies that have been earned can be applied toward the purchase of any of our future inventory of homes.
This allows Tenant-Buyers to upgrade, downgrade, move across town and even eliminates the need to ever rent again!
How it works
Choose a home you like from our current inventory of listings.
Call or submit a form for the lock-box combinations and viewing instructions to be emailed to you so you can go view the properties.
Call or email your preferred Account Executive (or the one mentioned in the listing) to obtain pricing on any of the properties.
Make an appointment with your Account Executive of choice to enter your offer.
Prepare and present the earnest money deposit required. Usually $1,000 or up to the same as a month’s payment will be fine to go in with paperwork
Your Account Executive will explain many flexible options for you to select from to make your offer and will prepare your paperwork.
You will sign the papers, fill out the application and your offer will be entered.
Once you have been awarded the property you will obtain possession as mentioned in your offer.
With your good performance you will earn credit to be used toward purchase (down payment and/or closing costs as allowed by your lender).
During the last half of the term you may complete the purchase of the property. If you are ready sooner, let us know and we will try to gain early approval.
At time of purchase you will go to a standard closing administered by the title company of your choice. We are also pleased to make recommendations for both preferred lenders and title companies to work with.