• Low down payment to get into property. The smart, modern way to buy real estate!
• Qualification restrictions are not as great as in conventional financing.
• Past credit problems are not usually a road block, as they would be in the case of conventional financing procedures.
• The option consideration – down payment – is fully credited (one hundred percent) to the purchase price of the property.
• Your rent money is finally working for you, for a change . . . (no longer merely collecting rent receipts)! Part of your rent payment can be credited to the purchase price if paid on time.
• Purchase price is usually locked-in ahead of time (prior to close of escrow). That assures you of increased equity in the property when you buy it if appreciation has occurred.
• Appreciation is the name for any increase in value of a property over a period of time in those cases in which the fair market value goes up in the future.
• Gives you sufficient time to check out all the features (and faults) of the house.
• Time to check out the neighborhood: schools, churches, temples, synagogues, nearby shopping malls, health care facilities, recreational amenities, your next door neighbor (does he play loud music or run a power saw at 2:00 A.M.?) before you actually buy the house. Important!
• Puts you in legal control of a property for a specified period of time without having to actually own the property (and the responsibilities).
• Time to shop for and obtain the best financing.
• Leverage (using as little of your own money as possible to purchase a really nice house!)
• Opportunity to get into a choice residential property at the right time, for little money down.
• No taxes or insurance to pay . . . the owner does that.
• Major maintenance and repairs are the responsibility of the owner; you take care of nothing but minor maintenance
• Profits . . . in case appreciation occurs and you decide to sell in the future. The difference between what you paid and any increase in fair market value is all yours!
• It’s obvious that renting to own is much more advantageous than merely renting or immediately buying a house without, first, checking out the neighborhood and the various financing packages which may be available to you. Why rush yourself.

To learn more call our office (760) 227-4833