KFS Property Group
We are very proud of our successful Rent to Own program.
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Own the house as soon as possible
Choose your own paint colors and updates!
Stop throwing away rent money!
Work for Equity
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What it is: This is when you get credit toward the purchase price for making repairs/changes to the house.
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Why you benefit: This will be YOUR house. We recognize that. Whenever possible, we let YOU make the decisions about paint color, appliances, basic upgrades, etc.
Credit Repair
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What it is: You will be required to either enroll in a credit repair program or be working with a mortgage professional to enable you to buy the house.
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Why you benefit: Puts you on the superhighway to home ownership!
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Rent becomes
Down Payment Assistance!
What it is: Part of you monthly rent may be applied to the down payment that you make when you purchase the house.
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Why you benefit: Why throw all that rent money down the toilet? Shouldn't some of it be going toward getting that house as soon as possible? We think so!
Application Criteria for success
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Legal Resident
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So you can close
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Verifiable income must be 3 times the rent
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So you can afford upkeep
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Employed 6 months with current employer
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Minimizes your risk of losing house to hardship
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Have at least 2 years of credit history
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Measures your preparedness for house-related emergencies
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- Bring money to the table
- Indicates your seriousness as a buyer
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No late payments on rent, utilities etc for the past 18 months
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Illustrates that you are ready for the responsibilities of home ownership
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No record of past evictions
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Illustrates that you are ready for the responsibilities of home ownership
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References, move in date and promptness may be weighed in the decision making process.
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