You may have a broker that may do a rent to own but in today's market there may not be many of them. If you have a great concern I would call a lawyer and make sure of everything that the broker is telling you.
I rent to own is a home that you rent from the seller now and pay some monies down and a set amount per month then you get a loan in 2-4 years from a bank buy the home.
Lets say you want to do a rent to own:
1. Seller want so sell the home in 2 years.
2. You rent the home(must follow all rules as a renter) for fair market rent.
3. You pay from 3000-10000 for a down payment(this goes to the purchase price when you buy the home BUT if you do not buy the home you LOSE this money.( so you really need to make sure your credit get to where it needs to be when you buy the home)
4. You pay an extra 200-500 per month that goes to the downpayment/cosing cost.(also would be lost if you did not get the bank loan)
Rent to own properties are really good for people that want to buy a home and need to fix a few things on there credit. Before jumping into a lease option(rent to own) you should talk to a lender to make sure you can buy the home in the time that is required by the seller.
Please if you have any questions call me.
I do rent to owns.(Lease Options)
If you are in fact talking about a true rent-to-own, there are some available on the market. They do come with the risk of the property being foreclosed on prior to the time for you to purchase and you possibly being out of your down payment plus additinal funds per month. In my professional opinion, the OWC option is the best of the two.
As always do your due diligence as a buyer to get all the information prior to putting up any money.
You need to elaborate more on your question. The way a rent to own works is you would usually need to put some down payment down on the property. You would do a lease option contract and a % of your rent amount would be allocated towards the rest of your down payment after a 1 year or 2 year lease. What ever you work out with the owner. If your not able to purchase the property once the option to purchase is up you usually lose the down payment.
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2885 S. Jones Blvd
Las Vegas, NV 89146
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