This beautiful two bedroom, two bath, two car garage home, located in Gulf Gate Glen, can be purchased with owner financing for only $5,000 down. This home boasts cathedral ceilings throughout, a massive living room, spacious garage, a large master bathroom with two sinks, and an appealing maintenance free lawn. Located in an immaculate neighborhood that is near shopping, beaches, and several schools. Why rent? Cheaper to own. Call 941-312-0949. (Listing 6193564 Confirmed 6/4/2013)
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Rent Premium – The term used here is “rent premium” and not simply rent. This is because in a lease to own option, the buyer has to pay a slightly higher amount than the typical rent for a property. The extra percentage of each monthly rent payment (called rent credits) goes toward the down payment for the property, if the buyer chooses to ultimately buy it. If at the end of the lease, the buyer cannot or does not choose to buy the property, the seller keeps all the money.

Visitors often say that what happens in Vegas stays in Vegas, but residents of the city prefer to remember the time they spend in Las Vegas. Non-residents automatically think about the Las Vegas Strip when the city is mentioned, but there’s more to this community than the line of casinos and hotels found on Las Vegas Boulevard. While visitors may flock to downtown Las Vegas for the Fremont Street Experience, there are many who make the city their home because they see the beauty of the city beyond gambling, shopping and last-minute weddings.
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Its a mobile home in a park (in Michigan) and we are putting $3,000 down on it. The balance owed on the home is $19,500. Our lot rent will be $308 a month and they require a security depsoit of $308. The rent credit has yet to be determined because the park is in process of buying the home themselves (so we havent made it that far yet). The park owner has told me it would be no more than $400 a month. All of this is no problem to us at all.
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Rent-to-own agreements should specify when and how the home’s purchase price is determined. In some cases, you and the seller will agree on a purchase price when the contract is signed – often at a higher price than the current market value. In other situations, the price is determined when the lease expires, based on the property's then-current market value. Many buyers prefer to “lock in” the purchase price, especially in markets where home prices are trending up.
This property is available on a rent-to-own basis. This home is a RenewD property. It will be listed for purchase at $379,900.00. Available for possible short term Rent to Own under strict conditions and terms. Not for rent only. Spacious 4 Bed 2 Bath home with stunning renovation work. Located in the heart of Beverly this home will not last long. Call for details and to find out how we can assist you to become a homeowner! View more details at InsiderShowHomes.com
Q: It has been almost a year since the short sale of our previous home. We don't believe we will be able to qualify for a mortgage for a while yet. Do Realtors assist buyers in finding a situation where we could rent a home for a period of time (say, a year), with the intention of purchasing it at the end of that time period? Or is that not really something Realtors do?
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My understanding is that it is ILLEGAL for a seller of a home to give money to a buyer of the home for the down payment. That would be a gift. Simply giving the buyer back the rent credit and option money toward the down payment is doing just that – “gifting” the buyer the down payment. Gifted funds and sources of those funds are STRICTLY regulated. I can see agreeing to pay the buyer’s closing costs up to the amount of the credits and option fee. Lowering the sales price by the amount of the credits and fee will lower the appraisal value (I have seen this happen), so that is risky. Your thoughts?_
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The second method starts with a tenant who wants to RTO a property and wants to buy it out at the end of the contract's term. An investor will then match the tenant to a property that works with their budget. When they locate a property, they can collaborate to close the deal, and the tenant can purchase the property on an RTO basis. This method works out well for real estate investors as they don't own the home, they're just acting as brokers to find the tenant their RTO property.
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