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RENT TO OWN PROGRAM
Why is it good for me?
- You can live in the house while repairing your credit or securing your financing.
- You can move in immediately. You don’t have to wait for anybody but yourself.
- You lock in a price. With recent real estate appreciation trends, this house could be worth more than
what you pay for it by the time you close the deal.**
- You can show a lender that you are trying to buy a home you’re already living in and paying for. Banks
generally look favorably upon this. In many cases, you can actually refinance in order to close. With a
refinance, you’ll usually get a better interest rate and lower closing costs. We have lenders that specialize in this
program, although you are welcome to work with anyone you desire.
Why should I buy instead of just renting?
- OWN YOUR OWN HOME!!! No pesky landlords to deal with! :-0
- Build equity. If your home appreciates over time**, you could gain valuable equity simply by
living in your home.
- TAX SAVINGS!!! Did you know that you can deduct the interest paid as part of your mortgage?
This can save you THOUSANDS of dollars EVERY YEAR!!!
- Paint the walls ANY COLOR YOU WANT!!!
- Improvements you make may add to the value of your home – and you get to enjoy the improvements!!!
Why do we use lease options instead of just selling the house immediately?
- Tax savings. Ask how we can pass some of these savings on to you!
- Faster. You get to live in the property while arranging your financing.
- The house doesn't sit empty. Regardless of how nice a neighborhood is, an empty house
is a target for vandalism because there’s no one there to watch it!
How does the rent to own program work?
It is actually a lease with the option to buy the property. You agree to rent the property for a specific monthly
amount. In addition, you make a one time Option Payment that counts toward your eventual purchase of the
property. You can close the deal at any point during the term of the lease (usually one year). You can arrange
financing with any lender of your choice. We can also put you in touch with lenders who we've worked with in the
past.
AVAILABLE RENT TO OWN HOMES:
ADDRESS: 13924 Bonnie, Shannon Hills, AR 72103
BEDS/BATHS: 4/3
MONTHLY RENT: $1,200
APPROXIMATE SQ. FT.: 1,730
FEATURES: big yard, nice quiet street, totally renovated and updated, vaulted ceilings, one-car carport
UPDATES: new paint inside & out, new 40 year roof, three new bathrooms, all with Whirlpool tubs, brand new
kitchen with all new cabinets, appliances, countertops and sinks. This house was gutted to the studs and totally
rebuilt - it's like a new construction home at an older home's price! Check it out today!!
SALE PRICE: $132,500
MINIMUM DOWN PAYMENT: $3,500
CREDITS: Down payment and $100/mo go towards purchase price, if closed within the 2 year term of the option
ADDRESS: 9810 Comstock, Little Rock, AR 72209
BEDS/BATHS: 3/1.5
MONTHLY RENT: $900
APPROXIMATE SQ. FT.: 1,070
FEATURES: big yard, nice quiet street, totally renovated and updated, one-car carport, storage room
UPDATES: new paint inside & out, new 30 year roof, brand new tile and cabinets in bathrooms and new
Whirlpool tub, kitchen has all new appliances and countertops, new lights, fans, carpet and tile throughout.
Totally renovated and move-in ready.
SALE PRICE: $81,500
MINIMUM DOWN PAYMENT: $2,500
CREDITS: Down payment and $100/mo go towards purchase price, if closed within the 2 year term of the option
** not a guarantee of price appreciation
Why is it good for me?
- You can live in the house while repairing your credit or securing your financing.
- You can move in immediately. You don’t have to wait for anybody but yourself.
- You lock in a price. With recent real estate appreciation trends, this house could be worth more than
what you pay for it by the time you close the deal.**
- You can show a lender that you are trying to buy a home you’re already living in and paying for. Banks
generally look favorably upon this. In many cases, you can actually refinance in order to close. With a
refinance, you’ll usually get a better interest rate and lower closing costs. We have lenders that specialize in this
program, although you are welcome to work with anyone you desire.
Why should I buy instead of just renting?
- OWN YOUR OWN HOME!!! No pesky landlords to deal with! :-0
- Build equity. If your home appreciates over time**, you could gain valuable equity simply by
living in your home.
- TAX SAVINGS!!! Did you know that you can deduct the interest paid as part of your mortgage?
This can save you THOUSANDS of dollars EVERY YEAR!!!
- Paint the walls ANY COLOR YOU WANT!!!
- Improvements you make may add to the value of your home – and you get to enjoy the improvements!!!
Why do we use lease options instead of just selling the house immediately?
- Tax savings. Ask how we can pass some of these savings on to you!
- Faster. You get to live in the property while arranging your financing.
- The house doesn't sit empty. Regardless of how nice a neighborhood is, an empty house
is a target for vandalism because there’s no one there to watch it!
How does the rent to own program work?
It is actually a lease with the option to buy the property. You agree to rent the property for a specific monthly
amount. In addition, you make a one time Option Payment that counts toward your eventual purchase of the
property. You can close the deal at any point during the term of the lease (usually one year). You can arrange
financing with any lender of your choice. We can also put you in touch with lenders who we've worked with in the
past.
AVAILABLE RENT TO OWN HOMES:
ADDRESS: 13924 Bonnie, Shannon Hills, AR 72103
BEDS/BATHS: 4/3
MONTHLY RENT: $1,200
APPROXIMATE SQ. FT.: 1,730
FEATURES: big yard, nice quiet street, totally renovated and updated, vaulted ceilings, one-car carport
UPDATES: new paint inside & out, new 40 year roof, three new bathrooms, all with Whirlpool tubs, brand new
kitchen with all new cabinets, appliances, countertops and sinks. This house was gutted to the studs and totally
rebuilt - it's like a new construction home at an older home's price! Check it out today!!
SALE PRICE: $132,500
MINIMUM DOWN PAYMENT: $3,500
CREDITS: Down payment and $100/mo go towards purchase price, if closed within the 2 year term of the option
ADDRESS: 9810 Comstock, Little Rock, AR 72209
BEDS/BATHS: 3/1.5
MONTHLY RENT: $900
APPROXIMATE SQ. FT.: 1,070
FEATURES: big yard, nice quiet street, totally renovated and updated, one-car carport, storage room
UPDATES: new paint inside & out, new 30 year roof, brand new tile and cabinets in bathrooms and new
Whirlpool tub, kitchen has all new appliances and countertops, new lights, fans, carpet and tile throughout.
Totally renovated and move-in ready.
SALE PRICE: $81,500
MINIMUM DOWN PAYMENT: $2,500
CREDITS: Down payment and $100/mo go towards purchase price, if closed within the 2 year term of the option
** not a guarantee of price appreciation
SilverTree Properties, Inc.
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