“There are many benefits to a rent to own agreement when it’s done with a reputable company like Division Property Solutions LLC. We’re with you all along the way during the process. Read below to see how the process works!”

– Division Property Solutions LLC

How Does A Rent To Own – Lease Purchase Home Agreement Work?

The rent to own process is actually pretty simple.

  1. Join our property list and tell us what type of home you’re looking for, your budget, etc (START with the form to the right)
  2. We’ll send you local SW Louisiana rent to own / lease purchase homes that fit your criteria.
  3. If you like a home and want to apply, we’ll give you an application to fill out. Don’t worry – we help people with all kinds of credit and financial situations, and if you can afford the property, we can probably help you to own it.
  4. After you’re approved to rent the property, we’ll agree on a monthly rent amount and the future purchase terms.  Then just sign the documents and move on in!
  5. Move in and pay your rent payments on-time… then you can decide when you are ready to purchase the home on or before the end of your lease/purchase period.

How Long Are Rent To Own / Lease Purchase Terms?

Your lease/purchase agreement (also known as the rent to own contract) will spell out the length of time that you have to complete the purchase of the property – typically 2 years, but in certain circumstances we may extend your option if you need more time to get your credit or downpayment up to the point where you can qualify for a bank loan.

The purchase of your home usually takes place through a traditional mortgage loan, but there are other ways to complete the purchase, depending on your finances.

That’s the process!

Once you’ve completed your mortgage, you’re done – now you own your home!

First step – sign up to find great properties around SW Louisiana just by filling out the form on the upper right of this page.