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Bad or NO Credit? We Have Rent-to-Own Homes in Powder Springs Available For You!
If you’re tired of renting, and you want to own a home in Powder Springs but your credit, lack of down payment, or income hold you back from qualifying for a normal bank loan… a “rent to own”, often called “lease option” or “lease purchase” may be a great fit for you.
With a lease purchase, you don’t have to face the immediate scrutiny that lenders will put you through, even if you have what you think are “problems”.
We specialize in helping Powder Springs residents earn the satisfaction of being a home owner through our Powder Springs Rent To Own Home Program.
Here are some of the benefits of lease purchasing a home through a lease purchase:
Low option consideration.
Many past credit problems are not a problem.
Less qualifying restrictions.
Purchase price is agreed upon and locked in ahead of time.
You are able to check out the area and house thoroughly before purchasing the house
The property continues to build equity while you are living in it. That equity is yours when you exercise your option!
We offer a home warranty on all properties to cover most repairs such as A/C, water heater, etc.
Option fee is fully credited to the cost of the house.
Part of your rent payment every month is credited to the purchase price, which can also be used towards closing costs.
We work directly with loan officers to assist you in obtaining permanent financing
FirstSource Real Estate Solutions, LLC offers great rent-to-own houses and apartments in and around Powder Springs… in conjunction with our help to get your credit up so you can purchase the home in as short of a timeline as possible.
Want to know when the best properties hit the market?
Powder Springs incorporated as Springville in 1838 on the lands of two Cherokee Indian chiefs, Chief Nose and Chief Ana Kanasta (Sweetwater).
In 1859, the city name changed to Powder Springs, a name derived from the seven springs in the city limits. The water in these springs contains some 26 minerals, ones that turn the surrounding sand black, like gunpowder – hence the name Gunpowder Springs.
People have continued to find their way to Powder Springs since 1838. Its mild climate, rich soil and inviting springs offer health and recreation. More at https://georgia.gov/cities-counties/powder-springs.