Releases Video Describing How to Rent a Home with Option to Purchase
DENVER, CO - 11/13/2015 (PRESS RELEASE JET) -- Donna Jarock, a top-producing realtor for more than 20 years, announced today that she is working with a company that launched a Lease with Right to Own program. This Rent to Own program enables people to identify homes for sale but then rent them instead of purchasing – with the option of purchasing the home at a pre-negotiated price for up to five years. Even individuals with poor credit or previous bankruptcies are eligible to participate. Jarock also announced the release of a video recently that describes how the process works.
“For many potential home buyers, this program is a real life-saver,” said Jarock. “Instead of choosing from rentals and being at the mercy of a landlord, you can now choose a home to live in that’s for sale – you can rent that home but retain the option to buy it at a price you agree to. It opens up a lot of new options for housing. As a brokerage we have assisted many families through this program, with great success.”
Rent-to-own works through the principle of options. You will have the option to purchase the home at a future date at a pre-determined price that has been set. There are various terms and conditions that depend on the specific situation. The benefit to the renter is the opportunity to get into a home even if he or she lacks a down payment or mortgage financing at that time. The renter has a wider selection of homes to choose from than just the typical rental market.
Jarock, who is part of the Mero Brokers and the Brian Petrelli Team, provides the Rent to Own service in the Denver area. For more information, visit http://www.coloradorentaloptions.com. The website includes in-depth information on how the Lease with Right to Own or as many know rent with right to own process works, a contact form, a rent calculator and much more.