HOW DOES RENT TO OWN FLORIDA MLS. COM WORK? *Note: We don't own these Rent To Own Homes we Just market them.

To find your Rent To Own Florida Dream Home:

1. Join our Buyers List and be the first to receive Rent To Own Florida mls listings to your e mail box.
2. Search our Rent To Own Florida Map to locate your Florida homes by area. 
3. Sign up for our Custom Home Finder program.

When searching our current rent to own listings just click the property to view the Seller(s) contact information and schedule appointment to view the property  with the seller or sellers representative directly. If you like the property and meet the property's Low Down Payment and Lease Option Requirements, usually in less then a Week You can be in a lease option rent to own home!!! 

Sign Up For Our Custom home finder program.

1. We will get you pre approved.
2. Locate a rent to own home that meets your criteria.
3. Get the home under lease with option or owner financing for you within 30 days guaranteed.

ABOUT RENTING TO OWN A FLORIDA HOME

Rent To Own Florida MLS.com specializes in providing Rent To Own Florida homes that you can rent to own via lease option or owner financing. So what does buying a house on  a lease purchase entail? The process is simple and uses (2) two documents: 

1. “RENTAL AGGREMENT” Also known as a lease outlines the terms of rental including monthly payment and length of the lease.
2. "OPTION CONTRACT". Purchasing the option gives you the exclusive right to purchase the home within a certain period of time, at a certain price.

• "RENT CREDITS" In addition, some sellers will give generous monthly rent credits that range from ( 25-100% ) of the monthly rent payment made each month towards the purchase price of the home. The great part is that all of rent credits are applied to the purchase price when you exercise your option to purchase the home. You live in the home while building equity giving you time to secure a mortgage within the option period.

UTILIZING THE LEASE WITH OPTION CONTRACT

Without a doubt, renting to own by way of Lease with Option contract is the quickest, easiest and least expensive way to buy, sell and invest in Florida real estate. Renting to own a home by way of Lease with Option to purchase replaces the typical adversarial relationship that usually exists between Florida home buyers and sellers with a win-win method of transferring ownership of real estate. As a result, it is highly sought after by those who understand the powerful benefits.

RENT TO OWN BUYERS

If you are in the market to buy a Florida home, you are probably aware of the advantages home ownership provides (tax shelter, appreciation, security, etc). If you are actively seeking Florida homes for sale by way of lease with option to purchase agreement, you are either one of the following:

(1) A very smart renter.

(2) Need time to increase your credit score to get the best interest rate for a home loan.

(3) A very smart real estate investor.

(4) Not ready to make a commitment.

(5) any combination of the aforementioned.

The Lease with Option to purchase contract provides you with many features and benefits, but perhaps the most powerful advantage to tenant buyers is the rate at which you accumulate equity. When you compare any lender's loan amortization schedule you find that the first 5 years is nearly all interest. When you rent to own by lease option you typically receive rent credits that will accumulate and build equity quickly much faster than any home loan. Moreover, the buying power of a Lease with Option to purchase contract you can quickly and easily land the Florida home that you could only dream of buying the conventional way.

RENT TO OWN TENANT/BUYER ADVANTAGES 

• MININUM CASH OUT OF POCKET: When you purchase a Florida home the conventional way, you must pay at least 5% down plus closing costs and prepaid fees. When you rent to own by way of Lease with Option to Purchase, you only pay first month's rent and option deposit is usually required. This will save you between 25% and 85% every time you buy a Florida home.
• CREDIT PROBLEMS ARE OKAY: When you rent to own credit qualification restrictions simply do not exist. You will be approved at the sole discretion of the landlord/seller. This gives you time to work on your credit to achieve the best financing.

• QUICK MOVE IN TIME: You can typically take possession of the Florida home in a week or less, instead of conventional move in times of 45 to 60 days, after your offer was accepted.

• MAXIMUM LEVERAGE :You are spending very little (or zero) money to control a potentially very expensive, and very profitable, piece of real estate.

• TIME: Before you actually buy the home, you will have 12-36 months (depending on your agreement) to repair your credit, find the best interest rates, investigate the home and research the neighborhood and/or schools.

• FREQUESTLY NO DOWNPAYMENT NEEDED AT CLOSING: Since you have given the seller an option deposit and you have been receiving monthly rent credits, there will frequently be very little or nothing left to pay for a down payment at closing depending on your financing.

• RENT MONEY WORKING TOWARDS THE PURCHASE: Every month a portion of your rental payment (typically 25-50%) of the rent is credited towards your down payment or off of the sales price.

• FASTER EQUITY GROWTH:Equity accumulates much faster (five times or more!) than with conventional financing through a Florida bank or lender.

• OPTION MONEY CREDITED TOWARDS THE PURCHASE PRICE:When you sign a Lease and an Option to purchase contract, you will pay the seller an option deposit. This money is your vested interest in the Florida home and will be fully (100%) credited to you when you buy the home.

• PROFIT FROM THE INCREASE IN APPRICIATION:Since the sales price is locked in before closing (as specified in your option contract), any increase in property value will mean that your equity (what you owe minus what it's worth) is increasing in the home.

• POSSIBLY SELL FOR PROFIT:Sell the home for profit (if in your agreement), you may sell the home to an end buyer for a profit.

• INCREASE BUYING POWER:When you buy a Florida home by  lease with option to purchase, you can put down very little usually 3-5%. Compare that to a typical bank or lender who requires 5-30% down plus closing costs and prepaids.

• NO LENGTHLY APPROVALS OR ESCROW CLOSINGS:Your approval will be based solely at the discretion of the Florida landlord/seller instead of a Florida mortgage lender who can take up to a month (or longer) to render a decision.

• CONTROL THE HOME:You will be put in full legal control of the home for a specified period of time without actually having to own it.

• 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.

• MINIMAL MAINTENACNE:Large maintenance problems or any maintenance problems that exceed a certain amount of money can be delegated to the landlord/seller.

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

• PEACE OF MIND: You will have full control of the home and can maintain or improve it however you wish.

• Some or all all advantages my apply depending on your Lease and Option.