Home Rent to Own | Power of Sale/Foreclosure | Credit Management Have You Been Declined For Home Financing Or Facin | Page 5

HOME OWNER SOON AND THE RENT
TO OWN PROGRAMME
• Rent to own programs are quite easy concepts to grasp.
Clients are assigned their own real estate agents to help them
track down their perfect home. Next, contracts are written up
which go over the financial details of the programme and
lease. Your application is that scrutinised by the underwriting
department to make sure an ownership plan can be put in
place for the future. Then the contracts must be overlooked
by a solicitor or agent so that you may sign it and further the
whole progress of the programme. After accepting the terms
of the contract and sending Home Owner Soon back the
feedback and conformation, the estate contracts are signed
and your funding partner buys the house on your behalf. A
contract between you and your funding partner will already
have been written up and agreed upon somewhere down
the line of your application that basically says you will take
over and become the home owner in the next three years or
so.