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That means you can try out your home before deciding to buy it. ZeroDown’s program is designed to get you closer to homeownership every month you live in the home. Homes for sale tend to be better maintained and more recently renovated than rentals.
Unlike a traditional mortgage, ZeroDown allows you to live in your home without a mortgage or the large cash reserves necessary for a down payment, property taxes, or home insurance. We understand that while a lot of people are ready to be homeowners, their finances may need time to catch up. With ZeroDown, you’ll have a three-year window where you can enjoy all the benefits of homeownership, with all the flexibility of renting. Tomball, TX is a great place for affordable rent-to-own homes! You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase.
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The Tomball rent to own process is an increasingly popular plan to recover from a bad credit rating through disciplined repayments and saving. Renting to buy in Tomball provides you with a popular method to amass a substantial down payment and avoid paying rent to profit somebody else. Spend just $1 for access to all Tomball rent to own homes through our 7 day trial that won't cost you an arm and a leg. Thanks for stopping by RentOwn.net, the foremost website for all Tomball rent to own homes.
Popular Zip Codes in Tomball, TX
Unlike a financed home purchase, ZeroDown buys homes with cash and a quick close. Because we buy homes with strong cash offers, we are able to negotiate the best price when shopping for your new home. While traditional mortgages require an immediate down payment that locks you into a year commitment, ZeroDown gives you a 3-year period to live in a home before you make a down payment.
This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment. Signup to get full property details including street address, contact information, pricing and nearby comparison sales.
Everything you need to know about ZeroDown
We encourage future homeowners to make homes feel like their own. For a full list of permissible renovations, you can check our guidelines. Because homes for sale include disclosures and home inspections, buyers have more information about the history and quality of a home than a renter would. We provide you with these disclosures as well, and our team of property experts will work with you and our agent partner to make sure that any home you move into and eventually buy will be a smart purchase. On our 10% Purchase Credit program, you'd get a refund of 8% of the original home purchase price. Because the Purchase Credits are a percentage of your home’s purchase price, as the home’s purchase price grows, so does the value of your Purchase Credits.
At first glance, your monthly payments may seem more expensive than traditional renting, but that’s because you are entering into a long-term lease for a home that ZeroDown custom purchased for you. Your monthly payment won’t ever change during the 3 years, regardless of the inflation environment. And, your option agreement allows you to earn Purchase Credits and participate in equity upside on the home, which can make your effective rent much lower than comparable rentals. Plus, if you decide you don’t want to buy the home you can always walk away and in some cases receive a portion of your accumulated Purchase Credits.
At ZeroDown, we make homeownership more accessible for more homebuyers regardless of what a mortgage lender is telling them today. Even if you aren’t mortgage-ready today, you may be eligible to qualify for ZeroDown’s rent-to-own program. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Sign up to get full property details including street address, contact information, pricing and nearby comparison sales. Qualifying for a mortgage is often a headache with steep requirements for your credit, financial record, employment history, and more. You don’t need to be able to qualify for a traditional mortgage to qualify for ZeroDown’s rent-to-own program.
Houston Realtors Information Service, Inc., ZeroDown and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Houston Realtors Information Service, Inc. and ZeroDown assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law. The information being provided by ACTRIS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange program of the ACTRIS.
This means when you participate in a rent-to-own program with ZeroDown you’ll be looking at higher quality homes than if you were shopping for a standard rental. With each rent payment, you'll earn Purchase Credits for the home. Use our cost of living calculators to assess how much you’ll need to earn to live comfortably in key cities.
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