RENT 2 OWN (LEASE PURCHASE) Program
If you are in the market to buy a home, you are probably aware of the many advantages home ownership provides (tax shelter, appreciation, security, etc).
If you are actively seeking to purchase a home via a lease purchase agreement, you are either:
- A very smart renter
- A very smart real estate investor
- Cannot purchase a home through conventional means
or any combination of the above.
Minimum Cash out of pocket
Conventional purchase agreements require that you pay between 10% and 20% of the purchase price as a cash down payment plus closing costs. Median house prices in Central Florida are great but still putting home ownership out of reach for many home buyers.
With our RENT 2 OWN Program you can put as little as 3%-5% cash down as option consideration plus, up to 50% of the rent you pay will be applied to the purchase of your home. Often, your option consideration can be paid in lieu of deposits and security with 100 % credited toward the price at the time you exercise your option to purchase.
Faster equity growth
Equity can accumulate up to 5 times faster than with conventional financing.
Quick move in time
You can typically take possession of the home in a week or less after executing the contracts. Conventional financing takes much longer after contract signings.