Frequently Asked Questions
Q: Are you available to meet to discuss the different programs & options?
Yes, you may click here to schedule a meeting or contact your local Account Executive. We welcome you to come in or schedule a phone conference to go over all of the great benefits provided by our programs.
Q: How long is the standard term for a Rent 2 Own or Seller Financing Program Property?
Our terms generally range anywhere from 1 to 10+ years. Most available properties already have a certain length of term assigned and some have flexible lengths of term where you get to choose. If you prefer a term longer than is offered, you may offer with a longer term and we'll try and get it approved.
Q: If I am in the Rent 2 Own Program can I upgrade to the Seller Financing Program for the property I am in and what are the advantages?
At any time during a rent to own you can offer to upgrade to our Seller Financing Program subject to Titleholder acceptance. Titleholders commonly welcome the upgrade. By upgrading, you will instantly begin receiving tax advantages, you will lock in the price and you may even be able to claim a tax write-off on the rent credits that are then converted to closing costs. See our Seller Financing Program page for more information and more benefits.
Q: May I begin to escrow funds toward a deposit prior to entering an offer?
YES! You may arrange a payment plan and begin to save funds for a deposit. This will be interest free and can be refunded at anytime less processing fees should you decide not to offer on a property or are not awarded after placing an offer.
Q: Will I get future financing from Rent2ownMarket.com?
A: While you may choose to go anywhere for permanent financing, Rent2ownMarket.com is affiliated with SAI Mortgage, Inc., amongst others, to provide superior mortgage consulting, originate and process mortgage loans. In many cases you will get to work with the same person who assisted you with your program property offer and entry. We are registered with many different lenders in order to offer all types of mortgage programs, VA and FHA products. We highly recommend consulting with us early in your term to become educated in the many different mortgage options available, figure out what is right for you and help ensure your success in positioning yourself for the greatest chances of achieving your goals. We are also available to assist with your financing needs if you are ready to purchase a home now using conventional financing or complete an existing home refinance. Click Here to Apply for a Mortgage or to request a Free Consultation.
Q: How may I go see the properties you have listed on the site?
For our Program Properties you may click here to obtain the lockbox combination immediately or contact your local Rent2ownMarket.com Account Executive. You may then let yourself into our properties to view or arrange viewing as instructed.
Q: Is the Seller Financing Program more difficult to qualify for than the Rent 2 Own?
No! Neither program has any minimum criteria for qualifying and each application is subject to the individual seller's approval. We are pleased to see most approved!
Q: How much do I need down in order to secure paperwork for the Seller Financing or Rent 2 Own Programs? and what happens to my deposit if my offer or application is not accepted?
You can secure paperwork with the same as a month's payment down OR we can even break that up if need be so you can be sure to secure paperwork now! If you are not awarded or approved your deposit will be promptly refunded or can be applied towards an offer on another property.
Q: Can I offer on more than one property at the same time?
You may complete paperwork to offer on more than one property at the same time but can only have one live offer going at a time. If we determine you will not be awarded on your first choice then we will automatically enter your next choice.
Q: Do I work with the Titleholder or with a Rent2ownMarket.com Account Executive to secure the property?
For all Program Properties, it is important that you work only with a Rent2ownMarket.com Account Executive as we will properly educate you on the program details, go over all of your options and will be able to take care of all the paperwork for you to secure the property. When a property is not vacant, we may have you contact the Titleholder or temporary occupant to arrange a time to see it. The only responsibility of the Titleholder or temporary occupant is to show you the property and it is required that they not discuss any program details or terms. Sometimes sellers may be confused and may incorrectly try to assist you. This is in violation of their agreement with the program and will likely have adverse effects. If ever you are in question, contact your Account Executive.
Q: When I am interested in securing a property, what is the next step?
For all Program Properties, notify your preferred Account Executive as soon as possible to schedule a time to complete paperwork. If you don't have a preferred Account Executive you may contact the Account Executive mentioned in the listing. We will go over your options, terms and take care of the necessary paperwork necessary to secure the property. Deposit funds will need to be certified if you wish to lock in your offer the same day and should be made out to Infinite Business Systems, Inc. Escrow Account.
Q: What if I cannot find a property I like in the Program listings but wish to Rent 2 Own, Purchase or do Seller Financing on another property as if it were in your Programs?
Utilize our OPEN MARKET PROGRAM to do a Rent 2 Own or Seller Financing for a home that is currently for Sale or Rent outside of our programs.
Q: I still have questions that are not answered, what should I do?