Are you tired of paying rent and now wish to get rid of it? Are you finding it tough to get a mortgage? If the answer of any of these two questions is “yes”, then you have come to the right place. We will show you a superior “rent to own” option in which you will not only pay the rent but you’ll gradually own your home while paying the rent. Seems interesting? Explore the opportunities.
Think about becoming the owner of the house which you rent from the very first day and that too without having to pay huge sums or trying to arrange a mortgage. You can find good offer simple and transparent rent to own houses in almost all locations in US. So, whatever your location choices are, if you are looking for Kentucky rent to own homes for example, you will get a perfect house for you for renting and gradually buying it. You would not have to pay any upfront deposit to get this and it will not even destabilize your monthly budget. Now, buying a house is possible even if you don’t have the muscle.
This process is ideal for those who do not have sufficient deposits to buy a house from the retail market and therefore do not qualify for a mortgage. Interestingly, the advertisements of mortgage companies seem to offer mortgages to anyone. In reality, the companies deny mortgages for many reasons. Some of the most common reasons for which the companies refuse mortgage include insufficient deposits, low income, high expenses and feeble credit history.
Moreover, if you are self-employed, do not use a credit card and have arrived in US for work purposes, your mortgage application may be rejected. Without a mortgage, it’s nearly impossible to buy a house. Well, not any more. You can take a house in rent and can buy it as you pay the rent every month. It’s as simple as that.
Renting to own is a good alternative to go for a mortgage. If you are struggling for getting a mortgage, have recently graduated, living in US for not long enough and/or are self employed you can go for renting and buying option. Moreover, key workers, returning ex-pats, contract workers from former commonwealth and people with fewer deposits can also benefit from rent to own options.
So, take a smart step and do not waste your time looking for a mortgage. Rent a home from best, in any location, and as you pay the agreed rent, you will actually buy the house gradually. No headaches and no hidden clauses. You pay the rent and you buy the property. It is a simple and effective solution to all your problems regarding buying a house.