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Here’s how our RTO agreement works:
#1. You
rent one of our RTO homes on a 36 month lease.
#2. Each
month you pay rent on time you will earn a $300 CREDIT towards your down
payment.
#3. At
the end of your 3 year lease you will have saved up $10,800 in “Rent
Credits”.
You will
also have the security deposit and option fee you paid to use towards the
down payment and closing costs when you buy.
This is
usually more than enough to put down so you will most likely not need
additional funds at purchase time.
#4. For
the balance of the purchase price you will need to qualify for a new FHA or
conventional loan.
#5.
During the lease period you should be in contact with a lender to get you
finances and credit scores
in order
so that when it comes time to buy you will be able to qualify.
We can
direct you to a lender who will assist and advise you in this.
#6. If
you are unable to qualify after 3 years, we may arrange to extend your lease
to give you more time to qualify.
With
Our Plan:
A. You
lock in the sales price today for a purchase 3 years from now.
B. You
get a SUBSTANTIAL monthly credit towards your down payment.
C. You
have the peace of mind knowing you are in control and the home you are
occupying could become yours.
D. You
are dealing with a reputable Tucson family-owned business which has been in
business for over 35 years.
We have
sold over 1,000 homes and truly want to help you become a homeowner.
We
believe that our plan is the easiest, fairest, and most affordable
path in
the entire country for renters to become homeowners!
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