A great program for those who struggle to buy the conventional way.
Today I’m here to talk about a different way to buy a house. If you recently tried to get conventional financing and the bank refused you, don’t think that your dreams of homeownership are over. I have an alternative solution for you called the rent-to-own program.
This program is for people who have a slight problem with their credit history or their ability to make a down payment. If you’re self-employed, have a slight credit hiccup, are going through a divorce, are bankrupt, or something along those lines, you could potentially be a good candidate for this rent-to-own program.
“Your dreams of homeownership aren’t over.”
With this program, you would be a “tenant buyer,” meaning that you’re treated like a buyer, but your name is not on the title as the owner. You would be able to get into a great house, and you could live there until you can afford a down payment and officially buy the property. You would be responsible for all maintenance, overhead, taxes, etc., and would be treated like the owner.
Another great thing about this program is that you would benefit from the appreciation of the house over time. You get to lock in the price today, then officially buy it years later when you’re able.
This program isn’t going to be right for everyone, but it can seriously benefit certain people. If you want to know how it would work for your situation or have any questions, you can call or text me at (514) 917-6284. As always, you can also email me with any questions about real estate in general. I would be happy to be your real estate resource and hope to hear from you soon!
