Can I Get a Rent to Own Home in Riverside County, California if My Credit is Bad?

Rent to own is increasingly becoming a preferred option among home buyers.

There are a number of reasons for this:

  • Perhaps the best known reason is that renting to own allows you to get into a home sooner — the home you’re eventually going to own — while you save up money to pay for the home.
  • Also, rent to own allows you to get into a home even if you have bad credit. So, many people with bruised credit scores prefer this method as a way to get a nice home for their family without the hardship of having to rent a cramped apartment while they work on their credit.
  • Renting first before buying allows you to “try out” a home before you actually buy it, thus helping you know for sure if it’s the home you want.
  • In recent times, many home buyers (even those with good credit) are finding it harder to get conventional mortgages. This has led to a big rise in the number of people buying homes on a “rent to own” basis.

People love rent to own! When talking about buying a home using the “rent to own” method, we often hear; “But my credit is bad, where can I find rent to own homes in Southern California, and will I even be able to qualify for a home?”.

Rent to Own information for people in Riverside County with bad credit

Even if you have bad credit, owning a home has never been easier with this powerful home ownership strategy. You can rent your way into home ownership easily and without the hassles of apartment living!

In most cases, your credit has much less impact on how you can acquire a property. Often, you just need proof of steady income.

Depending on the agreement and the situation, some of your rent may go toward the purchase price or closing costs in the future. You may need to work on your credit while you live in the house so you can eventually get a mortgage. It all depends on the rent to own situation and it can vary, depending on the agreement.

If you’re interested in learning more about our program and available homes, we’re here to help. We can look at your specific situation and walk you through the entire process. Give us a call at (951) 226-5056 and we’ll be happy to work with you to help you understand the next steps.

Now that you know some of your options, let’s get to the big question…

Where can I find rent to own homes in Riverside County CA?

There are a few offline avenues, such as: checking the classified section of the newspaper (both in the ‘for rent’ and ‘for sale’ sections), calling on “For Rent” signs and asking if the owner would be open to letting you ‘rent to own’ their property, and calling the number on “We Buy Houses” signs to see if they also sell houses.

A much easier way to find these homes, though, is to look online. There is plenty of rent to own information in Riverside County available. You can search Craigslist, or even simply Google “rent to own.” You could also give us a call at (951) 226-5056, and we will tell you about all of our available homes.

Want to find the best source for rent to own homes in Riverside County? We can help. Give us a call at (951) 226-5056 or fill out our online form

 

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