Saving money for a home can be tough, especially when you’re paying rent each month. Many renters itching to become homeowners may feel stuck in endless leases. But it doesn’t have to be that way. When you lease to own in Austin, you can begin saving for your future home without saving additional money each month!

At Cerca at The Domain, our Lease to Own Program in Austin is going above and beyond. We are contributing 100% of your deposit and 100% of your monthly payments to your down payment! That means in just four months, you could see to up $15,000 saved. Contact us to learn more about our rent to own program in Austin.

What are Rent to Own Homes in Austin Tx?

Rent to own homes, otherwise called lease to own, make it easier for renters to purchase a home. Many lease to own properties in Austin allow you to apply a percentage of your deposit and monthly rent towards your down payment on the house.

However, at Cerca at The Domain, we’re allowing those in our Lease to Own Program to apply 100% of their deposit and monthly payment to their down payment!

Why Should You Lease to Own in Austin?

There are major benefits to rent to own programs, but they are different than the traditional home-buying experience. Depending on your circumstances and priorities, you may decide that the rent to own option is the best for you!

#1 You Need More Time to Save

One of the biggest reasons to lease to own in Austin is the opportunity to save money. Saving money on top of paying for monthly rent isn’t easy for many people. With a rent to buy home in Austin, you don’t have to save additional funds each month. Instead, a portion (or all) of your funds go towards your future home.

With Cerca at The Domain, we want you to be able to save fast, so you can buy your new home ASAP. That’s why we’re allowing those in the Lease to Own Program to put 100% of their deposit and monthly rent towards their down payment.

#2 You’re Not Ready to Commit

With many rent to own programs, at the end of a given period, you’ll make the choice to buy the home you’ve been saving for. If for some reason, you’ve decided that the home is no longer the best fit for you, you can choose to exit the program. Of course, you’ll want to check the specific contract you’ve agreed to. This may feel more comfortable for those new to an area or who need more time to decide if the home is a good fit.

#3 You Need to Work on Your Credit Score

In order to get the best interest rate on your future mortgage, your credit score needs to be in tip-top shape. One way to do that is by renting! If your landlord or complex reports your monthly rent to credit bureaus, then you can build your credit score and your down payment while you participate in the lease to own program.

Interested in Lease to Own in Austin? Explore Cerca at The Domain! You can apply 100% of your deposit and rent to your future down payment. Soon, you’ll be a proud new owner of a two-bedroom, two-bathroom townhouse in North Austin.