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Useful links for homebuyers: Property Listings: * www.realtor.com Property Valuation: * www.zillow.com * www.trulia.com/ Mortgage: * realestate.yahoo.com * Pentagon Federal Credit Union * Northpointe Bank County records: * Franklin County Auditor * Franklin County Recorder Map & aerial photo: * Google Maps Local news media: * Columbus Dispatch * NBC 4 Columbus * WBNS-10TV			Rent-to-own (lease-option) maybe the best way to achieve your American Dream Rent to own, otherwise known as lease option, is a type of residential lease between a tenant-buyer and the landlord, which contains a clause that gives the tenant-buyer the right to purchase the house at an agreed-upon price after a certain time, say 1-3 years. The idea is that the tenant-buyer would build a solid financial footing during the lease term, and at the end of the lease term, the tenant-buyer would obtain conventional financing through normal channel that may not be available otherwise. At the lease signing, the tenant-buyer pays the seller a small amount of option fee. During the lease term, there is normally a small extra amount each month that is credited to the purchase price. Therefore, at the end of the lease, the buyer not only have improved his/her financial situation, (s)he would also have accumulated a sizeable equity in the house, which would qualify as part of the down payment. There are many benefits to do rent-to-own (lease-option) when purchasing a house. Some are listed here: · Get to know the ins-and-outs of the house before plunging in. While a normal buyer may spend anywhere between 2-10 hours of time in his/her dream house before making an offer, and that is after multiple visits, you get to stay in your dream house for a year or two. Every little detail will be clear to you. · With a small initial option fee and a small extra monthly rent that will be applied to the purchase price, rent-to-own is a good way to build up the much-needed down payment before getting a conventional loan. This is especially useful for people who love shopping (like yours truly). · With regular on-time payment of rent, rent-to-own/lease-option may also help to build a solid credit, as some landlord reports on-time payment of rental to the credit reporting agencies. With longer history of on-time rental payment, the tenant’s credit score will improve. A high enough credit score is the first step to get a loan, and also an efficient way to lower the cost of such a loan. With these benefits and a good house that you already know, you will enjoy a head start in achieving your American Dream. At www.sunskitehomes.com, we prepare each home to the finest condition. Check out our available home in Columbus, Ohio on the current listings page. For more information about our rent-to-own program and how to qualify, please contact us by e-mail for prompt reply.	(Reserved for ads 1.)
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