Rent


Rent

During the term of the lease the potential buyer pays the seller a specified amount of rent. The lease term is negotiable, but typically ranges between one and three years. In many contracts, a percentage of each monthly rent payment is applied to the purchase price.  Often, the rent charged by the seller will be slightly higher than the “going rate” for the area to accommodate the rent credit the buyer receives.



OWN YOUR HOME IS YOUR MORTGAGE FACILITATOR,
CONTACT US TODAY TO GET STARTED!


GET STARTED