"Rent to Own" or "Lease with Option to Buy" real estate contracts may be a creative and beneficial arrangement for both buyers and sellers given the right circumstances.

If you are a person or family looking for a home and wanting to explore these options,  please let me know. I may be able to help you get on the right track to (or back to) home ownership.

I have developed a Rent to Own program for those who wish to create a better living situation for themselves. 

These are the requirements and key ingredients to ensure success:

1)   Motivation, determination and patience.

2)   Credit worthiness or the commitment to work on repairing credit.

3)   Financial ability (Income or future potential income).

4)   Finding a property that can either be financed or repaired to become financeable.

5)   Having a seller willing to participate in a "Rent to Own" or "Lease with Option" contract.

6)   Willingness of the buyer to work with financial and Real Estate professionals.

I will post investor or privately owned rental or rent to own homes on this page free of charge - just email me the details.  I can also can give you advice and guidance regarding Rent to Own contracts.

Rent to Own Homes     - Listings may be subject to change        

25 minutes south of Traverse City

3 Bedroom, 1.5 bath home in a pleasant neighborhood. Undergoing extensive renovations and will be available soon.  Interior completely remodeled and includes new kitchen with oak trim and cabinets, natural fireplace, appliances, washer/dryer, water filtration system, metal roof, back deck, natural gas, high speed Internet, oversized 1 car detached garage with workshop and shed and a large backyard. For those who qualify, the monthly lease fee is $640 with a 6 to 18 month Lease with Option to Purchase contract. $2,800 required to move in. Total purchase price of this home is $63,800. Taking applications. Currently listed - this home will qualify for all financing. Ask Mike for help with financing.   

Kalkaska

  Cute 2 Bedroom, 1 full Bath home located in the Village of Kalkaska. Exterior remodeled and interior currently undergoing extensive remodel. Offered as a rental at $565 monthly which includes water/sewer. Lease with option to purchase contract possible. Has a detached 1 car garage, covered front porch and a wonderful, mostly fenced backyard.  Available late Summer 2010.

Rentals  - Listings may be subject to change - Call Mike at 231-570-1111 for further info or to view these.

Fife Lake Area - Available now. Nice stickbuilt with over 2000 sq ft with 3 bedrooms and 2 full baths.  On almost 1 acre of property  $685 monthly.  $785 includes use of detached garage.

  There are other resources in the area as well. Try the rental tab on TAAR.com or any of the local papers.

Updated 7/25/2010