Whether you're in the market to buy a home, sell your home while leveraging the benefits of ownership, or invest your hard earned money in that cash cow we call the real estate market, Bryon Howard can help you.

Buyers/Tenants

If you are in the market to buy a home, you are probably aware of the advantages home ownership provides (tax shelter, appreciation, security, opportunity to build credit, etc). If you are actively seeking homes for sale on a Lease to Purchase agreement, you are either (1) a very smart renter, (2) a very smart real estate investor, (3) not ready to make a purchase commitment, (4) cannot yet purchase a home through conventional means or (5) any combination of the aforementioned.

Home Owners

Are you having trouble selling your house? Are you in need of some cash to cover your home related costs? Then you need a bridge until your house sells. The answer to your problems could be renting-to-own your house instead of just selling it at a very low price. Very important: don't panic and don't sell for less than you can afford! Our program will not only help you to keep your house, but it will also cover part or all of your monthly costs and even find you a buyer.

Here are some features and benefits for the tenant/buyer:

Rent money is working towards the purchase: Every month a portion of your rental payment (typically $100-$500 or more) is credited towards your down payment or off of the sales price.

Much smaller down payment at close: Since the seller is giving you monthly rent credits, there will, in some cases, be a much smaller down payment required at closing.

Increased buying power: When you buy a Lease to Purchase home, you can get into your future home immediately with as little as first month's rent and a $1 option deposit. Compare that to a typical bank or lender who requires 5-30% down plus closing costs and prepaids.

Credit problems okay: Qualification restrictions simply do not exist. You will be approved at the sole discretion of the landlord/seller.

No lengthy escrows or mortgage approvals: Your approval will be based solely at the discretion of the landlord/seller instead of a lender who can take up to a month (or longer) to render a decision.

No taxes, less liability: Since you do not own the home (yet), you will not have to pay property taxes and your liability exposure will be dramatically reduced.

Quick move in time: You can typically take possession of the home in a week or less, instead of conventional move in times of one to three months after your purchase offer is accepted.

Maximum leverage: In most cases, you will spend much less money than you would under a mortgage to control a potentially very expensive, and very profitable, piece of real estate.

Time: Before you actually buy the home, you will have 6-36 months (depending on your agreement) to save for a down payment, repair your credit, find the best interest rates, and research the neighborhood and/or schools.

Minimal maintenance: Structural maintenance problems can be delegated to the landlord/seller.

Privacy: Your name will not be on the title or in the public records until you exercise your option to buy.

Your initial deposit is refundable: Most rent to own programs are designed to make you fail and forfeit your deposit money. As far as we know, RentOwnHouses is the only one to do this: for most of our homes, if you can't/don't qualify for a mortgage by the end of the term, we will refund your deposit. However, we haven't had to do this yet because our buyer success rate is 100%!

Peace of mind: You will have full control of the home and can maintain or improve it however you wish. As opposed to conventional renting, it will be treated as if you were the owner as soon as you move in.

Compare the rent for the house that you are interested in to what you would pay using a mortgage at a bank using this a mortgage calulator, and don't forget to add in the property tax. Keep in mind that there is no property tax on top of the rent and that the rent includes the credits (at least 14%) that will go towards the purchase price. Our rates are based on current bank rate of 5.8%, a term of 40 years, and 5% down.

If you are interesting in renting a home and wish to make an appointment or for general inquiries, please sign up on my website.  http://www.thehowardteam.net

 Thank you!