Q. How Does Your Rent-To-Own Program Work?
We can rent you the home with the exclusive right to purchase it at a later date. Our buyers love it because it gives them time to save up for a larger down payment, time to clean up past credit problems, time to sell another home, and also time to try out the neighborhood before buying. We are obligated to sell to you, however you are not obligated to buy. 100% of your option fee / down payment is credited towards the purchase price of the home.

A portion of your monthly payment goes towards rent and the other portion goes towards the down payment of the property.

For example:

Initial Down payment	$4,500	Negotiable
Monthly Chq #1	$1250	Rent, Fixed
Monthly Chq #2	$500	Monthly Down payment, negotiable
Total monthly payment	$1,750	2 chqs required (as outlined above)
Lease term	1 year	1-2 years negotiable
Agreed to Purchase Price after lease period	$208,250	Negotiable
Down payment saved over lease period	$6,000	$500 x 12 months
Total down payment paid	$10,500	$6,000 + $2,500 (initial down payment)
Amount owing to purchase house after 1 year lease	$197,750	This amount could be financed with a first mortgage from bank or other lending company

Q. How Much Down Payment Do I Need?
We are very flexible with down payment. We can offer you many options, and we will always do our best to work with whatever funds you have available.

Q. What Other Methods Of Down Payment Are Accepted?
Unlike most lending institutions, we accept borrowed funds for closing. If you have a close friend or relative willing to lend you money for your down payment you can use that in our program. We also accept trades.

Q. What Happens If I Do Not Want To Buy The House At The End Of The Lease?
We have many different options; if you need more time we can extend the lease another year. We can help you secure financing, perhaps even be the bank for you. And a final option is you can choose to walk away and owe us no more money, however the money you have paid into the down payment is non refundable. We want to deal with committed people and we will work as hard as you to help you buy this house!

Q. I Love The Home, What Is The Next Step?
All we need is your application. You can even fax it in for faster processing! We will then contact you within 24 hours once we verify income and employment. Please keep in mind that our homes sell quickly so time is of the essence.