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Why Rent To Own A Minneapolis - St. Paul Home?
For many people, rent-to-own is the best way to own a home… particularly when you’re faced with bad or no credit, or lack of a down payment. We can help!
There are a lot of benefits of a rent to own agreement on your next Minneapolis - St. Paul home!
In the Minneapolis - St. Paul area, lots of smart people are using rent to own agreements as a way to get the home of their dreams without having to qualify for a bank loan right
1ST COLUMN
away.
In the past few years, banks have been very tight on their lending criteria. Most people who use a rent to own agreement want a few years to get ready to qualify.
Here are a few more reasons to use a rent-to-own agreement:
• Try before you buy! You get to live in your rented home before you actually purchase it, allowing you to make sure it’s actually your dream home. If you don’t like the house, you don’t have to complete the purchase.
• Own without great credit or a big down payment. You can start feeling like a homeowner right away while saving up and improving your credit.
• Privacy. You’re not listed as the purchaser on any public records until the closing takes place, giving you years of privacy.
• Profit from home appreciation right away. Often, homes in Minneapolis - St. Paul are worth more on the day of the purchase than the price that you’re paying! This can be huge money.
• Move in fast. Since you don’t have to wait for a mortgage, you can often move in right away – and get started living a new life in the home of your dreams!
• No need to move twice! You are renting the home you plan on buying, so you don’t have to worry about the pain of moving again!
• Your Option Fee can count towards your down payment at time of financing! We work with specialized mortgage teams who understand how Rent to Own’s work and most of the time your Option Fee is credited towards your down payment.
• Stop wasting all your money on rent! As long as you execute your option to purchase the home on time, part of your monthly payments will be credited to helping you pay your closings costs at time of financing! This means more of YOUR money coming back to YOU!
So don’t wait!Headline
Get started now by filling out the form at the upper right of this page.
LEGAL DISCLAIMER:
Rent To Own refers to properties that are leased and include an option to purchase. This site does not charge for rental listings and is not a pre-paid listing Service as defined by California Business and Professions Code 10167.
Terms of credit during rental period dependent on agreement with homeowner. Terms of credit may affect ability to qualify for home loan at end of lease period. There are no guarantees of future mortgage financing. We are not attorneys or accountants. Get your own independent 3rd party advice and do your own due diligence.
Jesse Mills, Founder & President of Home Solutions Group, LLC, is a licensed Realtor with eXp Realty.
*Minnesota state law requires at first substantive contact we provide you with an agency disclosure document. Please go to https://drive.google.com/file/d/0B_-nkMKRL4-eckFnR1JIT1JzZ3c/view
The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.
If your home is currently listed with another broker this is not intended to solicit that listing.
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