Mortgage or rent tends to be your largest expense each month unless, you are one of the lucky ones with a paid off home or a trust fund. At last there is a program that the common folk can use to get ahead, rent2own by Action Real Estate.
How does a rent2own work? It's easy. All you do is set a price on the home and a timeline. The seller will accept this proposal if terms and conditions are acceptable. When the seller accepts you will then give the seller a non-refundable deposit that locks all terms and conditions. It's just that easy.
Your non-refundable deposit can be as little as $50 per month or a barter or trade for other work completed on the home. It can also vary from $1,000 - $100,000 down. It all depends on the seller and what they need.
Credit doesn't matter although you would be very smart to speak with a lender before signing a rent2own contract, just to see the items that need to change to qualify for a loan.
Visit http://www.actionrealestate.net/ for more information and to see a list of our rent to own homes or call Jason Retherford at 208.869.8452.
