Lease Option Buyers

 https://rent2ownutahhomes.com/pages/3551/Buyers

Buyers

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

FIRST TIME BUYERS 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 with buyers just like you who dream of owning a new home but simply cannot get a new loan in today’s competitive housing 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.

HIGH EARNERS

Thinking outside the box with Seller Finance or Owner Will Carry is a fantastic way to lock in the home you want now, build equity and recieve all the tax benefits that come with ownership. No need to wait until you fit into the lending box, learn how to leverage your cash flow and purchase one or multiple properties via Seller Finance!

Find Out How Rent to Own Works In Utah

Seller Finance Buyers

 https://rent2ownutahhomes.com/pages/3552/How-Rent-to-Own-Works

How Rent to Own Works

How Rent To Own Utah Homes Works

Rent to Own (also called a Lease Option) or Seller Finance 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 Downpayment 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 lowest market price we can negotiate on your behalf.

Throughout the option period, you’ll be leasing at a negotiated rate. This rate is typically determined by the balance of the purchase price after deducting the down payment and are typically higher than traditional purchase mortgage rates. Since you’re going to be purchasing the home, most sellers have few concerns over pets or how you want to spruce up the home. Unlike a regular rental though, you become responsible for any house maintenance.

Why Our Buyers Succeed

We set you up for success by taking extra steps to protect you and ensure you are able to finance at the end of your term.

• We qualify you for a lease option or seller finance home just like we would qualify you for a traditional purchase by having you speak to a lender to determine your purchase price. At the end of the day, you will need to be able to qualify for a loan and it only benefits you to purchase a home you can afford.
• All rent payments are processed through a third party escrow company, which ensures any mortgage is paid before the seller receives any money
• You will be able to lock down the purchase price of the home. In an appreciating housing market such as ours, this can mean your home may be worth 5-7% (depending on current market appreciation) more than at the beginning of your lease term. YOU will get to keep all of the appreciation, not the seller.
• You will gain equity through monthly rent credit. A portion of the rent will be applied to the purchase price for all on-time payments throughout the term of the lease.
• You will be enrolled in a credit restoration/credit building program. We will be able to monitor your progress and offer assistance throughout the process

Find Out The Requirements To SUCCESSFULLY Purchase A Rent To Own Home In Utah

Owner Will Carry Utah

https://rent2ownutahhomes.com/properties.html

 

Featured Properties

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Provo, Utah 84604
4606 Brookshire
$897,900
MLS Number: 1810247
Status: Active

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Bountiful, UT 84010
3500 S / 336 W
$800,000
Bedrooms: 5
Bathrooms: 3
MLS Number: 1832409
Status: Active

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Eagle Mountain, Utah 85005
5038 N Cliffrose Dr
$599,000
Bedrooms: 3
Bathrooms: 2
MLS Number: 1819733
Status: Active

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Bountiful, UT 84010
1885 S / E
$595,000
Bedrooms: 5
Bathrooms: 3
MLS Number: 1808492
Status: Active

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American Fork, Utah 84003
647 N / W
$850,000
Bedrooms: 7
Bathrooms: 4.5
MLS Number: 1798213
Status: Active

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Sandy, Utah 84094
8012 S / 1000 E
$799,999
Bedrooms: 5
Bathrooms: 3
MLS Number: 1828427
Status: Active

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Sandy, Utah 84092
9894 S / 1760 E
$679,900
Bedrooms: 5
Bathrooms: 3
MLS Number: 1810859
Status: Active

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Bountiful, Utah 84010
N / 550 E
$699,000
Bedrooms: 5
Bathrooms: 2.5
MLS Number: 1813897
Status: Active

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Midvale, Utah 84047
7540 S / 635 W
$639,900
Bedrooms: 4
Bathrooms: 3
MLS Number: 1815137
Status: Active

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Draper, Utah 84020
16050 S / 2047 E
$750,000
Bedrooms: 5
Bathrooms: 3.5
MLS Number: 1807299
Status: Active

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Rent To Own Utah

 https://rent2ownutahhomes.com/pages/3558/Why-Choose-Seller-FinanceLease-Option

Why Choose Seller Finance/Lease Option

Why Seller Finance, Lease Option or Rent to Own?

Buyers: 

Many buyers have sufficient employment income, down payment etc. However due to any one of the many "Life Events" that we all go through you may not fit into the traditional finance box.

A buyer may be self employed, had a recent divorce, injury , medical bankruptcy or may have just moved to the area for a new job.

Owner Financing generally allows a buyer to purchase a home, even when they do not currently qualify for a traditional mortgage. It does not matter if you are self employed, or have damaged credit.

Some benefits include: 

• Fast Transaction! These transactions generally 3 weeks or less to complete.
• Superior to renting because the home is being sold, not rented.
• Your purchase price is locked in and you begin building equity right away.
• Great for purchasing in an up market because when the market rises, so will your equity in the home. Sellers are more flexible with their terms     

Sellers:

Many sellers may not have enough equity to cover the cost to sell their home traditionally and need to carry the property for 3 to 5 years.

Sellers may be facing a job transfer, divorce or other reasons that require selling now and renting is not a viable option.

Seller may own the property free & clear and want to be the bank for a buyer.

Here are a few common benefits of seller financing:

• Allows a home owner to sell a difficult to sell home – often quickly and at a higher price!
• Fast Transaction! These transactions generally take 3 weeks or less to complete.
• Avoids a foreclosure and short sale in cases where the home owner can no longer afford a home
• Usually does not require seller to bring cash to closing – even in cases where the home has little or no equity.
• Superior to renting because home is being sold, not rented. Seller does not have to worry about maintaining the home going forward. The Seller does not need to “Landlord” the property.

Benefits for both parties:

Low loan costs. No origination fee, no underwriting fee, no JUNK fees.

• Close when you both agree.  It is amazing what can be done when greedy banks are eliminated.
• Re-establish good credit the best way possible- By making monthly payments on your home.
• Buyers can become established in a home and neighborhood NOW before home prices increase more.