While you are in the process of obtaining traditional financing, you will rent the house from us. It is important to point out that none of the rent payments will be applied towards the purchase price as this is not a “rent to own” program. Those programs are hardly ever successful. It is also very important to point out that you will be responsible for all maintenance and repairs on the house while you are in the “option period.” We want you to still think of this as your house.
As soon as you are in a position to buy the house, we will prepare the purchase contract and make arrangements with a local Title Company to finalize the purchase. We will put you back on the path towards home ownership and we will be there to assist you along the entire way.