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Search the many options of homes that are available for rent-to-own on the market
Start your draft of an offer. Think about what will work for both you and the seller. Research and familiarize yourself with the terms purchase price, monthly rent price, option fee, option credit, option period, property tax, HOA fees and more. It is important to understand these terms as you start negotiating and deciding on different prices that could work for you. One key note - all negotiated prices will be set and locked in for the duration of the agreed rental term (even if other housing prices increase or decrease during your rental term).
There are three specific pieces of information you will need to put together - final Rental Agreement, Option Agreement and Sales Contract. Be sure to include looking into lease options that require putting down as little money as possible.
One of the most important steps in the process involves your credit score. It is very important that you - build up your credit to a good score, repair a bad credit score, or maintain a score that is already in good (or better) standing. This will help you when it comes time to purchase your new home!