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Tuesday, December 13, 2011

Lease to Own Utah Rent to Buy Utah Seller Finance Utah Rent to Own Preferred Buyer Plan

Heading Preferred Buyer Plan



 Great Quote ....... 
" If you fail to plan ... you plan to fail "




The Rent 2 Own Utah Homes 24-Month 3 Step Success Plan

If you’re tired of thinking about some far-off day when you can own your own home and are ready to experience ALL the benefits of owning a new home NOW .... then we invite you to learn the simple strategies we’ve developed that have turned countless renters into successful home buyers within 24 months or less!

Step 1
Become a Preferred Buyer
  • Complete your (no cost) Preferred Buyer Application & Exclusive Buyer Broker Agreement in advance of meeting one of our local lending partners ... this will seperate you from being a renter and start you on the path to home ownership.
  • Once a Preferred Buyer you are ready to present offers and be taken seriously by Rent to Own Sellers.
  • Receive updated listings of Rent to Own Homes that meet your specific criteria and are in the areas you’ve told us you want to live.
  • Beat out any competition for your new home by having first access to our huge inventory of motivated sellers offering easy rent to own terms.  

 
Step 2
Get Clear on Your Financial Situation
Have your financial situation reviewed (by phone or in person) by one of our top-notch mortgage professionals: 
  • Learn exactly how much house you can comfortably afford
  • Discover any requirements currently keeping you from getting traditional financing
  • Develop a plan to handle any credit issues and enroll in credit repair if necessary

Step 3
Start Shopping for Your Dream Home
 As your Agent we now represent your interests and can give you exclusive access to buy:
  • Homes we acquire through our marketing efforts
  • Homes listed on the Multiple Listing Service
  • Homes “For Sale by Owner”
  • Homes “For Rent”
  • Pre-foreclosure & distressed sales

STOP WAITING! Own your own home faster than you can imagine by enrolling in our Preferred Buyer Program  by contacting Mike at 801-708-3513.
and Visit

Saturday, December 10, 2011

Rent To Own Utah Homes Lease Option Seller Finance Program Requirements

Rent to Own Requirements



Rent To Own Program requirements

The main reason most rent to own programs or lease options fail is they are inherently set up to. Many of the buyers we work with need time to build up a down payment to close with traditional financing, in fact, this is one of the key benefits of renting to own.



While many sellers might offer first month’s rent and a $1,000 option fee, to “rent to own”, or even “50% rent credit”, these scams do not work and will leave you without the real rent to own program requirements needed to buy your home. 

 

Minimum Down Payment Requirements

Minimally, you will need a 3.5% down payment ($7,000 on a $200,000 home) to qualify for a mortgage during the lease option term. (Keep in mind this can sometimes be built up over the first year of the term of the option)
The Federal Housing Authority which insures 90% or more of the mortgages in today’s lending climate, requires this as a minimum down payment to qualify. Minimum down payment requirements for most conventional lenders are 5% to 10% of the home’s purchase price ($10,000 to $20,000 on a $200,000 home) Putting more money down ultimately increases your financing options such as seller or owner financing. If you are able to put 10% of the home’s purchase price down ... in most cases you can own your home from Day 1 and enjoy all of the tax benefits of home ownership.
If you’re unable to put the minimum amount down today that’s OK. Rent credits can be used to build your down payment up the 3.5% minimum during the first year of your option term.

Credit Requirements And Maximum option Term

Most buyers can qualify for traditional financing within 12 – 24 months when established under a legitimate rent to own program. However, no two buyers are alike which is why we go to great care to evaluate your current credit and financing situation before finding the perfect home for you.

By carefully evaluating your situation in advance you can be sure that you’ll have ample time to work on your credit or other financing issues keeping you from owning your own home.

If you are in a situation where you want or need an option term longer than 24 months then putting more money down will “buy” the term you need. As an example, it is not uncommon for owner financing contracts to be for periods of 3-5 years before being required to refinance.

