RENT TO OWN

Rent-to-Own homes, or Lease with Option to Buy, offer a lot of benefits to people who want to buy a home, but have a hard time saving up the money, or who are not totally sure if homeownership is the best option for them. These deals can be overwhelming to some, so it is important to have a REALTOR® who can assist you and make sure you understand all of the fine print in the contract.

These types of contracts require the potential buyer to make a monthly payment - similar to rent, but a portion of it is set aside to use if the option to buy is chosen. However, if you choose not to purchase the home at the end of the contract, you will not be refunded any of this money. Also, during the contract time period, the landlord is not responsible for any home maintenance, repairs or upgrades. As the lessee, you take on that role.

If you are interested in learning more about Rent to Own, or if you are considering putting your home on the market with a lease option, contact a Landmark Group REALTOR® today to ask about how our knowledge of these transactions can benefit you!

•	Tenant must have financially sound rental history
•	If option to purchase is not exercised during the option period, all money paid by the tenant toward that option will be forfeited.
•	Tenants may use this option in the house they are currently living in or any vacant Landmark Property (subject to owner approval)
•	Monthly payments are negotiable

•	Tenant is responsible for maintenance
•	Must have renters insurance for the duration
•	Rent will be in accordance to list price, lease term and percent of equity
•	Deposit is required
•	Program begins from the date the option to buy is signed

Landmark Group also offers you the rent to own opportunity with the majority of our rental properties. Not all rental properties are available rent to own, so please ask for details. The requirements to participate in this program include, but are not limited to the following:

Rent to own is quite an amazing option for both the owner and the renter. Most owners jump at the opportunity, which is why the majority of our rental homes are available rent to own as well. Click here to view our properties and to contact us if you have any interest. We'd love to help you out!