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DC Landlords: Why Rent to Own?

Want to sell your DC area condo, townhome, or house? “Rent-to-Own” provides an
easy way for potential buyers to purchase your property while you generate revenue
now.

Benefits

  1. Your condo or house won’t languish on the market waiting to sell.
  2. You’ll attract quality tenants who will take care of your property.?
  3. You’ll maximize exposure for your property through our large pool of tenants in DC, MD and VA - most of whom are potential buyers.
  4. Your commission rate will be much lower than standard rates - just 2.5% of the
    sales price.
 
How It Works
  1. Rent locked in when property is listed.
  2. Portion of tenant’s rent goes to purchase of property if s/he decides to buy.
  3. Rent credit starts out high to encourage tenants to buy early on.
  4. Credit diminishes over time. (see chart below)
 
 
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Tenant Buys Within Amount Going Toward Purchase Price
one year 50% of total rent goes to purchase
year and a half 30% of total rent goes to purchase
two years 20% of total rent goes to purchase
 
 
 
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Urban Igloo, LLC , support the spirit and intent of all local, state, and federal fair housing laws for all residents without regard to color, race, religion, sex, marital status, mental or physical disability, age, familial status, sexual orientation, or national origin. Urban Igloo, 900 19th Street, NW, Suite 400 Washington, D.C. 20036

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