Stevens Realty’s rent-to-own program is designed to help our tenants achieve their dream of owning a home. With flexible terms, affordable down payments, and the ability to build equity and improve credit, our program provides a pathway to homeownership for those who may not be able to purchase a home outright. Our program is transparent, fair, and compliant with all legal requirements, ensuring that both parties are protected throughout the process.
Rent-to-own has become a popular option for those who want to become homeowners but are unable to make a traditional purchase. It’s a flexible and affordable way to acquire your dream home while building equity and improving your credit score.
Unlike traditional mortgages, which typically have a term of 15-30 years, our program offers a term of 30-40 years. This extended period gives you plenty of time to make payments and eventually own your home outright. Additionally, the interest rate is only 10%, which is lower than most traditional mortgage rates.
Another advantage of our program is that you can live in the property while making your payments. This requirement gives you the opportunity to settle in and get comfortable in your new home. You can make changes, add personal touches, and truly make the property your own.
The down payment varies depending on the price of the property. We strive to make it as affordable as possible for you. A lower down payment is more feasible than the substantial upfront costs that come with traditional home purchases. We understand that buying a home is a significant financial commitment, and our goal is to make it as accessible as possible.
Your taxes and insurance are included in your monthly payment. We’ll pay them off each year for you so that’s one less thing to worry about.
One of the most significant benefits of Stevens Realty’s rent-to-own program is the flexibility it offers. Our program is a great option for people who are struggling to secure traditional financing due to credit issues or a lack of funds for a down payment.
Stevens Realty’s rent-to-own program is an excellent option for people who have credit issues and may not be able to obtain a mortgage right away. Renting to own allows individuals to live in the property and build equity while working on improving their credit score.
Unlike a traditional mortgage, where the buyer needs to have a good credit score to be approved, rent-to-own programs are more flexible. They don’t have the same stringent credit score requirements, making it an ideal option for individuals who may have credit issues.
Locking in the purchase price of the property is another significant benefits of our program. By signing a rent-to-own agreement, you lock in the price of the property. This means that you won’t have to worry about rising housing costs, and you’ll know exactly how much you need to pay to own your home.
Renting to own gives you the opportunity to test-drive the property before committing to buying. This benefit is especially useful if you’re unsure whether the property is the right fit for you. You can live in the property and see if it’s truly the right fit for you before committing to buying.
Stevens Realty’s rent-to-own program is an excellent option for individuals who have credit issues and may not be able to obtain a mortgage right away. The program provides flexibility, affordability, and the opportunity to move towards home ownership while working on improving their credit score. With the rent-to-own program, individuals can stop renting and start building equity in their dream home. Contact us today to learn more about our rent-to-own program and how we can help make your dreams a reality!
Our team of experts is here to help guide you through the process and answer any questions you may have. With our flexible terms, affordable down payment, and built-in equity, our program is the perfect solution for anyone who wants to become a homeowner.