Table of Content
- START below and see our available Rent to Own Homes in Orlando FL and the Central Florida area!
- Browse Rent To Own Homes For Sale by city in Florida
- What Type of Rent To Own / Lease Option Houses In Orlando FL Do We Offer?
- More Orlando, FL Property Resources
- Everything you need to know about ZeroDown
- Get Contacted by a Real Estate Agent
There are several large outlets in Orlando, which offer a range of brands at outlet prices as well as the East End Market, which spotlights craftsmen, artisans, and local food enterprises. For those visiting any of the many tourist attractions noted in the section below, a bountiful selection of themed merchandise is available for shopping. Check out Orlando, FL rent to own homes for sale, which may include auction properties, for sale by owner, and more. Signup to get full property details including street address, contact information, pricing and nearby comparison sales.
Our Team will help you apply to the rent to own program – if approved you will receive a pre-approval letter with your maximum monthly rental amount. We acquire 2 – 4 houses every month from homeowners who need to sell for one reason or another. We usually remodel the homes to bring them up to model condition with the latest in appliances, flooring, counter tops and baths. 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. That means you can try out your home before deciding to buy it.
START below and see our available Rent to Own Homes in Orlando FL and the Central Florida area!
Walt Disney World is the most popular vacation resort globally, with more than 58 million visitors a year. There's an endless amount of fun to be had at Disney World and its theme parks. You can stay at the World Resort® or one of the many nearby affordable hotels, but make sure that you visit for at least a few days. At Magic Kingdom, you'll get to see Mickey Mouse, Cinderella, and all your favorite Disney fantasy characters, and enjoy rides, food, and plenty of entertaining events. The Epcot Center will blow you away with space travel, aquatic life, innovation, rides, and more. Visit Hollywood Studios and check out the many exhibits based on all of the most popular Disney movies.
We can assist families with credit score obstacles, relocation, self-employment, previous short sales, bankruptcy, foreclosure etc. Our team understands it’s difficult to obtain a mortgage with these obstacles; If you need additional time to work on improving your situation then the lease with an option to purchase is your perfect opportunity. Sign up for our VIP buyers list and we will find the perfect Lease Option / Rent to Own home for you. The more detail you give us, the quicker we will be able to find you the perfect home. Unlike a financed home purchase, ZeroDown buys homes with cash and a quick close.
Browse Rent To Own Homes For Sale by city in Florida
The following are some common Orlando statistics compared to the U.S. national average. Check out Oviedo, FL rent to own homes for sale, which may include auction properties, for sale by owner, and more. Our goal is to provide you with an experience that is 100% transparent and honest. We accomplish this by reviewing the program in it’s entirety and we invite you to ask as many questions as you please. If you’re ready for an alternative path to home ownership while providing an attractive lease structure then give us a ring, or continue to our qualifications page.
We are the largest producing Rent to Own team in Central Florida. We help renters and potential homeowners consider an alternative path to home ownership by reviewing the Lease with Right to Purchase program. Once you’re approved, one of our specialized Realtors will help you shop from hundreds of available homes.
What Type of Rent To Own / Lease Option Houses In Orlando FL Do We Offer?
Let’s break down the key differences between ZeroDown and a traditional mortgage.A typical mortgage requires a down payment of between 10-20%. With ZeroDown, you can rent-to-own almost any home available as long as you have 2-3% of the purchase price. 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.
Pick almost any home listed on the market for sale and rent it while you save up to buy it. Best known for Disney World and Universal theme parks, Orlando, Florida, is a city in Central Florida, which nearly 270,000 people call home. Situated in the heart of the Sunshine State, Orlando was a quiet, sparsely populated city prior to the 1971 opening of Walt Disney World. Since then, the area has exploded both with amenities for tourists as well as residential neighborhoods for those deciding to settle in the area. Orlando is one of the top 10 places to start a business, has a broad job market, plenty of schools, and retirement villages. Whatever stage of life you're in, if you're looking for great places to live with rent-to-own opportunities, the City Beautiful should be high up on your list.
If you're unfamiliar with the rent-to-own process, we offer a full selection of articles in our on-siterent-to-own articlesso you can stay informed and updated. Think of Purchase Credits as a down payment savings account, that starts at 2% of your home’s current purchase price. Each month that your lease remains current, you earn Purchase Credits. Purchase Credits correlate to a percentage of the home’s value, so 5% Purchase Credits correlates to 5% of the home’s price. The overall average cost of living in Orlando is 1.3% higher than the rest of Florida and 4.1% more than the United States average. While it's not the cheapest place to live, it is close enough to average - especially when you factor in the city's popularity and amenities.
You will have the exclusive opportunity to purchase the home from day one to year five. In the event you don’t purchase the home then your security deposit will be returned. After you are approved we will use the rental approval amount to locate your future home.
Our partners will purchase the home you select then you will get to lease the home for up to five years. Terms of credit during rental period dependent on agreement with homeowner. Terms of credit may affect ability to qualify for home loan at end of lease period.
You can even redo the floors, change the kitchen cabinets, and more. We encourage future homeowners to make homes feel like their own. However, because we’re still financially responsible for the home while you rent it, we don’t allow larger scale renovations that require a permit—like changes to the roof, structure, electrical, mechanical, or plumbing systems. For a full list of permissible renovations, you can check our guidelines. Homes for sale tend to be better maintained and more recently renovated than rentals. 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.
To create a FREE VIP BUYER account and let us know the type of house you’re looking for. Save this search to get email alerts when listings hit the market. Over the next 3 years, you can buy the home using the Purchase Credits you've been earning each month. If you decide you don't want the home, you can walk away from the deal when your lease ends. Our local rent to own homes are move-in ready, in good neighborhoods, and usually fully updated. Enter your information HERE to gain access to GREAT rent to own houses in the Orlando FL area.
Please switch to a supported browser or download one of our Mobile Apps. ZeroDown will also purchase a home warranty for the home when you move in that will cover common repairs and replacements. You will be responsible for making the service requests and paying the appointment service fees. ZeroDown will handle all maintenance and repairs to keep your home safe and habitable during your lease - if there’s an issue with your roof or furnace, we’ll get it fixed.
Neighborhoods in Orlando, FL
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. 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.
Because we buy homes with strong cash offers, we are able to negotiate the best price when shopping for your new home. 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. 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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