Curious About How A Lease With Purchase Home Agreement Works?
Our rent-to-own process is very simple.
- Join our property list and share your preferences for the type of home you’re seeking, your budget, and more (BEGIN with the form to the right)
- We’ll provide you with local rent-to-own/lease option homes in Fairmont that match your preferences.
- If you find a home you like and wish to apply, we’ll provide you with an application form. Don’t worry—regardless of your credit or financial situation, we assist people in securing homes. As long as you can afford the property, we can likely help you own it.
- Once approved to rent the property, we’ll finalize the monthly rent and future purchase terms. Simply sign the documents and move in!
- Move in and pay your rent payments on time. At the end of the rental agreement, you have the option to decide whether you want to purchase the home or not.
NO COMMITMENT NECESSARY You are under no obligation to buy the property once the lease term ends.
How Long Do Rent to Own/Lease Option Agreements Typically Last?
When you sign a lease/option agreement (also referred to as a rent-to-own contract), the document will outline the duration within which you can finalize the purchase of the property – usually set at 3 years. However, in specific situations, we are open to extending your option period should you require additional time to enhance your credit score or accumulate the necessary down payment to meet the criteria for a bank loan.
When acquiring a property in Fairmont, West Virginia, it is common to utilize a conventional mortgage. However, there are alternative financing options available that may better suit your financial situation.
That’s our process!
Once you’ve completed your mortgage, you’re done – you are now the proud owner of your home!