“Lease Option” is short for “Lease with Option to Buy”. Sometimes, "Lease Option" is called "Lease Purchase" or "Rent to Buy" or "Rent to Own" or even "Owner Financing".

Credit Problems Happen to Good People!

Lease with option to buy solves the problem of not being able to qualify for bank financing to purchase a home. There are many reasons that a bank can turn down a buyer; Sometimes the buyer doesn’t have a big enough downpayment, not enough time on the job, credit wrecked due to illness, injury, divorce, etc. Bad credit often happens to good people, and sometimes it just takes a few months to bring the credit down, and years to rebuild the credit. Layoffs, injury, divorce and other life events may hurt the credit, but often the individual bounces back and has the income to pay a mortgage and get a bank loan. However, the bank just can’t seem to understand that if you can afford a rental payment and have good rental history, then you’re trustworthy enough to make a mortgage payment. Herein lies the problem: There were financial problems in the past, you’re rebounding and on the way back up, you and your family deserve to live in a beautiful home and get out of renting, you can afford the monthly payment, but the Louisville banks and Louisville mortgage brokers say “No. Come back in a few years after you fixed your credit!”

How we can help you - The "Lease Option" Solution!

And that’s where YourNewHomeToday, right here at home in Louisville, enters the picture. We specialize in beautiful homes. You can move in to your new home within days, even with credit problems, without having to jump through all the flaming hoops required by banks and mortgage brokers. Many buyers have gotten the keys to their new beautiful home within 24 hours of first contact with us. This really works and we have many testimonials from real families right here in the Louisville area. The Lease Option program locks the home in to you. You move in now, and have the right to buy the home at any time within the option period. The option period is usually 2 years, which is plenty of time to overcome credit problems, time on the job issues and other barriers to getting a loan. If you’re currently renting, can you go to your landlord and demand that they sell you the home you’re living in? Are they obligated to let you buy it? No! With our Lease with Option to Buy program, we are obligated to sell the home to you. You don't have to fix your credit before you move in to one of our beautiful homes. First you move in, then you can take your time to properly fix your credit so you can get a low interest home owner loan, and buy the house outright. Right here in the Louisville area, we have helped many people out of renting and into home ownership, and wed love to help you, too.

If you have any questions at all, please call us at (502) 894-9133. We'll answer all your questions.

Click here to view our available beautiful Lease with Option to Buy properties.

Click here to email us any questions you may have.

RentalHousesLouisville.com often has rent to own homes in Bullit or Bullitt County, Oldham County and Jefferson County area. Areas covered by YourNewHomeToday include Highlands, Germantown, Crescent Hill, St. Matthews, PRP Pleasure Ridge Park, Valley Station, Shively, Fairdale, Iroquois, Beuchel, Highview, Okolona, Fern Creek, Hikes Point, Billtown Farms, Greenridge Estates, Grandel Farms, Windsor Forest, New Cut Road, Yorktown, Greenbelt, Eastpoint, Watterson, Gene Snyder, Valley Gardens, Valley Village, Woodridge Lake, Austin Woods, Douglass Hills, Hurstbourne, Candlelight, Confederate Acres, Holly Hills, Stoneridge, Treeline Estates, Bardstown Woods, Oxmoor, Bridlewood, Camp Taylor, Cedar Creek, Charleswood, Cinderella Estates, Cooper Farms, Fegenbush, Heritage Creek, Jefferson Forest, Preston Park, Lake Forest, Acadey Ridge, Smyrna Crossings, Scottsdale, Croftboro Farms, Hwy 22, Buckner, Pewee Valley, J-Town, Middletown, Shepherdsville, Ky, Mt. Washington, Hunters Creek, Hillview, Highview, St Matthews, Greenfield Park, McNeely Lake, Pioneer Village, Anchorage, Doe Valley, Eastwood, Goshen, Harrods Creek, Hurstbourne, Taylorsville Road, Plainview, Hikes Point, Pewee Valley, Saratoga Woods, Oakland Hills, Woods of Farnsley Moorman, Gene Syder Expressway I-265, Watterson Expressway I-264, Washington Green, Indian Falls, Highlands, Taylor Blvd, Churchill Downs area, the South End of Louisville, East End of Louisville, Westport Road, Golf Course communities, Meade County, Hardin County, Spencer County, LaGrange, La Grange, Crestwood, Prospect, and other beautiful neighborhoods in the Louisville Kentucky area!