Rent To Own
Your Path to Homeownership
Your Rent To Own Solution
For Landlords
Are you tired of being a landlord and looking to sell your property while releasing all liabilities? Win Property offers a hassle-free Rent to Own solution. We match your property with tenant buyers from our extensive database. We lock in the property’s future value, and the tenant buyer pays 5% upfront, plus market rent with a top-up. This top-up accumulates to the remaining 5% required for them to secure a mortgage.
Benefits for Landlords:
- No management or maintenance fees
- No risk of non-paying tenants
- Lock in your profit now
- Full cash flow during the contract term
Established, Trusted, Experienced
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Rent To Own Experts You Can Rely On
Frequently Asked Questions
What is a rent-to-own agreement?
A rent-to-own agreement allows you to rent a property with the option to buy it at a later date. Part of your rent may go toward the purchase price, giving you time to save for a down payment or improve your credit while living in the home you plan to own.
How does rent-to-own work?
In a rent-to-own agreement, you sign a lease to rent the property for a specified period (typically 5-10 years). During this time, you have the option to purchase the home. A portion of your monthly rent may go toward the eventual purchase, and you can lock in the purchase price upfront.
How is the purchase price determined?
The purchase price is agreed upon at the start of the lease. It can be based on the property’s current market value or projected future value, depending on the terms of the agreement.
How long is the rent-to-own period?
The rent-to-own period typically lasts between 5 to 10 years, giving you ample time to save for a down payment, improve your credit, and prepare for full ownership. The length of the agreement is negotiated upfront and can be tailored to your financial needs and goals.
What is the difference between a lease option and a lease-purchase agreement?
• A lease option gives you the option to buy the property but does not obligate you to do so. If you decide not to buy, you can walk away at the end of the lease.
• A lease-purchase agreement requires you to buy the property at the end of the lease term.
Do I need a down payment for rent-to-own?
While a traditional down payment isn’t required, many rent-to-own agreements include an option fee, which is a non-refundable payment to secure the option to purchase. This fee typically ranges from 1% to 5% of the property’s purchase price and can sometimes be applied toward the purchase.
What are the benefits of rent-to-own for tenant buyers?
• You can lock in the purchase price while continuing to save or improve your financial situation.
• A portion of your rent may go toward the purchase price, building equity.
• You have the chance to live in the home and decide if it’s the right fit before committing to buy.
What happens if I decide not to buy the property?
If your agreement includes a lease option, you can choose not to purchase the property at the end of the lease term. However, the option fee and any rent credits you’ve accumulated are usually non-refundable.
What happens at the end of the rent-to-own period?
At the end of the rent-to-own period, you can choose to buy the property at the agreed-upon price (if you have a lease option) or complete the purchase (if you have a lease-purchase agreement). If financing is needed, you will need to secure a mortgage at that time.
Established, Trusted, Experienced
For Tenant Buyers
Rent to Own allows you to move into your dream home today with just a 5% deposit upfront. You'll pay market rent plus a top-up that accumulates to the additional 5% needed for a mortgage.
Benefits for Tenant Buyers:
- Live in a property that feels like your own
- Freedom to make changes and decorate as you wish
- No risk of the landlord selling and forcing you to move
- Start your journey to homeownership today rather than waiting to save the full deposit.
Why Wait? Rent to Own Today!
Contact us to learn more about how Rent to Own can work for you, whether you're a landlord ready to sell or a tenant eager to buy.