FAQ

A lease purchase option is a similar real estate transaction that allows you to lease a property with the option to purchase the property at the end of the lease term. The main difference is that with a lease purchase option, you're required to purchase the property at the end of the lease term.

When you enter into a rent to own or lease purchase agreement, you'll sign a lease agreement that outlines the terms of the lease, including the monthly rent payment, the length of the lease term, and any additional fees or charges. A portion of your monthly rent payment will go towards building equity in the property, which can be used towards the purchase price if you decide to exercise your option to buy.

Rent to own properties and lease purchase options offer flexibility for individuals who may not be ready to commit to a long-term mortgage. They also offer the opportunity to build equity in the property over time, and can make it easier for you to become a homeowner in the Washington DC metropolitan area.

 We do not provide financing directly, but we can work with you to explore financing options that may be available to you.

If you decide not to exercise your option to buy at the end of the lease term, you can simply walk away from the property without any further obligation.

If you default on your rent payments during the lease term, you may be subject to eviction or other legal action. It's important to make sure you're able to meet your monthly rent obligations before entering into a rent to own or lease purchase agreement.

To get started with our rent to own or lease purchase programs, contact us today to schedule a consultation. We'll work with you to determine if our programs are the right fit for your needs, and help you find the right home for you and your family in Washington DC, MD and VA.