Rent to Own

(Note: For a successful Rent to Own purchase, a minimum of $5,000 option money is required to start the Rent to Own Process.)

Did you know only 2% percent of Realtors® in the nation really know how to properly structure a rent to own agreement! Your Bloom Realty experts fall into that top 2%. We know how to do it right, so it's a win-win for both Buyers and Sellers. Negotiating, structuring, and executing a rent to own contract is one of our core strengths which we offer our buyers and sellers through our Lease Option Purchase program. This unique Lease Option Purchase approach is exclusive to Bloom Realty and because of how it is structured we have a much greater success rate than average rent to own agreements.

  • Regular rental scenarios can be risky for homeowners. Let's face it--renters can be a homeowner's nightmare!  Most renters don't give your home the TLC you do and for most homeowners renting their property is a last resort if they cannot sell their home and it can turn out to be an expensive experience.
     
  • For buyers, a Rent to Own or Lease Option Purchase approach is an attractive option for buyers to own the home of their dreams. With mortgage approval guidelines stricter than they have been in years, many sellers and buyers are now open to exploring this viable solution to home ownership.
There are thousands of potential buyers and sellers who are missing an opportunity by not considering rent to own properties. The motivation for buyers to buy is as strong as ever; however, the strict qualifying guidelines of banks makes it nearly impossible for a large percentage of buyers to meet their criteria for loan approval . Why not explore our exclusive Lease Option Purchase program today, as a great solution for satisfying both the seller and the buyer's needs, for executing a home sale quickly and painlessly?
 
More buyers and sellers are seriously looking at the rent to own approach to buying or selling a home.  A Bloom Realty Team Realtor will help navigate you every step of the process towards a successful closing. Whether you are considering buying or selling a home, please contact one of our Lease Option Purchase experts today to discover how our unique exclusive program could be a viable solution for you.
 
* If you are currently working with a Realtor to market your home, please have them call us for information on how we can partner with them to get your home sold quickly!

Rent to Own (Buyers)

The dream of homeownership does not have to be a pipe dream!  If you're serious about improving your credit, have some negative bruises in your credit history, you're self-employed, or your employment history is too brief to qualify with a bank; we can make your dream come true with our Rent to Own/Lease Option Purchase program. Today's bank guidelines are stricter than ever to qualify for a loan. It's a good time to consider the Rent to Own or  Lease Option Purchase. The experts at Bloom Realty can help you every step of the way. We'll negotiate a reasonable down payment with the seller, structure monthly payments you can afford, and get your credit repaired so you can actually purchase your new home in as little as 12 - 24 months.
 
  • Every month you pay your Rent to Own payment on time and in full, your credit is improving. With help from our  professional credit team who will maneuver you through the ropes of the credit maze, you will be amazed at the progress you achieve in reaching the credit score necessary for qualifying for your loan.
  • The Lease Option Purchase or Rent to Own agreement is structured for you to buy the home at a fair market price, with payments you determine you can comfortably handle. Our goal is to make this a positive experience for you and the seller.  Rent to own must be a win-win situation for everyone!
  • We'll execute the agreement with the seller. We handle all the paperwork. You live in the home as if it's your own, and when you've qualified for your loan, then your Lease Option Purchase/ Rent to Own agreement will close and your dream of homeownership will become a reality! 
Stop wasting money paying rent, and start investing in the home you want to live in for many years to come. Call Bloom Realty today and discuss a Lease Option Purchase/Rent to Own with one of our experts. We will answer all of your questions down to the smallest detail; then we will get you on the road to realizing your dream, and finding the right home for you and your family.

Rent to Own (Sellers)

If a traditional listing isn't attracting any serious offers, (or any offers at all), then Bloom Realty’s “Rent-to-own,” or Lease Option Purchase program can find you a tenant/buyer who will sign a contract to purchase your home in as little as 12-24 months.
 
We’re ahead of the curve when it comes to properly structuring, negotiating and executing a Rent to Own contract.
 
  • If you’re thinking about a simple rental scenario – beware!  When you rent to someone who isn't committed to buying your home, you can never be sure that your property won’t fall into disrepair.
  • The Rent to Own or Lease Option Purchase approach only markets your home to buyers who are truly serious about home ownership.  Because they have the dream of owning their own home,they’ll take great care of your property with the same pride of ownership you have.
  • It's Easy to Participate.   Even if you already have your home listed with a Realtor, we can work with your Realtor to structure a Rent to Own program that's win-win for everyone. There’s no need to cancel your traditional listing. Ask your Realtor to call us. We frequently partner with listing agents, and we will explain how they can work with us to structure a Rent to Own agreement that’s right for you.
  • You still market your home to conventional buyers. Should you sell your home to a conventional buyer before you get an offer to Rent to Own, that’s great! You have nothing to lose when trying out a Rent to Own approach.
  • Rent to Own homes move much faster than conventional sales. There’s a pool of thousands of potential buyers you’re missing by only marketing your home one way: the traditional way. Our pre-qualified tenant/buyers are motivated, and we market  many homes for sellers in your situation, who have a strong motivation to sell, and we bring a tenant/buyer with an equally strong motivation to become a true homeowner.
 
Rent to Own buyers must agree to our structured guidelines to be  qualified as a tenant/buyer candidate with Bloom Realty.   Our Rent-to-own tenant/buyers program is designed for success . Tenant/buyers are looking for homes in your neighborhood – contact us today, for information on how the Lease Option Purchase program will benefit you.

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