|
"Randy has been the best landlord I have ever rented from, and when the opportunity to purchase arose he pulled out all stops to make it work for me. I recommend Randy as both a realtor and a landlord." Mark Orstead |
"Dear Randy, The decision to rent to own has been one of the best we have made in our married life. Another great decision was working with the friendly folks at Hughes Real Estate Inc. Randy and his team were always available to take care of whatever came up. They were considerate and attentive, working with our schedule to arrange the original showing of the home (which we immediately fell in love with!), all updating and repairs, and the final run-up to closing as we decided this was the place for us to begin our life in Champaign-Urbana. We would strongly recommend Hughes Real Estate Inc. to anyone interested in renting, renting to own, or flat out purchasing.
Ben and Laura Chandler
|
I needed to downscale to one story on short notice, and Randy Hughes
took over my problem. I had circled ads in the paper and burned tanks
of gas looking for a rental with great disappointment. Randy
personally took over. Not only did he find a place I could enjoy, but
his unquestioning maintenance was as if he were taking care of a family
member. I converted the rent to own option with ease and now consider
Randy a friend. You can trust this man to keep his word and to help
when you have a problem. Bob Auler |
|
"Just a note to let you know how much we appreciated working with you and your company. We originally lease-optioned a house from you 3 years ago. After putting down an option deposit and accumulating a monthly rent credit, we were finally able to fulfill our lifelong dream of home-ownership. We can't thank you enough! You were very professional and honest with us and we will tell everyone we know. Thanks Again! Aaron & Abby Gallagher - Champaign, Illinois |
|
A short term Lease-Option is usually one (1) to two (2) years, but it can be shorter or longer. The tenant-buyer's rent is often partially credited toward the agreed sales price when the Lease-Option is exercised. If the buyer doesn't complete the purchase, he loses the rent credit and part or all of his consideration paid to buy the Lease-Option.
Other advantages of a Lease/Option or "Rent-To-Own":