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Inspect a wide variety of rent to own properties in the wider Berkeley area at RentOwn.net. The Berkeley rent to own process is an increasingly popular plan to recover from a bad credit rating through disciplined repayments and saving. A rent to own property in Berkeley grants a home owner the means to grow a lump sum and escape the rent trap. Thank you for using RentOwn the best rent to own website for all Berkeley properties.
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. 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. Rent to own homes offer low monthly payments and flexible terms. Signup to get full property details including street address, contact information, pricing and nearby comparison sales.
Rent To Own Home in Berkeley, CA
At first glance, your monthly payments may seem more expensive than traditional renting, but that’s because you are entering into a long-term lease for a home that ZeroDown custom purchased for you. 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. YP - The Real Yellow PagesSM - helps you find the right local businesses to meet your specific needs.
Even if you aren’t mortgage-ready today, you may be eligible to qualify for ZeroDown’s rent-to-own program. 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. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.
Median Rent in Berkeley, CA
Search results are sorted by a combination of factors to give you a set of choices in response to your search criteria. “Preferred” listings, or those with featured website buttons, indicate YP advertisers who directly provide information about their businesses to help consumers make more informed buying decisions. YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page. 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. With ZeroDown, you’ll have a three-year window where you can enjoy all the benefits of homeownership, with all the flexibility of renting.
If you decide you don't want the home, you can walk away from the deal when your lease ends. With each rent payment, you'll earn Purchase Credits for the home. Once you select a qualifying home, ZeroDown buys it with a cash offer. Move into your dream home, rent it monthly with built-in savings that accumulate towards an eventual down payment.
Oxford Hall Property
Our Berkeley property listings feature direct contact details of rent to own vendors making your rent to own experience that much easier. All the photos of our Berkeley rent to own homes are genuine, because we believe honesty is the best policy. Unlike a financed home purchase, ZeroDown buys homes with cash and a quick close. Because we buy homes with strong cash offers, we are able to negotiate the best price when shopping for your new home.
Everything you need to know about local demographics, nearby schools, public transport, market trends, and more. Create an account to save and share your favorite homes and searches.
We encourage future homeowners to make homes feel like their own. For a full list of permissible renovations, you can check our guidelines. Over the next 3 years, you can buy the home using the Purchase Credits you've been earning each month.
Buy when you're ready -- in 30 days, in 3 years, or any time in between. Therefor, I would highly recommend Everest Properties. ZeroDown’s program is designed to get you closer to homeownership every month you live in the home. ZeroDown offers a faster, more accessible road to homeownership. Pick almost any home listed on the market for sale and rent it while you save up to buy it.
Berkeley, CA is a great place for affordable rent-to-own homes! With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided.
Qualifying for a mortgage is often a headache with steep requirements for your credit, financial record, employment history, and more. You don’t need to be able to qualify for a traditional mortgage to qualify for ZeroDown’s rent-to-own program. At ZeroDown, we make homeownership more accessible for more homebuyers regardless of what a mortgage lender is telling them today.
The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc. 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. We trust RentOwn.net assisted you during your Berkeley rent to own search and contact us with any suggestions you have to help make us even better.
Learn everything you need to know when buying a home with us. Whenever you use Zerodown.com, you earn Zaps, our virtual currency. Max out your Zaps earnings and you’ll get $50/mo off when you rent-to-own a home with us.
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