Why just rent when you can Rent to Own?
Well, what does rent to own entail?
In our office, Triad Residential Solutions, we start by sending you to our website, www.BuyNCTriad.com, where we list all of our currently available homes. These properties change often because we constantly lease out properties and get new ones so, if you don't find one that works today, keep checking!
One of the first things we ask to see is your proof of income. We want to make sure immediately that you can afford the home you have chosen.
Once you have filled out and submitted an application at Triad Rents.com, you will be able to go in and view any of our available properties. When you find one that works for you, we obtain your credit report and check your references.
Issues on your credit report do not automatically disqualify you from our rent to own program. Negatives on your report can be discussed and explained. You will have a face-to-face to discuss your report and the entire process with us once you are approved.
After this process is complete and have the required move in amount, we sign contracts and give you the keys.
So, how is this different from a straight rental? The move in amount you put down is credited 100% toward your purchase. Additionally, 10% of your monthly on-time payment is credited every month toward your purchase. These credits help you save your purchase down payment.
While you live in the property, we encourage credit repair. We recommend reliable credit repair companies and do what we can to help you work to remove negatives, pay down balances and improve your over all credit score.
Finally, we have lenders who work with our residents to help them through the mortgage qualification process.
Our entire goal is to help you move from renting to owning, hopefully, within 3 years or less. We offer what we can, you do the rest with your on-time payments and credit repair efforts. We are a team working together and training you toward home ownership.
If rent to own is something that interests you, please follow our website www.BuyNCTriad.com and let us know when you find a property that works for you!
We look forward to helping you soon.