Frequently Asked Questions

Many people in Rent-to-Own situations are self-employed, rebuilding credit, or newly established. What matters more is steady income and the ability to care for the home responsibly.

It allows the tenant and ultimately the future homebuyer, enough time to fix their credit and have dedicated time to sit down with a mortgage broker or lender to purchase the home at the end of the lease. 

This is not a traditional rental. At first you are a renter, but later you purchase the home on your own terms. Transitioning from tenant to homeowner. 

This money is required and nonrefundable if you don't exercise your option to purchase the home, meaning if you walk the homeowner keeps that deposit. The amount required is different in every situation. If you, the future homebuyer decides to purchase, the initial down deposit will go towards the purchase price. Call this number 480-427-0169 if there were any more questions on the down deposit. 

A percentage of your rent during the time of the lease, will go towards the purchase price of the home. Just like the down deposit, the rent credits are different for every deal. Call this number 480-427-0169 and tell me which property caught your attention, and I will let you know how much rent credit that particular home is offering towards the purchase price.

Most leases go on for a maximum of 12 months. Some could go on a bit longer, so take a look at the descriptions under Houses. Keep in mind you still have the option to purchase before the lease is over. Also if life intervenes, but you still have complete ambition to purchase the property; let the homeowner know two months before the lease is over and you could extend the lease. As long as you've been a great tenant and the homeowner's mind hasn't shifted they should have no problem extending the lease. Communication is key!!

This is a predetermined number 100% of the time. So please check out our Houses Page for info. There we will have all our Rent-to-Own properties listed and their details. 

You as the tenant, and future homeowner will be fully responsible for anything that breaks that was your fault. Same goes for those fall leaves that need to be raked up. Unless there is a major freak natural disaster you pay for it.