Rent to Own Your Home

Would you like to buy a new home -- but can't qualify because of a less-than-stellar credit score?

You can rent to own your home instead.

Loni Colvin, a Warrenton, Virginia Realtor and proprietor of Horizon Real Estate, Inc., is helping clients with blemished credit get into the homes they want through an innovative rent -to-own program she has created.

In response to market demand, Colvin has been working out deals with real estate investors who buy houses and rent them back to her clients.

Part of each rent payment is put into escrow and applied to a down payment at the end of a specified time period -- normally one or two years.

It's a win-win deal for all parties involved. Buyers have a chance to repair their credit and get into the home they want.

And, it offers investors a low-risk place to put their money, with potential for a higher return than they can get in the stock market.

Investors can also feel good, knowing they are helping folks get back on their feet and put a decent roof over their heads at the same time.

Sellers who are upside down on their mortgage payments can also benefit from the rent-to-own program, because it opens up another pool of potential buyers.

If you would like to learn more about how you can benefit from the rent-to-own program either as a buyer, seller, or real estate investor, call Team Loni today at 540-351- 0001.

Horizon Real Estate and Team Loni sells and rents homes in Fauquier, Culpeper and Rappahannock Counties, Virginia.