The benefit of OWNERSHIP with the flexibility of a RENTAL AGREEMENT.
Are you wishing to buy a building but can’t afford to buy for it outright?
You make a small down payment. We write up a contract “in house” for how much you pay per month and how many months you pay. We deliver your building to the spot of your choice as soon as possible.
If you are already renting a storage unit in town, what could be better than putting that money into a building that will be yours at the end of the payment plan? A building adds to the value of your property, not to mention the convenience of having your possessions in your backyard! Rent-to-Own payments are similar to the amount you pay for a storage unit. With your money going toward owning a building instead of paying on a storage unit for years with nothing to show for it, you are making a wise investment!
Frequently Asked Questions
How long does it take to set up a new rent-to-own agreement?
Only about 5 minutes. Because we don’t do a credit check, it is as easy as you filling in some of your basic information on a new contract and signing it.
Can I pay off more quickly by paying extra every month?
Yes. Any money you pay more than you owe that month will be applied toward purchase of the building. (Example) If your rental payment is $100 and you pay $120, the extra $20, less sales tax, will be applied directly toward the purchase price.
Can I pay a larger down payment to reduce the monthly payment amount?
Yes. (Example) If the building price is $5000 and you pay $2000 down plus tax, your monthly payment will be based on a $3000 balance, saving you money that would have been paid in rent.
What if I decide I no longer need the building?
You are under no obligation to continue renting so if for any reason you want to return the building, you can. It will not affect your credit rating in any way.