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Here you will find properties in which you can have the benefits of home ownership without qualifying for a mortgage. To qualify for a Rent to Own you will need a down payment and 1st months rent. Typically a credit score of 575+ is needed.* The object of a Rent to Own is just that, renting your way towards home ownership. Each time you pay your rent, a portion is being saved for you as a down payment or reducing the purchase price. Over time you will accrue some valuable equity. Most Rent to Own agreements have a timeline in which you must purchase the property through traditional means of obtaining a mortgage. This timeline is typically 1-4 years. At which point your down payment and rent credit will be applied to the purchase price and in some instances used as down payment assistance. If you dont see a property your interested in, its common many of our properties for lease can be substituted as a Rent to Own. To find out more call us at 323.466.1111.
Find it. Rent it. Love it. with RentersWarehouse.com
*Bad Credit? Dont worry! Use our Free Credit Management Tools software! No purchase necessary, its 100% free to all! www.RWFreeCreditTools.com
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