State where you want your home:			Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming
Select the City:			--- ---
* Email
* First Name
* Home Telephone
Alternate Telephone
Search: Tell me about the rent to own home you want to find:
How Many Bedrooms?		Bathrooms
"Must haves"			Features and Amenities
Now, I just need to know the MAXIMUM amount you can pay every month and for a down payment. The less you put, the less likely you will get enough choices. Just be honest so we don't waste any time.
* Your maximum monthly payment			* Maximum down payment
Select Max. Amount Less than $600 $600 - 700 $700 - 800 $800 - 900 $900 - 1,100 $1,100 - 1,300 $1,300 - 1,500 $1,500 - 1,800 $1,800 - 2,000 $2,000 - 2,300 $2,300+			Select Max. Amount Less than $500 $1,000 $2,000 $3,000 $4,000 $5,000 $7,500 $10,000 $10,000 +
Questions or Comments
YES! Send free information on how to change my utilities over with one call!
* If your information is incorrect or the Maximum monthly or down payment is not indicated, you will not receive the right listings or assistance. Please check entries for accuracy.

Tennessee Lease Purchase Homes

While many people are in the position of actively looking to buy a home, there are so many other people that don’t think they can due to poor credit or lack of a down payment. While many lenders will now lend to people with poor credit or no down payment, the interest rate on such loans is often incredibly high, putting the new home owner in a position of spending a lot more than they have to on interest, which in turn can overextend them financially to the point where they can’t afford to make payments anymore.

Fill in this FREE information request for lease purchase homes=>

However, there is a secret that is starting to come out of the real estate world: Lease purchases. What is a lease purchase? You might have heard the term “Rent to Own” or “Lease Option”. These are all ways of saying essentially the same thing. What it means to lease purchase homes is this – you and the seller sit down and you agree to purchase the home within a certain time frame (this could be 6 months, 1 year, even 3 years…it all depends on what you and the seller work out). At that point, you are basically renting the house from the seller, with one key difference: Part of your rent is a “credit” towards your eventual down payment on the house itself. Again, this amount needs to be worked out between you and the seller, but the benefits for those that can’t seem to pull together enough for a down payment are enormous! You are paying rent to buy a house!!!

However, there are also a number of similarities between lease purchasing a home and the traditional way of buying a home. Eventually, you will have to come up with a loan or the money to buy the house. Remember how it was mentioned that you will agree to purchase a home within “X” months or years? Once that time is up, you need to be ready to purchase the home. If you aren’t, the owner has the option to kick you out of the house, and all of the down payment credit will be lost.