How Does A Rent-to-Own Home Agreement Work?

The rent-to-own process is pretty simple. Read below if you’re wondering, “How does it work?”

1. Join our property list and tell us what type of home you’re looking for, your budget, etc. (START with the form to the right)
2. We’ll send you local Augusta rent-to-own / lease option homes that fit your criteria.
3. If you like a home and want to apply, we’ll give you an application to fill out. Don’t worry – we help people with all kinds of credit and financial situations, and if you can afford the property, we can probably help you to own it.
4. After you’re approved to rent the property, we’ll agree on a monthly rent amount and future purchase terms.  Then, sign the documents and move on!
5. Move in and pay your rent on time. Then, at the end of the rental agreement, you can decide if you want to purchase the home.

THERE IS NO OBLIGATION to purchase the home after the rental agreement expires.

How Long Are Rent To Own / Lease Option Terms?

Your lease/option agreement (also known as the rent-to-own contract) will spell out the length of time that you have to complete the purchase of the property – typically 3 years. Still, in certain circumstances, we may extend your option if you need more time to get your credit or downpayment until you can qualify for a bank loan.

The purchase of your home usually takes place through a traditional mortgage loan, but there are other ways to complete the purchase, depending on your finances.

That’s the process!

Once you’ve completed your mortgage, you’re done – now you own your home!

First step – sign up to find great properties just by filling out the form on the upper right of this page.