6965 Alto Rey Ave, El Paso, TX 79912

Refridgerated AC with new duct, new kitchen cabinet, floor tile, new double-pane windows, upgraded lighting fixture, shower rooms and new paint. walking distance one of best high schools in the region. re-grouted rock wall, upgraded front and backyard with rocks. Major grocery store nearby, walking distance This is a "Rent-to-own" property. You will have the option to purchase the home after a specific time period you and the property owner have agreed on. This type of contract is beneficial if you want the flexibility to decide whether to buy the property after renting. During the option period, we would build up your credit score for mortgage. This is NOT owner financing, the tenant will arrange own mortgage/loan. Rent-to-own agreement basics There's no one-size-fits-all approach when it comes to rent-to-own homes. However, these types of transactions typically have several standard components, including: Purchase price: A rent-to-own agreement typically specifies the home's purchase price. In some cases, the price won't be determined until the lease expires, which could benefit sellers if property values increase. Rent payments: The rent-to-own agreement will specify the amount of rent you'll pay each month. Lease term: The contract will specify the terms of the lease and how long you'll be renting before moving forward with a purchase. Lease terms usually last less than three years, Opens overlay, but this can vary depending on the situation. This is a "Rent-to-own" property. You will have the option to purchase the home after a specific time period you and the property owner have agreed on. This type of contract is beneficial if you want the flexibility to decide whether to buy the property after renting. During the option period, we would build up your credit score for mortgage. This is NOT owner financing, you will need to have own mortgage/loan. Rent-to-own agreement basics There's no one-size-fits-all approach when it comes to rent-to-own homes. However, these types of transactions typically have several standard components, including: Purchase price: A rent-to-own agreement typically specifies the home's purchase price. In some cases, the price won't be determined until the lease expires, which could benefit sellers if property values increase. Rent payments: The rent-to-own agreement will specify the amount of rent you'll pay each month. Lease term: The contract will specify the terms of the lease and how long you'll be renting before moving forward with a purchase. Lease terms usually last less than three years, Opens overlay, but this can vary depending on the situation.