Qualifying for mortgages is one process that home buyers go through before purchasing houses. The low interest rates that are now offered are not available to all borrowers. New types of financing are now available in this decade. Some companies can help men and women get into available houses. The creative financing that is offered by these companies is creating more opportunities for obtaining a rental home in states like Florida.
The JWB Rental Homes company at http://www.jwbrentalhouses.com is one example of an expanding company. This North Florida company is keeping up with current housing trends. This company currently owns and manages mores than one hundred investment properties. These properties have been turned into ready to move into properties for individuals and families. This approach is now helping to house people in the North Florida area who would normally be turned down using traditional financing.
Owner Financing in Jacksonville FL: The Rundown of Benefits
One immediate benefit recognized by renters is the easier application process. Unlike banks or mortgage lenders, creatively financed houses require only basic renter information. Credit checks are not a requirement prior to rental approval. A background check is now a simple component of the application process. These checks help verify criminal histories will not interfere with the rental agreement. A second benefit is the below market housing rental prices that can be found.
Properties in most Florida cities have an open market length of about 10 days. Buyers have a shorter window of time to be placed into a home due to the high demand from other renters. Companies like JWB Rental Homes that are providing property management services can often provide a lower rental rate. Low rent is possible with these types of houses. Prices are listed on the JWB company website that provide the current rates.
Both long and short-term lease agreements can be found through owner financing programs. The ability to live in a home without paying the full market price is another benefit. The elimination of the mortgage qualifying process can speed up the rental process. The application process can be completed quickly to ensure a faster move in period. Because rental houses are usually in tourist areas, the neighborhoods are excellent for schools and local community services.
How to Apply to Owner Financing Companies
JWB Rental Homes is one example of a company using technology to expedite all processes. This company, along with others in the Jacksonville area, are using online forms that are routed to housing experts. These housing applications can be completed using any Internet connection or mobile device. A fast track showings form is marketed by JWB to allow immediate showings for any available property. Buyers can show up in person and review the property location, interior or exterior before submitting a rental application.