Terms used in a Rent-to-Own agreement
What are the terms used in a Rent-to-Own Agreement? A Rent-to-Own Agreement, also known as Lease-to-Own, is a written document between two parties, Us who owns the property and the tenant or potential buyer. The agreement details the arrangement between the parties to lease the property, while also granting the tenant the option to purchase the property at the end of the lease term. Here are some Details that is included in a rent to own agreement: Seller/Us: The name and address of the party who owns the property. Tenant/Buyer: The name and address of the party who is leasing the property and obtaining the option to purchase. Property: The…
Paperwork checklist for a Rent To Own Home
Paperwork checklist for a Rent to own home Paperwork needed to qualify for a Rent To Own Home Thank you for wanting to apply for our Rent To Own Home. Here at Home Buyers Inventory, we have a Paperwork checklist to help you track the paperwork you will want to turn in to move into your new home with us. The paperwork is very simple. It is the same type of paperwork you would need for any rental you were applying for. The paperwork is important and will need to be submitted for each person over the age of 18, who will be living in the home in order to…
Benefits of Rent to Own Program
Benefits of Rent to Own Program For those who cannot buy a home through traditional banking mortgages instantly, rent to own program is a viable option to home ownership. The rent to own method brings the dream of home ownership to people who may have otherwise thought it was impossible. Here in Home Buyers Inventory we Move You Toward Home Ownership Regardless of Credit Score for those with less than perfect credit, rent to own houses are the way to go. Here in Home Buyers Inventory, we offer options for you despite your bad credit score. We offer homes for individuals who are having a hard time securing a loan to…