Rent/Rent to Own
GEM Realty Partners created a program through several South Shore Developments for buyers who find themselves in one of the following situations:
- Desire to try living in an area before making a commitment
- Low credit score as a result of bankruptcy, identity theft, previous nonpayment or other circumstances.
- Inability to come up with down payment
During the application process the following will help to offset your situation:
- High Income
- Steady job
- Strong references
- Strong payment history
- Cosigners
- Documents explaining derogatory items on the credit report
How to proceed?
- Step 1: Choose building / unit
- Step 2: Fill out our online Rent/Rent-To-Own application.
- Step 3: Email/Fax us filled out, signed and dated AUTHORIZATION TO RELEASE INFORMATION
- Step 4: Provide a 1-3 month security deposit (depending on application) and sign a lease
- Step 5: Choose finishes with our interior coordinator
- Step 6: Move in and enjoy!!!!!
The program tailored for your needs! If you are able to close within 6 month, you lock in your price and 30% of your rent goes towards equity