How can I find rent-to-own homes in Charleston?

First, know all the names and terms: Rent to own, lease/option, and a lease/purchase agreement are often used interchangeably, depending on who you ask.

 Not all properties are advertised this way, but technically, any property can be sold through a rent-to-own agreement.

We help people like you find properties and get through the process with minimal stress or expense.

Any property that is for sale or rent is a potential candidate for a lease agreement with an option to purchase.

The numbers can be calculated in lots of ways – the trick is working with the calculator until you find the agreement that works for the seller or buyer on the same property.

There’s a lot of great properties around Charleston on Craigslist, Zillow, Realtor.com, and even in the newspapers.

You can call and ask if they’d be willing to consider an agreement.

You’ll probably hear a lot of people tell you no, but investing the time can be worth it if you finally hear yes

Keep in mind that most sellers put their properties on the market hoping just to get the best price and walk away.

Even though a lease with an option is often a great arrangement for the buyer and the seller, it’s often offered only after the property has been on the market for a while.

Real estate agents may commonly say no without checking with a seller, but it’s common for sellers to change their mind after their house has been sitting on the market. Advertising terms like “flexible seller” and “will consider terms” often indicate that the seller is becoming increasingly desperate.

Of course, if you see an ad or a sign that offers seller financing, that’s slightly different – that’s where the seller acts as the bank and gives you a loan. You become the owner of the property, and if you don’t pay the loan then you might be hit with a foreclosure.

With a rent-to-own contract, you sign an agreement that is a lease with the option to purchase. You don’t necessarily have to complete the purchase, and you won’t get a foreclosure (but you will forfeit your deposit).

Of course, you can always call us at 843-883-3934 to help you find a great rent-to-own home.

We make it easy!

We help sellers and buyers looking to arrange rent-to-own agreements, so call us or fill out the form below now to get started!

Step 2 - Finish Your Rent-To-Own Buyer Profile (Become A Preferred Buyer)

Spend 3 minutes to let us know what you're looking for. It'll help us find the properties you're looking for. We put those who fill out this form on what we call our "Preferred Buyer" list. Properties get sent out to Preferred Buyers first... then to the general list if Preferred Buyers don't snap it up. It's free. Just shows to us that you're serious.
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Duncan

About Duncan

Duncan Townsend is a native South Carolinian with a degree from Clemson University. His real estate career extends over thirty years and spans many facets of the field including pre-construction sales, land development, property management, home construction, residential renovations, many property investments, and general real estate brokerage. His sales and marketing experience began with US Capital Corporation in Banner Elk, NC in 1980 working on new condominium projects and later moved to Hilton Head Island, SC to continue work on multi-family projects with Raintree Corporation and single family homes with The Hilton Head Plantation Company. In 1991 Duncan established Osprey Construction Company on Johns Island, SC to serve clients in the design and build custom high-end custom homes on Kiawah and Seabrook Islands. His entrepreneurial ventures through Osprey Construction included speculative home and land development, condominium conversions, property renovations, and property management. Duncan has owned and successfully managed short term and long term residential rentals, and commercial office properties. Duncan is a member of the Charleston Trident Association of Realtors, a Construction Specifications Institute Construction Documents Technologist, was an ASTM Standards Committee member and he actively served on the board of directors for the both the Construction Specifications Institute, Mt. Rainier Chapter in Tacoma WA, and for the Seattle Building Enclosure Council. He is also an active member of the Exchange Club of Charleston. An enthusiastic learner, Duncan continues to expand his extensive knowledge of real estate and construction through studies on buyer and seller representation, law updates, property foreclosures, short sales, lease/purchase methods, installment sales, tax strategies for real estate, marketing to find deals, self directed IRAs , private money funding, negotiation strategies, and more.

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