Rent to Own

Dated: 02/15/2019

Views: 231

Are you ready to move into your forever home, but your credit still needs to catch up? I’m a partner agent of Divvy Homes, a lease option program that can get you into your home now! They buy the home that you choose, and you’ll rent until you’re ready to buy it back. I can guide you through their approval process and then we can shop from almost any home for sale.

 

Here are the main requirements of Divvy’s approval process:

  • Applicants must be currently employed

  • Applicants must have been employed for the past 12 months (multiple jobs are fine)

  • Average monthly income of at least $2,300/month

  • Applicant can comfortably afford their Divvy monthly payment

  • Credit score of at least 550

  • If applicants have declared bankruptcy, their bankruptcy has been discharged over 12 months ago

  • Have at least $1,300 saved up and ready to go for a down payment

How the process works:

  1. Visit divvyhomes.com/a/agentsaraeddy to get pre approved.  Don't worry the initial pre approval is a soft credit pull and will NOT hurt your credit score.

  2. Choose a home currently for sale in your area!

  3. Make a 2% or greater Divvy down payment.

  4. Lease for up to 3 years, building equity credits every month as you do.

  5. Buy the home back! Divvy provides up to a 10% down payment with no additional costs or money down from you.

If you would like to know more about the program please feel free to contact me!  Sarasneohomes@gmail.com or 330.310.5259

Blog author image

Sara Eddy

After all these years I have finally found my passion! As a graduate of The University of Akron, I have an extensive and highly impressive marketing background, which I put to work in helping my clien....

3 comments in this topic

  • Posted by Jack Smith
    05/14/2019
    We would like to see this property
  • Posted by Jack Smith
    05/14/2019
    We would like to see this property
  • Posted by Jack Smith
    05/20/2019
    When can we see this

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