If you have been putting off purchasing a home in Boise Idaho, now is your time to buy. There are many reasons people in Boise put off purchasing homes. Sometimes people are just plain scared to own a home and be responsible for making monthly mortgage payments. Other times local Boise people know they do not have good enough credit to get financing for a hosue.
Well if you live in Boise Idaho and you have bad credit now is one of the best times ever to buy a house. With the Boise real estate market on the down turn many people including investors have houses they need to sell or rent. For house buyers like you who have not so great credit the best terms to purchase a house are to buy as a lease option or rent to own.
The rent to own or lease option process is very simple and easy to do, as long as you work with a local reputable company. There are many programs in Boise Idaho but there are only a couple companies who do multiple lease options or rent to owns each and every month. This is how the lease option or rent to own process works in Boise idaho. You contact ExpertHomeOffers.com, you put down a non-refundable down payment on a house you love. This down payment can range anywhere from $2,000 to $20,000 depending on the price of home you are purchasing. When you deposit the down payment you also sign paperwork stating that you are going to buy the house in Boise Idaho within a cretin time frame, usually one to two years from the time you move in. Then you move in the house, in a great city like Boise, make monthly payments, and purchase the house in one to two years.
There are many benefits of doing a rent to own or lease option in Boise. The largest benefit is you have a house you can call home in a great city like Boise. You can paint the walls, have pets, do landscaping projects, and you do not have to worry about a landlord getting upset. Another great benefit of a rent to own or lease option in Boise is the amount of time you have to raise your credit score.
You can also gain appreciation from a lease option or rent to own, and this definitly goes for Boise. When you sign a one or two year lease option you set the price of purchase the day you move in. If the house is worth more in one to two years when you purchase, that equity is yours to keep. Lets face it, real estate is not appreciating 20 percent today, but will it go up in value. I think everyone knows it will and it will for sure in Bosie Idaho.
If you have been renting in Boise, Eagle, Kuna, Nampa or Caldwell, and thinking of buying a house, now is your time to act. ExpertHomeOffers.com has many houses available as part of our rent to won or lease option program. If you can afford a minimal down payment and minimal monthly payments you could be living in your new house as soon as next week. The rent to own or lease option process can be very quick and you could be moving into a new house within days.
If you are interested in a rent to own or lease option house complete our very short buyer form and see what we can do for you. Happy House Buying.