Rent to Own
First of all, let’s establish what rent to own means. Rent to own is an option to sell or buy something over a period of time giving the opportunity to purchase at some point in the future. Rent to own is beneficial to the people of Charlotte, North Carolina because it can attract buyers who may be going through financial troubles. Also worth noting that buyers who cannot qualify for a home loan can start buying a house with a rent to own agreement. These payments will also rebuild their credit scores and may be able to get a loan to buy the house.
With rent to own, you can also lock in a purchase price. With the housing market on the rise, buyers can get an agreement to buy at the present-day price even if the purchase won’t happen for a number of years. You can also learn more about the property before buying the property. This will give you an insight of any issues the house and the surrounding community may have.
Shearer Realty wants you to know that we will work hard to find you the perfect rent to own house.