Have a Question or Want a Free Market Report?

Contact Me
Questions? We're Here to Help
Search Listings

Rent to Own

Rent to own option may be for you if you are already renting your property, have a rental portfolio, or have a job transfer and need to move quickly.

Similar to a lease, a rent to own option has an end date to the agreement, normally 2-6 years. In this agreement, the tenant is given the option to buy the property. Jeff Cook Offers acts as the tenant.

In lieu of a security deposit, a non-refundable option fee is paid to the seller for the consideration of the seller creating the lease option opportunity.

At the end of the agreement, the tenant can give the house back to the seller if the tenant decides not to buy the property.

lease options

Simple Rent to Own

If you have little or no equity and are unable to buy property, we can help in a transactional capacity and match your property with a qualified tenant-buyer who wants to buy within two years. 

  1. The seller gives permission for us to market the property for 90 days in order to secure a qualified tenant-buyer.
  2. The qualified tenant-buyer pays Jeff Cook Offers a non-refundable option fee. 
  3. The property is managed by Rent Holy City (Property Management Company).
  4. The qualified tenant-buyer makes monthly rent payments to Rent Holy City.
  5. Rent Holy City pays monthly rent payments to the seller. 


Start the process BELOW or CALL NOW at 843-501-0519 for a free, no-obligation offer.

Rent To Own: Rent A Home And Actually Own It

In the Charleston area, rent to own homes are becoming more and more popular. These programs make it possible for homeowners to rent a home and then purchase it. The program usually starts with the homeowner renting their property from the owner for a fixed period of time. At the end of that time, they can decide whether or not to purchase the house. This option is perfect for people who want to buy a property but not have to pay for it up front. In addition, renting to own homes are typically much more affordable than buying them outright. What are you waiting for?

What is a rent to own home?
A rent to own home in Charleston is a type of program where homeowners can rent a home and then purchase it.

Rent to own homes are typically more affordable than buying them outright because the owner doesn't have to pay for the house up front. The homeowner rents their property from the owner for a fixed period of time, usually 1-2 years. At the end of that time, they can decide whether or not to purchase it. Let's say you want to buy a $300,000 house but don’t want to spend that much money up front; if you rent the house from an owner for one year, and become a tenant buyer in Charleston you will only have to pay $2,500 in rent each month while still saving!.

What are the benefits of renting to own?
Renting to own homes take the stress out of buying a property. If you're not sure if you want to make the commitment and you've never bought a home before, renting to own can help ease your mind. Renting and owning is much more affordable than purchasing the house outright. It's also less stressful because you can terminate your lease any time without paying any penalties. You might also decide that it's not for you and don't want to buy the house at all. This allows you to still own a property while only spending a fraction of the cost that it would be buying it outright.

How can you start renting to own homes?
If you're interested in renting to own homes, one of the first steps would be to find a good renter's insurance policy. This will protect you and your property if anything happens while you're renting out the home. You should also get a tenant buyer or renter's credit report so that there aren't any surprises when it comes time to buy the house.

To start renting to own homes, talk with a lender about getting pre-qualified for a mortgage loan. This way, you know what you can afford and whether or not the loan will be approved before you sign on with the homeowner in question. If everything goes as planned, then you'll have an option between buying and renting from someone else later on down the line.

How does renting to own work with financing?
In Charleston, rent to own home or tenant buyer programs are a method of financing through renting. In essence, you're paying for the property over time. It's different than renting because you'll actually own it at the end.

The process starts with signing a contract with the owner of the home. As the tenant buyer in Charleston, you'll pay a fee and usually have three or more years to pay off your payments. At the end of those three years, if you decide you want to purchase the house, you'll be able to do so at a discounted price. This method is perfect for people who want to buy a property but not have to pay for it up front.

As the housing market continues to be on a real estate rollercoaster, renting to own homes has been on the rise. Rent to own homes in Charleston are a great alternative to the traditional rental experience. Renting to own allows you to save up for a home, pay for all the expenses, and then actually own the home after you pay off the final mortgage. The process can be overwhelming, but with this rent to own guide, you'll be able to find a home that's right for you in no time!

By proceeding, you expressly consent to receive calls and texts at the number you provided, including marketing by auto-dialer, pre-recorded or artificial voice, and email, from Jeff Cook Real Estate about real estate related matters, but not as a condition of purchase. Message frequency varies. You can text Help for help and Stop to cancel. You also agree to our Terms of Service and to our Privacy Policy regarding the information relating to you. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list.