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RENT TO OWN PROGRAM
Why is it good for me?
- You can live in the house while repairing your credit or securing your financing.
- You can move in immediately. You don’t have to wait for anybody but yourself.
- You lock in a price. With recent real estate appreciation trends, this house could be worth more than
what you pay for it by the time you close the deal.*
- You can show a lender that you are trying to buy a home you’re already living in and paying for. Banks
generally look favorably upon this. In many cases, you can actually refinance in order to close. With a
refinance, you’ll usually get a better interest rate and lower closing costs. We have lenders that specialize in this
program, although you are welcome to work with anyone you desire.
Why should I buy instead of just renting?
- OWN YOUR OWN HOME!!! No pesky landlords to deal with! :-0
- Build equity. If your home appreciates over time**, you could gain valuable equity simply by living in your
home.
- TAX SAVINGS!!! Did you know that you can deduct the interest paid as part of your mortgage? This can
save you THOUSANDS of dollars EVERY YEAR!!!
- Paint the walls ANY COLOR YOU WANT!!!
- Improvements you make may add to the value of your home – and you get to enjoy the improvements!!!
Why do we use lease options instead of just selling the house immediately?
- Tax savings. Ask how we can pass some of these savings on to you!
- Faster. You get to live in the property while arranging your financing.
- The house doesn’t sit empty. Regardless of how nice a neighborhood is, an empty house is a target for
vandalism because there’s no one there to watch it!
How does the rent to own program work?
It is actually a lease with the option to buy the property. You agree to rent the property for a specific monthly
amount. In addition, you make a one time Option Payment that counts toward your eventual purchase of the
property. You can close the deal at any point during the term of the lease (usually one year). You can arrange
financing with any lender of your choice. We can also put you in touch with lenders who we’ve worked with in the
past.
ADDRESS: 3 Manor View Court, LR
BEDS/BATHS: 5/3
MONTHLY RENT: $1995
APPROXIMATE SQ. FT.: 2870
FEATURES: big yard, nice quiet street, recently built, vaulted ceilings, dbl garage
UPDATES: new paint inside, exterior columns & porch updated, built 1995
SALE PRICE: $265,000
MINIMUM DOWN PAYMENT: $10,000
For a 24 hour live answering service, please call 501-255-2847
** not a guarantee of price appreciation
Why is it good for me?
- You can live in the house while repairing your credit or securing your financing.
- You can move in immediately. You don’t have to wait for anybody but yourself.
- You lock in a price. With recent real estate appreciation trends, this house could be worth more than
what you pay for it by the time you close the deal.*
- You can show a lender that you are trying to buy a home you’re already living in and paying for. Banks
generally look favorably upon this. In many cases, you can actually refinance in order to close. With a
refinance, you’ll usually get a better interest rate and lower closing costs. We have lenders that specialize in this
program, although you are welcome to work with anyone you desire.
Why should I buy instead of just renting?
- OWN YOUR OWN HOME!!! No pesky landlords to deal with! :-0
- Build equity. If your home appreciates over time**, you could gain valuable equity simply by living in your
home.
- TAX SAVINGS!!! Did you know that you can deduct the interest paid as part of your mortgage? This can
save you THOUSANDS of dollars EVERY YEAR!!!
- Paint the walls ANY COLOR YOU WANT!!!
- Improvements you make may add to the value of your home – and you get to enjoy the improvements!!!
Why do we use lease options instead of just selling the house immediately?
- Tax savings. Ask how we can pass some of these savings on to you!
- Faster. You get to live in the property while arranging your financing.
- The house doesn’t sit empty. Regardless of how nice a neighborhood is, an empty house is a target for
vandalism because there’s no one there to watch it!
How does the rent to own program work?
It is actually a lease with the option to buy the property. You agree to rent the property for a specific monthly
amount. In addition, you make a one time Option Payment that counts toward your eventual purchase of the
property. You can close the deal at any point during the term of the lease (usually one year). You can arrange
financing with any lender of your choice. We can also put you in touch with lenders who we’ve worked with in the
past.
ADDRESS: 3 Manor View Court, LR
BEDS/BATHS: 5/3
MONTHLY RENT: $1995
APPROXIMATE SQ. FT.: 2870
FEATURES: big yard, nice quiet street, recently built, vaulted ceilings, dbl garage
UPDATES: new paint inside, exterior columns & porch updated, built 1995
SALE PRICE: $265,000
MINIMUM DOWN PAYMENT: $10,000
For a 24 hour live answering service, please call 501-255-2847
** not a guarantee of price appreciation
SilverTree Properties, Inc.
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