We are always open to your experiences and ideas and want to be available to you if you are having difficulty with website access. In such instances, please feel free to contact           

Geno Stopowenko @ 813.365.5945  

geno@centralflhomehunters.com

​How Does Rent To Own Work

​​​​ rent to own homes rent2own

​   ​Your next DREAM HOMErent to own home leaseto own

Let's get started

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Step One: The Rent to Own Application/ How Does Rent to Own Work

The first step is to apply for the program. To begin the application process, first review the qualification requirements here on this website. Once you have done that, then complete the pre-qualification application which will let us know if you are a good candidate for the program. If you are, we will ask you to complete the full application including background and credit checks. Please note that there is not a fee for this and the credit check is a soft pull so it will not affect your credit. Up to 2 people can be on the application. Both of them have to pass all qualifications in order for their income to be counted towards the budget. If more people are going to live in the home doesn't need their income to count towards the budget, they can be added to the lease later. Additional occupants don't have to upload all the income docs and do the whole application just to live there.

Your full application is processed within 2-3 days. If approved, the group will notify you of the maximum rent amount that you qualify for.

Step Two: The Tampa Bay Area Home Search

You will meet with Geno- RE/MAX Realty Unlimited and begin your home search! Of course, you have the things you want in a home and the investor has some minimum requirements as well. Once we find the home you want, Geno will submit the home for approval. Home approval generally takes less than 8-business hours and once you sign off on the rent amount, we will prepare to submit an offer to the seller.
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Step Three: The Home Purchase

In order to send in an offer to the seller you will place a $500 good faith deposit. Geno will work closely with our investor to negotiate the cash purchase of the home that you selected. This is where patience comes in. The seller may take our first offer or may chose to negotiate which could take several days. Once a purchase price is agreed upon between the buyer and seller, our investor will ask you to sign the lease and the right to purchase agreement Once the offer is received you will then place 1% of the purchase price down and then just prior to move in you'll place the remaining 1% down and the first months rent.

Step Four: The Closing & Move In

Once closing has occurred, you will receive your keys to move immediately the day after closing!

Conventional Purchases- www.centralFLhomehunters.com