How’s the next generation ever going to buy a home?

Have you ever considered how the next generation will afford to buy a home?

For many young adults, the dream of future homeownership may seem completely out of reach. They face an unstable housing market, with record high prices and limited affordable inventory. As well, there is the threat of rising interest rates and inflation, which makes ever purchasing a home seem even more unlikely.

Not to mention, by the time they’re wanting to step into homeownership…

  • Most will have struggled to save enough for a down payment
  • Many will have acquired too much debt
  • Some will have had difficulty generating sufficient household income

All of which could prevent them from qualifying for traditional financing and getting approved for a mortgage.

So, what’s the solution?

Options seem few and far between, and the results can be detrimental.

  • The bank of mom and dad
  • Rent and pray
  • Never leave home

For those struggling to get a mortgage, the options appear to be limited and loathsome. No one wants to tap into their parents’ retirement savings to get started. Few people ever get out of the rent cycle after they’re in it. And, who really wants to live in their parent’s basement forever?

These aren’t solutions!

The solution needs to be comprehensive.

It needs to include a plan that gets future home buyers into a house today, helps them build their credit score and save for a down payment, and sets them up to qualify for traditional financing.

The next generation shouldn’t have to give up on their dreams of homeownership. The future of home buying may seem uncertain, but that doesn’t mean it’s impossible.

Despite having few reasonable options available to them, JAAG’s Rent to Home Solution provides today’s young adults with a safe and reliable method of purchasing a home.

Over 200 future homeowners have discovered their true homebuying potential through JAAG’s Rent to Home Solution — A Simple 4 Step Framework that gives newcomers to the housing market a chance to experience homeownership immediately

Check out JAAG’s Rent to Home Solution

By utilizing JAAG’s Rent to Home Solution, future homebuyers can make their goal of homeownership a reality.

They can experience the stability and freedom to live, decorate, and renovate the way they want. They can enjoy the peace of mind and happiness that comes with homeownership. And they can secure financial freedom while investing in their own home.

The next generation doesn’t have to let traditional financing prevent them from becoming a homeowner.

They can put an end to the rejections with JAAG’s Rent to Home Solution. By utilizing the Simple 4 Step Plan, they can get on the path to homeownership today and start enjoying the benefits of owning their own home immediately.

What is Rent-to-Own Housing?

In real estate, the term rent-to-own (RTO) typically refers to an innovative homeownership solution, wherein a potential homebuyer enters into a lease-purchase agreement.  The process usually consists of four main parts:

  1. Finding and moving into a home today.
  2. Renting for a predetermined period of time (typically 36 to 48 months).
  3. Strengthening credit and finances to qualify for a mortgage.
  4. Purchasing the home at the end of the contract for a predetermined amount.

Rent-to-own agreements are designed to help get people get into homeownership sooner by offering an alternative financing solution. Someone who is struggling to qualify for a mortgage can enter into a lease-purchase contract with a trusted rent-to-own company, like JAAG Properties, enabling them to move into their future home today. [*]

Potential homeowners have the option to enter into a rent-to-own lease agreement for a set period of time (typically 36 to 48 months), with the option to purchase the home at the end for a predetermined price — (The final purchase price is agreed upon at the beginning of the contract. And the house will be sold at the agreed upon price, regardless of fluctuations in the market by the end of the deal). [*]

During the lease period of the rent-to-own contract, the “tenant” is required to make monthly payments. A portion of the monthly payment is credited towards the future down payment on the home, while the remainder is collected as monthly rental fees. [*]

Potential homeowners are expected to use the lease period of the rent-to-own contract to improve their chances to qualify for a mortgage at the end of the agreement. This could mean working with credit teams to improve finances and address credit issues. [*]

A successful rent-to-own contract results in the tenant having enough funds for the down payment, getting approved for a mortgage, and purchasing the home at the end of the predetermined time period. [*]

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Learn more about JAAG’s Rent to Home Solution at JAAGPROPERTIES.COM.

To get started, call us at 1-866-JAAG-NOW (that’s 1-866-522-4669).

Have a question? Email us at IN**@JA************.COM.