“RENT-TO-OWN” OPTIONAL PROGRAM
In a “Bear Market”, this program may be a viable way to buy/sell a house. Rent for twelve (12) months and receive 40% of the total rent you paid back at closing to purchase the home you are renting. Rent for three (3) months and receive 100% back at closing. No rebate is applicable beyond twelve (12) months. This Rent-To-Own program must be approved by each individual property owner/seller and cannot be combined or used in conjunction with any other special offers or promotions offered by Future Homes.
|12 Month Rent-To-Own||Example:|
|Estimated Property value||$||150,000.00|
|x Rent Factor of .70||=||$||1,050.00||Monthly payments (plus utilities).|
|Rent for 12 months||=||$||12,600.00||Total paid for one (1) year.|
|Less 40% Rebate||=||$||5,040.00||Accumulated for down payment at|
|Actual Rent Paid After 40% Rebate||=||$||630.00||Monthly ($7,560.00 for 12 months)|
Rent-To-Own for 3 Months Only and Get 100% Back for Down Payment at Closing
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