Providing 'Rent to Own' Service

Queens, New York, May 5, 2017 (Newswire.com) - CPP Realty's "Rent to Own" service provides persons having a difficult time buying or selling their home with a second option. 

The "Rent to Own" (Lease Option) is a type of contract used in both residential and commercial real estate. In a "Rent to Own," the property owner and tenant-buyer agree that, at the end of a specified rental period, the renter has the option of purchasing the property. 

The contract used in a "Rent to Own" agreement typically states the tenant-buyer's rental payments and how much the purchase price of the home would be. CPP Realty "Rent to Own" leases are set up for a two-year period.

Additionally, there are no hidden fees incurred if the tenant-buyer decides to purchase the home before the end of the lease period. If the tenant-buyer requires more time, the leasing agreement can be extended to an additional year after the initial lease terms. 

The "Rent to Own" service that CPP Realty provides can be a good option for homeowners whose home has been on the market for a while and are unable to find a buyer. 

Homeowners benefits include:

• Higher sales price
• Receive monthly payments
• No landlord headaches

Home-buyers benefits include:

• Less upfront costs
• No bank qualification required
• Improved credit while living in future home

For more information, please contact:

Ramon Parchment
[email protected]

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Source: CPP Realty LLC