Jarrah Sells Houses is a website designed to find your dream home. Whether you are looking to rent, buy, or are thinking about a rent-to-own option, we have a solution for you.
WHO IS JARRAH?
An investor since 2006 and resident of Taney County since 2001, Jarrah is your regional real estate expert. With a background in real estate investing and crisis management , she is both insightful and sensitive to the needs of her clients. For Jarrah, real estate is an opportunity to help people with, what is for many, the most important transition they will make in their lives - buying a house. Jarrah and her husband Chris, make Branson, Missouri their home along with their one child, Atlas, a 200 lb Harlequin Great Dane.
Rent-To-Own:
Rent-to-own, otherwise known as a “lease with option to purchase” or a lease-option, is a way to buy the right house at the right time. Rent-To-Own allows you to lease the property, until you can purchase the property at an agreed upon price. Usually there is a 1-3 year lease period, which allows the buyer time to fix credit, save money or make sure they like the house.
Work For Equity:
This is exactly the same as a Rent-To-Own, except these homes need some work/repairs. Many people like these homes as they can do the work themselves and create “sweat equity”. You get to choose the way you want the house to look. These homes are generally offered at much lower prices and option fees are much less
Benefits of Rent To Own (Lease to Own):
- Opportunity to Own Your Dream Home. Many people find their dream home but need time to make their purchase. The Rent To Own program not only allows you to have that time, but also allows you to live in your home before you decide on exercising the option to purchase.
- Make Your Down Payment an Investment. Your entire down payment at closing will be credited to your purchase price at the time of sale.
- Potential to Own With Any Credit. Whether you've had late payments, a bankruptcy or simply haven’t had enough time to build up your credit, a Rent to Own home can enable you to build equity and repair credit while renting.
- Maintain Your Flexibility. Rent To Own enables you to build your equity in a home, but also gives you the flexibility to walk away from the property at the end of your lease term, should you decide you don’t want to make the purchase.
- Profits from Appreciation. The purchase price is fixed in the beginning and is not negotiable after an agreement is signed by both the buyer and seller. Fast growth markets may enable extra equity gains for the buyer.
- Upfront Timing. The timing for moving into a Rent To Own home can be much shorter than purchasing a home, as much of the paperwork takes place at the end of your lease, should you exercise your option to purchase and be approved for a mortgage.
- Flexibility with Requirements: Restrictions are up to the seller which means there could be more flexibility with credit, etc. You prove your ability to purchase the home by making rent payments every month.
- Credit Improvement Specialists Available. Once approved for our program, we will get you with the right people to help with your personal situation. Our credit experts can help you build your credit to the point of making a purchase at the end of your lease.
- Preparation for Home Ownership. The Rent To Own process affords you, as the buyer, the opportunity to prepare for what is necessary when owning your own home. Typically, you will be responsible for the daily maintenance and upkeep of the home and yard depending on the terms of the Rent To Own agreement.
- Minimum Expenditures out of Pocket: When you buy a home, you need a down payment that is at least 3.5% of the purchase price of the home as well as closing costs. Here, you’ll only pay a normal rental security deposit typically plus the option fee deposit.
We Are NOT Realtors®
Jarrah Sells Houses is neither a real estate agency nor is it associated with one. Unlike Realtors®, we have a financial interest in the properties we sell. We are Real Estate Investors.