Snellville, GA-based Fresh Start Home Sales, has set out to explain the process of buying a rent to own home. With renting, one pays for a place to live for as long as their rental agreement lasts. However, with rent to own homes, one rents the home for a set period, with the goal being to buy it eventually. There are a number of advantages associated with this method of purchasing a home, especially the fact that it is possible to do so even with bad credit. The fact that one does not need a huge down payment also makes it a preferable option for purchasing a home. There is also the fact that one can live in their dream home a lot sooner.
“If you’re tired of renting and you want to own a home in Atlanta, but your credit, lack of down payment or income hold you back from qualifying for a normal bank loan, a rent to own home may be a great fit for you,” says Fresh Start Home Sales. “We specialize in helping Atlanta residents earn the satisfaction of being a homeowner through our Atlanta Rent To Own Home Program. Fresh Start Home Sales offers great rent to own houses and apartments in and around Atlanta, in conjunction with our help to get your credit up so you can purchase the home in as short of a timeline as possible.”
In order to find a Rent To Own Home, one need only follow a few simple steps. The first step is to find a reputable, experienced rent to own agent. A good agent will know how and where to find excellent properties and how to ensure that the transfer of ownership goes smoothly. Once a reliable agent has been located, the next step is to apply and submit all the necessary paperwork in a timely manner. This includes tax returns, paystubs, 401k documents, bank statements, and court-ordered child support. Following this, the buyer will receive a house purchasing budget, which can be used as a guide to look through all the available rent to own homes in the area. Once the buyer finds a house, they can sign the agreement, which means they may rent the house for a period of time and buy it later.
Once the buyer moves in, it is essential to start working on credit and set up a plan to save towards a down payment and closing cost. Even if part of the rent will go towards the purchase, it is important to have a bit of money saved up for when the purchase date comes. Assuming the buyer does everything correctly, they can then use their improved credit score to apply for a mortgage from a bank and use it to finance their home purchase.
Fresh Start Home Sales has a strong focus on finding and purchasing great, fixing them, and offering them to clients on a rent-to-own basis to help more people become homeowners when they otherwise could not. The company was formed out of frustration with the sheer number of people who want to buy but cannot afford to buy houses. “There are tons of great homes just sitting vacant,” says Fresh Start Home Sales. “Sellers want to sell, and buyers want to buy, but no banks will help! That’s why we took action and started Fresh Start Home Sales. We help ensure that homes around Atlanta stay occupied — with people who will care for their community.”
The company adds, “We want to make sure our community can grow and stay healthy. Times are tough. It takes innovative solutions to tough problems, but we love to help people reach their dreams. That’s what makes all the hard work worthwhile. We help sellers create lease/option agreements with qualified tenants who aren’t ready for a traditional mortgage. We help families find great homes and apartments that they can eventually own — but live in right away.”
For more information on the company’s rent to own programs, visit their website. They can also be reached through their social media platforms.
SOURCE: Press Advantage [Link]
Here at Fresh Start Home Sales, our focus is simple. Find and purchase great houses in and around Gwinnett County Georgia, fix them up, and offer them to people in Gwinnett on a Rent-to-Own basis. We help people who wouldn't otherwise be able to own a hom
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