Lease Purchase Homes

Lease-to-Own homes or commonly otherwise known as Lease Purchase Homes, Lease Option Homes, Lease Option to Buy Homes, - are a wonderful alternative for people who would like to purchase a home right now but may need a little time to acquire a down payment or build up their credit rating.

So what exactly does rent to own or a lease purchase entail? With lease purchase homes or lease option homes, the "option" agreement gives you the right to purchase the rental home within a certain period of time at an agreed upon price. There is also usually an initial "option" amount due upon signing (similar to a rental deposit) and a monthly additionally payment which applies to the purchase price of the lease option home. This alternative to a straight lease allows you to enjoy the home without disruption until you're ready to purchase. Contact us to find out more!