RENT-TO-OWN PROCESS
The first thing we will do is review your financial situation with you and explain all options that are available to you. We will help you understand your credit report and show you how you can improve your score. If you can qualify for a house on your own, we will assist you down the path to homeownership. If a Rent-to-Own option is better for your current situation, we will structure a program that will get you into the home that you select at a price you can afford.
Your Rent-to-Own program will be based on your income and your down payment. From your financial situation, we will develop the basics of your Rent-to-Own program: the amount of rent you can afford monthly, the length of your program, and the amount of rent credits you will receive at the time you purchase your home. An experienced Rincon Ventures Realtor will work with you to select the perfect home for your family keeping your budget in mind.
Some benefits you receive as Rent-to-Own buyers with Rincon Ventures are: a customized Rent-to-Own program tailored to your needs, all appliances are included with the home you chose, generous rent credits equal to 5% or more of the purchase price, and last but not least, home ownership. Our Rent-to-Own programs are really just alternative financing options for well deserving families.
Our Rent-to-Own programs are designed for your success. We want your monthly payments to be something your family can afford comfortably. Your rent credits will equal or exceed 5% of your purchase price, which will give you more borrowing options. The price you pay at the end of your program will be based on an appreciation schedule that reflects the normal appreciation of homes in Tucson.
A summary of the steps involved: your financial situation will be evaluated first, if you can buy now, great, if not, we will create a customized Rent-to-Own program for you. Items included in this program will be your rent, the length (terms), the amount of rent credits you will receive, and the purchase price of your home. It really is that simple. This is a pressure free undertaking that starts when you take the first step and contact us. Your home is waiting for your family to move in.