Find Out Answers To Other Common Rent To Own Questions

Visit   rent2ownutahhomes.com

Lease to Own Rent to Buy seller Finance Layton Utah

Lease to Own Rent to Buy Seller Finance Layton Utah ..... Layton, Utah 84040
2050 N / 2556 E 
Offered at $219,000 

Status: Active
Type: Single Family Homes
Year Built: 1983
Bedrooms: 3
Baths: 2
Sq. Ft.: 2,953
Lot Size: .34 


Full Details and Photos at www.rent2ownutahhomes.com

Wednesday, December 7, 2011

How Rent To Own Utah Homes Works



How Rent To Own Utah Homes Works

Rent to Own (also called a Lease Option) is perfect for people who want to stop throwing their money away on rent, month after month, and instead want to start building equity in their new home immediately.

You first pay a nonrefundable Option Fee that will be applied to the final purchase price of the home. Your option fee entitles you to be able to purchase the home at any time throughout the option period (usually 24 months) at the low market price we negotiate on your behalf.

Throughout the option period you’ll be leasing the house at a fair market rental rate which is typically the amount the home will cost you monthly when you secure traditional financing. Since you’re going to be buying the house most sellers will have few concerns over pets or how you want to spruce the house up. Unlike a regular rental though, you become responsible for any house maintenance.

During this time you’ll also be building equity in the home as any amounts that you pay monthly in excess of the lease rate (rent credits) will be applied to the down payment or final purchase price of the home. You’ll also enjoy any equity from market appreciation while you rent to own your new home in Utah.

Why Our Buyers Succeed

Most of the buyers we meet think their less-than-perfect credit history will stand in the way of securing a mortgage. Many others have even heard horror stories about lease option sellers pocketing rent payments and not paying the mortgage, or have heard that most Rent to Own buyers do not end up buying their home. And they’re right! In fact, the number of successful rent to own or lease option buyers who make the transition from renters to homeowners in other programs is extremely low. Why?
Most sellers do not go to great lengths to determine if a buyer can actually afford the home they want to purchase or they underestimate the time (or amount of work) it will take for the buyer to close. The first thing we will do on your behalf is have your current income and credit situation evaluated by a top-notch mortgage broker who will determine the amount of time it will take you to close. When you know exactly what it will take to qualify to buy your home you’ll have the confidence and peace of mind to know you will succeed.
Once you’ve found the home that’s right for you, we then help you put together an aggressive credit repair plan if needed to ensure you will able to qualify to buy your home during the option period. In addition to helping you put together a plan for success, we also make sure the home is “secure”. It’s a sad fact that many homeowners when faced with financial challenges will stop making payments on the mortgage sending the house into foreclosure. By ensuring that all of your payments are handled by a third-party escrow company who pays the mortgage on the house directly, you can feel confident that this will never happen to you. 


Please visit www.rent2ownutahhomes.com 

Tuesday, December 6, 2011

Rent to Own Utah Clearfield Utah 84015 Lease Option Rent to Own

Clearfield Utah 84015  Lease Option Rent to Own  

Status: Active offered at $210,000
Type: Single Family Homes
Year Built: 2004
Bedrooms: 4
Baths: 3
Sq. Ft.: 2,609
Lot Size: .15 



Full details and photos at  www.rent2ownutahhomes.com 

Monday, November 28, 2011

South Jordan Utah Seller Finance or Lease Option Lease to Own Utah Rent to Own Utah

South Jordan Utah Seller Finance or Lease Option


Status: Active
Type: Single Family Homes
Year Built: 2007
Bedrooms: 3
Baths: 2.5
Sq. Ft.: 2,330
Lot Size: .08 


For full details and images go to www.rent2ownutahhomes.com



Saturday, November 19, 2011

Utah Rent to Own Lease to Own Utah Seller Finance Utah

Draper Utah Lease Option



Draper, Utah 84020
15073 S / 1940 E

Offered at $319,900




Status: Active
Type: Single Family Homes
Year Built: 2000
Bedrooms: 4
Baths: 3.5
Sq. Ft.: 3,095
Lot Size: .22 



For full details & images go to www.rent2ownutahhomes.com  

Utah Rent to Own Lease to Own Utah Seller Finance Utah

Taylorsville Utah Lease or Rent to Own 841295767 S SIERRA GRANDE CIR
Offered at $250,000




Status: Active
Type: Single Family Homes
Year Built: 1981
Bedrooms: 6
Baths: 3
Sq. Ft.: 2,880
Lot Size: .29 



