Home buyers with recent concerns such as lack of credit or bad credit, medical related issues, divorce, past bankruptcies, self employment or first time home buyers with no credit are all seriously exploring RENT TO OWN options when contemplating their home buying choices.
Chicago,Illinois,March,24,2008 — Pinyon Properties, Inc., a Chicago based real estate company, launched ChicagoRentToOwnHomes.com in 2007 specializing in rent to own homes, also know as lease option, lease purchase or lease with the option to buy.
The company’s primary focus is in the Western Suburbs of Chicago, targeting affordable homes in the median income range. The rent to own homes are all in wonderful condition… many are near new, most are less than 10 years old and at bare minimum have just been renovated.
ChicagoRentToOwnHomes.com works with buyers who are in need of home buying help. Most of the buyers fall into one of the following categories:
• Recently Divorced – credit suffered as a result
• New Job or Self Employed – need time to build stable work history
• Recent Bankruptcy – in the process of rebuilding credit history
• Health Related Issues – unforeseen health issue damaged credit
• First Time Buyer – lack of credit or no credit history
• Lack of Down Payment – need time to build a down payment
“The typical rent to own buyer desperately wants to become a home owner but may only have a small down payment available or their credit scores aren’t sufficient to qualify for a reasonable mortgage. The rent to own buyer will typically need about 6 – 24 months to rebuild credit, accrue rent credits, and to save money for their down payment. The advantage: they can live in the home now while they get their financials affairs in orderâ€
Credit repair is a very big part of the rent to own process. ChicagoRentToOwnHomes.com works with a select number of local businesses who can provide comprehensive credit repair and lending services to future buyers.
The results have been fantastic thus far. Hear what people are saying:
“My husband and I would like to thank you for the time and effort in helping us find a wonderful home for our family so quickly. Working with you and Chicago Rent To Own Homes has been both a pleasant and easy experience. Your program is very much appreciated for hard working families like ours who have had a difficult time trying to purchase a home. I will definitely recommend you to others looking for a rent to own home of their own. Thank you again! P.S. My children love their new back yard. Sincerely, The Davis Familyâ€
“I just wanted to thank you for all of your help and patience with helping my family find just the right home for us. The process was much smoother than I ever imagined it could be. Due to our financial hardships I never thought we would be on the road to being homeowners again. But with your help and the (the lenders) help that will no longer be just a dream. Thank you again. I will recommend you to everyone who will listen, Jennifer â€
ChicagoRentToOwnHomes.com would be happy to discuss all your options and educate you on the rent to own process when your in the market for your next home.
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Contact Information:
Jay Mathison
chicago rent to own homes Chicago
chicago,Illinois
+ 44 222 656
[email protected] ([email protected])
http://www.chicagorenttoownhomes.com/
