If you want to buy a house now, but have something holding you back, a rent to own situation might be the solution for you! Rent to own doesn’t always get the best rap, but when set up correctly, it can provide you with tremendous benefits! In our latest post, we will provide you with 7 reasons why you should rent to own your home in Atlanta ! Many people think that if they want to buy a house, they will first have to save up a small fortune and make sure their credit looks perfect. While these things are both beneficial for future homeowners, there is a way you can find, secure and lock down the house you want today, even if you aren’t quite ready on paper. Below we offer many reasons why a rent to own agreement can benefit you when purchasing your house in Atlanta ! #1 – Time To Save UpWhen you agree to purchase via a rent to own contract, you’ll have the time to save up as much as possible. You’ll know exactly when the purchase will become official. giving you lots of time to prepare. You will be living in the house already, it will feel like home, and you won’t feel like you are simply throwing your money away on rent each month. #2 – A Chance To “Try Before You Buy”Imagine being able to live in the house for two years before committing to buy it? When you rent to own, that opportunity can present itself! What if something goes wrong with the house? You’ll want to make sure there isn’t a penalty for changing your mind about purchasing. If needed, include disclosures to protect yourself in case of discovered damage or other circumstances. #3 – You’ll Have Time To Fix Your CreditRebuilding your credit can feel intimidating, but with a plan of attack, a lot can be accomplished in a couple of years. With a little work and some proper budgeting, you’ll be able to raise your credit score, allowing you to qualify for a loan. You might be surprised at how quickly your credit score will jump with just a few small changes. #4 – Lock In Today’s PriceWhen you sign an agreement with a seller the purchase price will usually be agreed to upfront. This means that no matter what happens with the market, the previously agreed upon price is what goes. While home values can always drop, it’s more than likely the house will be worth more in a couple of years, ultimately letting you purchase below market value. #5 – Build Equity While You RentWhile your rent may be higher in a rent to own agreement, contracts are typically set up so that a portion of your rent will go toward the down payment on the home when it is time to buy outright. Keep in mind that if you default on the agreement, the owner may be entitled to keep all of the rent paid in addition to the deposit and option fees. Entering into a rent to own agreement should only be done if you are 100% positive you will be able to hold up your end of the deal. #6 – Confidence BoostOwning a home can do wonders for your self-confidence. Maybe it has been a goal of yours for a while but has always felt a bit out of reach. With a rent to own agreement, you’ll be able to reach your goals faster than you think! You’ll be able to take pride knowing you are well on your way to owning a home of your own. Contact us today to learn more about how to rent to own your home in Atlanta !The post 6 Reasons Why You Should Rent To Own Your Home In Atlanta appeared first on Fresh Start Home Sales. via Blog – Fresh Start Home Sales https://www.freshstarthomesales.com/6-reasons-why-you-should-rent-to-own-your-home-in-atlanta/
0 Comments
Leave a Reply. |
AboutFresh Start Home Sales was created to help individuals and families rent to own homes in good areas with great schools. We help people who have damaged or bruised credit or are self-employed and cannot qualify for a mortgage to rent to own a beautiful home in a great neighborhood for up to 3-5 years. They will agree to take that time to improve their credit and save for a more substantial down-payment to buy the house they are already living in and enjoying. We also help people who are relocating to our area who want to live in a great home with the possibility of owning that home in the future. These potential home owners like the flexibility of rent to own homes because they are unfamiliar with the areas so don’t want to get tied into a mortgage until they are sure they want to buy the house. It is somewhat of a try it before you buy it arrangement that suites everyone involved. Should any of our tenant-buyers choose not to buy the house they simply have to after 1 year give 60 days’ notice leave the home in good condition and get their security deposit back and are fully relieved from any obligation to buy that home. Contact:
Fresh Start Home Sales Address: 2330 Scenic Highway Snellville, GA 30078 Phone: 678-337-1165 E-mail: [email protected] Website: https://www.freshstarthomesales.com/ Find Us Online: 500px Bitly Box Diigo Dropbox Evernote Postach.io Instapaper Newsblur Nimbus OneDrive OneNote Quip Todoist Toodledo Trello Tumblr Weebly WordPress Facebook Page MySpace Blogger Google Drive Youtube Google+ Page Recommended Links: About.me Alternion BrandYourself FollowUs Gravatar BeHance Linkkle Ello.co Carrd.co Scoop.it Zumvu iLink Archives
March 2023
Categories |