For full details and Images go to www.rent2ownutahhomes.com 

Thursday, November 17, 2011

Rent to Own Homes Utah Rent to Buy Utah HousesSeller Finance Lease Option Residential Real Estate Utah Rent to Own Utah Homes Rent to Own Utah Homes Rent to Buy Utah HousesSeller Finance Lease Option Residential Real Estate Utah Rent to Own Utah Homes Rent to Buy Utah HousesSeller Finance Lease Option Residential Real Estate Utah Rent to Own Utah Homes Seller Finance

Seller Finance Lease Option Rent to Own Sandy, Utah 84092
10091 S / 3170 E
Offered at $449,000


Status: Active
Type: Single Family Homes
Year Built: 1976
Bedrooms: 4
Baths: 2.5
Sq. Ft.: 4,080
Lot Size: .45 


See full details and images at www.rent2ownutahhomes.com

Rent to Own Utah Homes Rent to Buy Utah HousesSeller Finance Lease Option Residential Real Estate Utah Rent to Own Utah Homes Rent to Buy Utah HousesSeller Finance Lease Option Residential Real Estate Utah Rent to Own Utah Homes Seller Finance Lease Option

Seller Finance Lease Option Murray, Utah 84107
6838 S Lenora Joe CV
Offered at $219,000


Status: Active
Type: Single Family Homes
Year Built: 1997
Bedrooms: 3
Baths: 2
Sq. Ft.: 2,506
Lot Size: .18 acres 



See full details and images at www.rent2ownutahhomes.com  

Wednesday, November 16, 2011

Rent to Own Utah Homes Rent to Buy Utah HousesSeller Finance Lease Option Residential Real Estate Utah Rent to Own Utah Homes Seller Finance Lease Option Residential Real Estate Utah

Rent 2 Own Utah Homes offers 1 month FREE Lease Option or Rent to Own credit

Tired of thinking about some far-off day when you can own your own home? Take action NOW to learn 3 simple steps that have turned countless renters into successful home buyers within 24 months or less!

No Gimmicks ... No Tricks .. just good old knowledge and effort.

Rent 2 Own Utah Homes is now offering 1 month FREE  Lease or Rent credit if you will take action Now ... follow this link to the 3 easy steps and 1 month Free Lease or Rent credit on the successfull closing of your new Home.

http://www.rent2ownutahhomes.com/addpage.php?pid=572

Brokerage services provided by North Star Realty
 

Rent to Own Utah Homes Rent to Buy Utah Houses Seller Finance Lease Option Residential Real Estate Utah

Riverton Utah Lease Option or Rent to Own


Status: Active
Type: Single Family Homes
Year Built: 1986
Bedrooms: 5
Baths: 2.5
Sq. Ft.: 2,232
Lot Size: .24 



Visit  www.rent2ownutahhomes.com for full details & images



Tuesday, November 15, 2011

Rent to Own Lease Option Draper Utah Seller Finance

Draper Utah Seller Finance Rent to Own Lease Option


 Type: Single Family Homes
Year Built: 1996
Bedrooms: 5
Baths: 3
Sq. Ft.: 3,510
Lot Size: .24 


See more details and homes at www.rent2ownutahhomes.com   

Monday, November 14, 2011

Rent to Own Homes Utah Rent to Own Homes Salt Lake City Housing Utah Rent to Own West Jordan Utah Taylorsville Utah South Jordan Utah Murray Utah Sandy Utah Draper Utah Lease Options and Seller Finance in Utah

Rent to Own Homes Utah Rent to Own Homes Salt Lake City Housing Utah Rent to Own West Jordan Utah Taylorsville Utah South Jordan Utah Murray Utah Sandy Utah Draper Utah Lease Options and Seller Finance in Utah

Draper Utah 84020 Lease Option


Draper, Utah 84020
15073 S / 1940 E
Offered at $319,900
MLS Number: 1055486


Status: Active
Type: Single Family Homes
Year Built: 2000
Bedrooms: 4
Baths: 3.5
Sq. Ft.: 3,095
Lot Size: .22


Remarks:
LEASE-OPTION AVAILABLE! CALL FOR DETAILS. Immaculate and move-in ready Suncrest 2story. Fully finished basement with walk in tile shower. Spacious deck for shaded summer BBQ's. Rare 3rd car garage included with this popular floorplan. Huge flat lot. walking distance to pool, clubhouse, fitness center and parks. New paint. Cozy fireplace in 2 story family room. Priced like a short sale, but move in ready, just bring your clothes.

visit www.rent2ownutahhomes.com for details and photos
Heading Problems Selling your Home ?


