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Home » Residential Real Estate » Clearwater Residential Division » Rent to Own

Rent to Own

rent to own

Rent-to-Own is an alternative to those who are dreaming of owning their home, but due to the situation they are in right now, cannot qualify for a traditional financing. Please note, this option might not work for everyone, or be the best choice in many circumstances, but definitely it is beneficial for:

Sellers – those that are unable to sell their property for some time and can afford to hold off for 1-5 years to finalize the sale of their property; and

Buyers – those who are tired of just renting while dreaming of owning their home, but due to the situation they are in right now, cannot qualify for a traditional financing and need time to come to the position to be; and

Investors – those who are looking to invest into thecash-flow properties, but are not willing to spend a lot of money on property management fees.

Are you dreaming of owning your own home, but stand no chance because of your current situation? The American Dream has become unreachable to so many families, but there is hope!or
Are you renting with no hopes of owning your own home? Are you tired of having to move every so often, because of the owner’s decision to sell the home you’re renting? or
Are you a homeowner that has been trying to sell your property for some time with no prospective buyers in sight? Maybe you need to look at another option…
The Process
Rent-to-Own is an agreement for the tenant to exercise the right to purchase the property at a predetermined price after a specific renting period. Most of the time, the length of the agreement is up to 5 years. Depending on the Investor, an Option Fee might be required and a portion of the monthly rent may be applied toward the purchase price,andpurchase must be completed per terms of the agreement.

Step One
Apply and Get Approved

Step Two
Decide on a Home
Approved applicants go out with an agent to allocate home based on approval

Step Three
Investor purchases the home, You rent from Investor
Approved Applicants will be required to sign a Rental Agreement with the Right to Purchase. Depending on the Investor, an Option Fee might be required to finalize the process.

Step Four
Finalize purchase from Investor

Depending on your situation, we are here to offer YOU options. Contact Us today to begin your personalized journey!