H ow the Rent-To-Own Program works:
Our Rent To Own program is geared to those who are serious about wanting to own their home but just need a little time to get their financial ducks in a row. Our program lets you enjoy the perks of home ownership while rebuilding your credit or resolving problems that would prohibit you from buying a home otherwise. The main advantages of buying a home through our Rent-To-Own plan are:
 1. You are guaranteed and locked into a sales price on the front end of your option. You know from the beginning what the sales price will be at the end of the purchase option and you don't have to worry about the price changing and going up. 
2. You will receive the appreciation gained by rising property values during your option term. 
3.Not only will you receive the benefits of rising property values, but you will also be earning equity every month from the monthly equity credit, usually it's $100/month. 
4. You don't have to hassle with property taxes or house insurance during the option term. 
5.There are many other non-monetary advantages such having a place to call home and establishing roots. 
6. You won't have to move every year or 2 because your lease is up.  I hate to move.

The lease/purchase term is normally for 2 years because that seems to work best for most people. The lease/purchase option guarantees the purchase price any time during the term of the lease/purchase agreement. You will receive a $100/month credit for every month during the option term that will be applied back toward the purchase price when you purchase your home. There is a down payment required upon move-in, usually between $6,000 and $12,000, depending upon the house. This down payment will also be credited back toward the purchase price of the house when you purchase it. At the end of the lease/option term, you will have automatically have built up a down payment equal to your down payment plus the $100 monthly accrual.
 For Example: If your monthly rent is $1,500 with a 2 year lease/purchase agreement and you put $8,000 down, at the end of the 2 years you will have a down payment of $10,400 $8,000+ $2,400 ($100/month X 24 months)

                   

    5 acres - 1900 SF-3BR/2BA

11232 Ditch Rd,  Rockvale TN is a freshly rehabbed, 1900 SF, 3Br/2Ba home on 5 private acres located in Rockvale, in- between Murfreesboro and Eagleville and about 12 miles from I-24. It is currently zoned for the Eagleville schools. It has a brand new electric HVAC unit, 

all new electric appliances, new kitchen cabinets, and new flooring throughout. It has a detached workshop ideal for a small business and has plenty of room for vehicles and farm equipment. The land is fenced and would be good for goats and other small farm animals. It is available for sale through our Rent-To-Own program. Rent is 1650 per month. The sales price is $325,000 and there is a $15,000 down payment. To you see the work in progress video go to https://www.youtube.com/watch?v=kvONFJWorug

 For more information or to schedule a showing call Scott at (615)578-6125.

 There is a $50 application fee. The main things I look for on the application are:
1. Household income needs to be approximately 3X the monthly rent.
2   I check your rental history. It doesn't have to be perfect but it needs to show a consistent history of paying your rent in full and on time.
3.  I check for any evictions
4. I check your overall credit history. Again it does not have to be perfect but I require a minimum score of 550. I don't care about medical bills, school loans, or even foreclosures. What I do look for are things that affect your everyday life such as utility bills, car notes, cell phone bills, fast cash loans, etc... I am looking for somebody that has a history of paying the rent and taking care of your home.