THE HELP GROUP
RENT - TO - OWN PROGRAM
GUARANTEED HOMEOWNERSHIP
NO QUALIFYING
1-(800)977-7151
This is your chance to become a homeowner!
Are you tired of renting and throwing money away every month? Do you
want to buy a home? Have you ever been turned down for a loan? Maybe
you don't have good credit? Or, you can’t afford the high down payment? Are
you self-employed and unable to get a low-rate loan? Not enough time
on the job? The list of why people can’t get into a home the conventional
way goes on and on…
Well, guess what? We can help you!
It’s easier than you think.
Most who rent do so because they don’t know they can buy. If you are
renting only because you believe you can’t buy, THINK AGAIN! We can
show you how you can rent to own a home. You don’t need perfect credit
and best of all, there are no banks or realtors to deal with. For the
cost of what you’re paying for rent, you could apply money from those
payments to actually owning a home. Our business is putting good people,
just like you, into a quality home. So, why not live in a clean, dependably
home today, and buy it in the near future?
So, Why Should You Rent to Own?
- It's fast and easy!
- Low down payment!
- No bank qualifying!
- You don't need good credit!
Let The Help Group help you,
become a homeowner. Let us show you how to buy a new home without bank
qualifying. Stop wasting money on rent or living in a home that doesn't
meet your needs. Rent to own with The Help Group.
Rent to Own Program Advantages:
- Low down payment.
- Your job is your credit.
- Your down payment could be credited towards the purchase of your home.
- Your rent money is finally working for you.
- This type of program gives you time to fix your credit history and shop for the best financing.
- Use little of your own money to purchase a new home.
- Opportunity to get into a choice home at the right time.
- Major repairs are sometimes covered by a home warranty.
FREQUENTLY ASKED QUESTIONS ABOUT THE PROGRAM
A rent to own program is more valuable than just simply renting. You don't have to bother with banks, mortgage brokers, or real estate agents. You can enter into a rent to own agreement directly with the property owner and just deal with them at the end of your agreement.
Rent to own home programs are
rare and vary among investors. Most investors want to hold onto their
properties for the long term. They want you to pay their mortgage. But,
with a rent to own home, you are given the ability to build equity while
you rent. Getting into a home with a low down payment will help you
repair your credit (if needed) and build valuable equity in your home
during your lease agreement period.
You are purchasing the home from the owner now and delaying the closing
to a later date. This is the main difference between you and a typical
renter. A renter has no rights to the home when the lease is up. At
the end of your lease, you finalize the home purchase and any equity
you built up is yours.
The Fundamentals of
our Rent to Own Program
Agreements:
The program usually involves two separate agreements. A "purchase
and sale agreement" and a "lease agreement." The purchase
and sale agreement covers the home's price, and the closing date. The
lease agreement handles occupancy, rent amount, move in date, pets,
and maintenance.
Timeframe:
Typical agreements are 12 to 24 months in length. But, if you need more
time (e.g., to repair your credit history) your agreement could be extended.
Rent Credit:
A "rent credit" is a percentage of your rent every month that
is usually applied to the purchase of the home. It's usually about $100
of your rent payment per month. A rent credit can be negotiated in your
agreement and is not always included.
Purchase Price:
Some investors set the price of the home today and some set it at the
current market value when the lease agreement is up. This usually depends
on the market in your city. Typically, the price is set today. This
way you will know the exact price of your new home.
Earnest Money (Down Payment):
Your earnest money deposit is applied 100% towards the purchase price
of the home. If your earnest money deposit is $5,000, then all $5,000
is applied towards your home purchase.
Your earnest money deposit is non-refundable. So, if you decide not
to purchase the home, you forfeit your earnest money. This is the same
legal practice when you purchase a home the conventional way. You put
up earnest money to purchase a home and if you back out of the sales
agreement, you lose your earnest money.
