Lease To Own
Leasing-to-own a home is a flexible approach to becoming a homeowner when a traditional home purchase may not be feasible. It is often referred to as purchasing a home with “Seller-Financing.” That is, you are able to live in a home that meets your needs without having to obtain a mortgage until a later date. A Seller-Financed arrangement can be a solution to typical obstacles in home buying. Even if you are currently unable to purchase a home, or if you are still a year or two away from buying a home, our program offers the opportunity to purchase your home now with Seller-Financing. A Lease/Option includes a lease agreement, but also includes an exclusive option to purchase the home at a designated price within a specified option term.
Benefits of Seller-Financing:
- Build ownership in a home while you are working to qualify for your own mortgage
- Easy credit approval, even with previous financial difficulty or bankruptcy, however a stable income is required
- Home ownership for self-employed individuals, despite business debt
- Live in your new home even though your previous home is not yet sold
- Flexible seller-financing terms from 12 months to 24 months
- Your own home mortgage financing at end of term
- Fixed purchase price of the home at inception of Seller-Financing arrangement
A lease to own application is required. Download the application here. Email the completed and signed application to info@kenterhomes.com.
Create your User account at https://kenterhomes.managebuilding.com/Resident/portal/login and process the lease to own application fee through the secure payment process.