Having challenges selling a house traditionally or for-sale-by-owner? Discover how to sell your house for the price you need in less than half the time!



The American dream may have become an extended nightmare for many Utah homeowners.

Price declines have left a large percentage of sellers today with insufficient equity to sell a home traditionally, and most home owners who try to sell for-sale-by-owner simply do not have the marketing capacity to compete for a limited supply of pre-qualified buyers.

What are your options then if you can’t sell a house?

What if your house has been on the market a long time and is draining your financially, emotionally and eating up your precious time?

What if you’re falling behind on payments and need a solution that won’t completely destroy your credit?

Perhaps you don’t want to be forced to short sale just to get out from under a home?

Maybe you feel like your only option is to rent but you don’t want to be a landlord?

What if you need to sell NOW!

We focus exclusively on helping sellers just like you who are having challenges selling in today’s tough lending climate. Through our proven method of selling houses you can:


*Sell for full market value
*Move fast for ANY reason
*Avoid paying thousands of dollars in real estate commissions
*Avoid fixing up a house to model standard
*Eliminate the hassle of being a landlord
*Avoid bankruptcy, foreclosure or a short sale

Our company consistently helps homeowners in your situation sell quickly and easily at full market value and we are uniquely qualified to provide a solution for your real estate challenges. Want more information? Ready to sell your home now?

Please Contact Mike Today !! 801-708-3513


Visit www.rent2ownutahhomes.com for more details

Rent to Own Homes Utah Rent to Own Homes Salt Lake City Housing Utah Rent to Own West Jordan Utah Taylorsville Utah South Jordan Utah Murray Utah Sandy Utah Draper Utah Lease Options and Seller Finance in Utah

Rent to Own Homes Utah Rent to Own Homes Salt Lake City Housing Utah Rent to Own West Jordan Utah Taylorsville Utah South Jordan Utah Murray Utah Sandy Utah Draper Utah Lease Options and Seller Finance in Utah

Sandy Utah 84092 Lease Option

Status: Active
Type: Single Family HomesYear
Built: 1986
Bedrooms: 4
Baths: 2.5
Sq. Ft.: 2,652
Lot Size: .21



Remarks:
Great Sandy house that is close to great schools, malls, and all your major stores. Dimple Dell trail is in walking distance, 20 minutes away from great ski resorts and so much more. Has vaulted ceilings, hardwood floors, granite top vanities, playground, and great lighting through out the house. Buyer to verify all info

visit www.rent2ownutahhomes.com for full property details

Thursday, October 20, 2011

Rent to Own Homes Utah Rent to Own Homes Salt Lake City Housing Utah Rent to Own West Jordan Utah Taylorsville Utah South Jordan Utah Murray Utah Sandy Utah Draper Utah Lease Options and Seller Finance in Utah

Rent to Own Homes Utah Rent to Own Homes Salt Lake City Housing Utah Rent to Own Utah Lease Options and Seller Finance in Utah


Salt Lake City, Utah 84115 3315 S Old Millbrook CIR Offered at $299,000 MLS Number: 1050926

Status: ActiveType: Single Family HomesYear Built: 2011Bedrooms: 3Baths: 2Sq. Ft.: 2,167Lot Size: .04 acres

Salt Lake City Utah Lease Option Rent to Own Seller Finance

Built-InAir Cond: Central Air; Electric Driveway: ConcreteFloor Cov: Hardwood; Tile
Master Level: 2nd .Landscape:Lot Facts: Fenced: PartExterior Feat:
Interior Feat: Dishwasher, Built-In; Disposal; French Doors; Range/Oven: Free Stdng.; Vaulted Ceilings; Silestone CountertopsAmenities: Microwave; Range
:Terms: Cash; Conventional; FHA; Lease Option Monthly; Lease Option

Visit more properties at www.rent2ownutahhomes.com

Thursday, October 13, 2011

Rent 2 Own Utah Homes offers 1 month FREE Lease Option or Rent to Own credit

Tired of thinking about some far-off day when you can own your own home? Take action NOW to learn 3 simple steps that have turned countless renters into successful home buyers within 24 months or less!

No Gimmicks ... No Tricks .. just good old knowledge and effort.