Rent to Own
Program Benefits For You
A rent to own program offers many advantages over bank financing:
Faster Equity Growth:
Equity can accumulate much faster than with conventional financing (loans).
With a conventional loan, 99% of your mortgage payment goes toward the
interest payment for the first 5 to 10 years.
Your Earnest Money is Credited Towards the Purchase of the Home:
When you execute (sign) an agreement, you must pay earnest money (also
known loosely as a "down payment" or "deposit").
This money is your vested interest in the home and is credited towards
the home's purchase price.
Minimum Cash Out of Pocket:
When you purchase a home conventionally, you must pay closing, prepaid,
and down payment costs. With a rent to own agreement, you only pay up
to 3% of the purchase price. This will save you between 25%-85% (1,000's
of dollars).
Purchase Price is Locked In:
Typically, the home's purchase price will be locked in for the duration
of your agreement.
Profits from Appreciation:
Since the purchase price could be locked in before closing, any increase
in property value will mean that your equity will increase in the home.
Buying Power:
Your buying power is drastically increased. You can get into a rent
to own home for much less than what a lender requires (10 to 20% down
plus closing costs and fees). This saves you 1,000's of dollars up front.
Rent to own advantages over a conventional mortgage:
| Category | Bank Loan or Mortgage | Rent to Own Program |
| Down payment: | typically 10 to 20% down | typically up to 3% down |
| Closing costs: | between $2,500 and $5,000 | small application fee ($100) |
| Credit: | penalties for bad credit | your credit is not an issue |
| Move-in: | at least 30 days | Less than 2 to 4 weeks |
| Payment plan: | no customized plans | custom payment plan to fit your needs |
| Escrow account: | mandatory account | no escrow account required |
| Payoff: | slow for the first 10 years | accelerated equity builder |
| PMI payment: | required if less than 20% down | no PMI payment |
Credit Problems Will Not
Hold You Back:
Qualification restrictions are nowhere as strict as conventional financing.
You will be approved at the owner's sole discretion. In fact, a rent
to own a home can be easier then renting a home! Your earnest money
gives the "weight" in the transaction.
Peace of Mind:
What you're paying per month could actually go towards something - your
home and your future.
Why Would
I Want to Work With You?
Our business partners (i.e., real estate investors) are looking to work
with individuals and families who are interested in a rent to own home
program to repair their credit and purchase a home. We want to assist
you with acquiring a quality home that will provide you with security
and a valuable asset.
The process of renting a home to own is fairly simple. The Help Group will work with you to discuss the process before any documents are signed. We want to ensure you understand the process, the benefits, the costs, and the end result - full ownership of your new home.
1. Does my eligibility depend on my credit?
No. Your job and your earnest money are your credit.
2. How flexible do I need to be?
You need to be flexible in your terms. There are a lot of people looking for quality rent to own homes. If you're looking to rent to own, we recommend you be reasonable in your expectations. Rent to own homes are not common.
3. Do rent to own homes demand premium rent and deposit?
Yes. A rent to own home will require a higher earnest money deposit and higher rent than a typical rental property. But remember, you are buying the home and you will be building equity as you rent. You don't get these benefits by renting a home.
In the long run, the deal will
be cheaper for you than just renting.
4. How long does the process take?
The process usually takes about 14 days or less to qualify you and get you moved into your new home.
There is a small application and processing fee of $100 to qualify you. Other costs like earnest money (down payment) and rent will vary from home to home.
6. What happens when I apply for a home?
Here is a summary of our process:
- You will complete an application.
- The Help Group will collect the application fee of $100 (non-refundable)
- Your application will be processed, if you are approved...
- You will then look for property. Once property is found…
- You will review the paperwork and sign the agreements.
- The Help Group will then collect your earnest money (down payment).
- Then you will get a move in date
- Then you can move into your new home!
CONGRATULATIONS
GUARANTEED HOMEOWNERSHIP
WITH
NO BANK QUALIFYING!