Search for Rentals in Sandy Utah Including "Rent-to-Own"& "Lease-With-an-Option" Properties

Get David's for Help

Are You Searching for a Rental in the Sandy Utah Area?

Yes it's true, looking for a rental property can be pretty difficult these days; most complain that there's just not enough good ones to go around. Good house, rotten neighborhood. Great neighborhood, ugly house. There's always something.

Here's an idea to look into; look for a "rent-to-own" property!

Why?

The Benefits

There's a lot of them. Especially nowadays. And, no commitment. When you sign a rent-to-own agreement, (also known as "lease-with-an-option-to-buy"), it just means that if you choose to purchase later, you can... you have that option.

How about credit issues? No credit. Bad credit. Is it a concern?

Nothing like trying to purchase at the moment, no. Here's why: Most people that are putting up their house as a rent-to-own rental are either very desperate to get help with the mortgage, and desperate means... "not picky about the renter", or they are a professional investor.

Why is that good?

Investors that market their properties as rent-to-own, or lease-with-an-option, are usually smart enough to work with a loan officer that is helping you repair your credit over the next 3, 6 or 12 months so that if you decide to later, you can buy the house.

And here's another great benefit of renting a lease with an option-to-buy property; imagine receiving a part of your rent payment as a credit applied to your down payment for the home if you should choose to buy it later on down the line. Imagine 5, 10 even 15% of your monthly payment going toward the purchase of the home and garden you've become attached to. That's hard to beat.

Do You Want to Rent a Nice House But Have Credit Issues?

But what if your credit is bad, or you have no credit? For most investors bad credit is not a big concern. Typically, they work with a loan officer who will help you repair your credit, often in 6 months or less.

The great thing about rent to own houses is that typically, you get a rent credit, which can be applied to the purchase price of the house. Often, as much as 20% per month for all on-time payments!

Bottom line: Renting can be good. It can be great if you also have the option to buy the house later. Look into it. Ask Dave for help and he'll find one for you.

Ready to Search for a Rent to Own Home and Lease with Options to Buy in Sandy UT?