Rent 2 Own Utah Homes is now offering 1 month FREE  Lease or Rent credit if you will take action Now ... follow this link to the 3 easy steps and 1 month Free Lease or Rent credit on the successfull closing of your new Home.

http://www.rent2ownutahhomes.com/addpage.php?pid=572

Brokerage services provided by North Star Realty
 

 

Rent 2 Own Utah Homes Market Reports Trending to Lease Options and Rent to Own

This Artical courtesy of  KSL.com showing that Rent to Own and Lease Options are becoming the way for sellers to sell and buyers to buy.

SALT LAKE CITY -- Rock-bottom prices and record low interest rates have not been enough to drive people back into the housing market.
"The mentality of this generation is apprehensive," said Colin Wright, CEO of Henry Walker homes. "Is this really a good deal, a good value?"
This morning on Sunday Edition Bruce Lindsay discussed housing trends with developer and Adjunct Professor at the University of Utah, Colin Wright. He believes the younger generation will have much different housing needs and wants. They want smaller yards and shorter commutes, which will lead to more urban housing. Getting out of debt will be more of a status symbol than a big house, and energy efficiency will also be important.
The important measuring stick right now is home prices. Thirty percent of homeowners in Utah have negative equity, and the starter home may have to become the dream home for a lot of families.
"We've lost that part of the market. They can't move up. They are stuck," said Jim Wood, director of the Bureau of Economic and Business Research at the University of Utah.
He has watched Utah's housing market closely and believes home prices have hit bottom. But, he adds, we are still years away from full recovery. Short sales are keeping prices down and discouraging people from entering the market.
The mentality of this generation is apprehensive. Is this really a good deal, a good value?
–- Colin Wright, CEO of Henry Walker homes.
"Thirty to 40% of all homes sold are bank owned or short sales," he said. "And those are distressed sales…Most people don't want to get in there until prices stabilize."
Unemployment and poor credit have also soured the housing market, but it's causing a boom in the rental industry. "The apartment market is highly attractive right now," said Kip Paul, executive director of Commerce Real Estate Solutions. "We are actually seeing prices exceed the peak from three years ago."
In the past year, all types of apartment units experienced increases in average rental rates. A three-bedroom unit now costs about $1100 a month, and Salt Lake County only has a 5.2 percent vacancy rate -5 percent is generally considered a tight market.
"We are building more but not quite enough to keep pace with what the anticipated demand is going to be," he said.
And demand within the rental industry is also changing.
"Over half of those renters are now in single family homes, condos, town homes. They are not in traditional apartments," Wood said.
If rental prices keep going up, homeowners will have more options to rent their home and cover their mortgage. 

Wednesday, October 12, 2011

Rent 2 Own Utah Homes Buyer Frequently asked Questions

How to Buy a Home in Today's Broken Mortgage Market


Regardless of your ability to get a loan – you can own a new home!

Some people are tenants by choice. But most people would prefer to enjoy all the benefits of owning a home if at all possible. It can be the single most important investment you ever make. A lot of people's personal wealth is made up mostly from equity they've built through years of responsible home ownership.
Our company works exclusively with people just like you who dream of owning a new home but simply cannot get a new loan in today’s broken mortgage market. Even if your credit is less than perfect, you have self-employment income or insufficient time on a job to qualify for traditional lending, WE WILL WORK WITH YOU to help you own the home of your dreams. We can even help you own a new home if you’ve had a recent bankruptcy or foreclosure. Regardless of your situation, we are here to help and provide a solution that meets your unique circumstances.


Thinking Outside the Box 

So you’ve saved up a little money, you’ve dreamed of buying a new home for you or your family and watched home prices fall to the point that you feel you can’t wait any longer. You’ve figured out what schools and conveniences you want to live by, and then with high hopes, you go to a “traditional” lender to try to get a loan only to find out that qualifying for a loan in this market place is not only difficult, it may seem impossible!
Don’t let your inability to get a loan stop you from owning your dream home!
Powerful options to purchase a home like “Rent to Own” have become the new way to buy a home where “traditional lending” has failed.
Through the Rent to Own purchase process you are able to lock in a low market price today on the home of your dreams, while you work to secure traditional financing at incredibly low interest rates. Sellers that cant sell their homes traditionally are waiting for qualified Tenant Buyers Today. 
Find out more at www.rent2ownutahhomes.com