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In today's
mortgage crisis, RTO homes are a win-win for both the investor
and renter working towards home ownership.
Denny Huston, Regional V.P and Master Franchisor Advantage Rent to Own
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| Denny Huston |
Advantage Rent-to-Own announced
that RTO industry veteran Denny Huston has joined the
organization as Regional Vice President over covering seventeen
states throughout the Midwest and South to Texas, as well as
serving as an authorized Master Licensee for the company.
Denny Huston comes to Advantage RTO with extensive RTO
experience as previous General Manager of ABC Rentals for Bud
Holliday and later as owner of a chain of RTO stores in Central
and South Texas. Huston has also served as a Rent to own Industry
consultant and now offers his rental-purchase expertise to the
proven Rent to Own home market.
With a unique 3-year program, Advantage Rent-to-Own provides
incentives and support making it possible for renters to achieve
their dream of home ownership. "With today's housing market
collapse, lenders are gun-shy loaning money without extremely
good credit and/or 20% or more down," explains Denny. With 'zero
down' and 'non-qualifying' loans long gone, credit-challenged
individuals are finding it more difficult to qualify for home
mortgages. But through Advantage RTO, renters enjoy building up
equity into a property that they will someday own."
Through the Advantage RTO program, renters can typically get
into the home of their choice and pay competitive rent, while
having 25% of their rent apply to towards a down payment on a 2
or 3-year term. During that term, the renter is receiving credit
counseling in order to improve their credit rating which will
have a direct effect on the interest rate they will receive at
the time of closing in 2-3 years. Instead of the potential home
owner needing 20% down in a $200,000 home, the program puts a
renter into a home, gets them pre-approved for a loan in 2-3
years with everything held in escrow through a title company,
along the way the renter is working towards ownership by
building their credit worthiness and down payment requirements.
Further benefits include government tax credits and a
substantial rent credit upon completion of the 3 year program.
Licensee Information - provided by Advantage Rent to Own
In a contracting relationship between Farnsworth Realty
Brokerage Specialists (sponsor), and CAC Marketing Group,
Advantage Rent-to-Own is seeking RTO professionals and/or
experienced real estate brokers to partner with licensed real
estate brokers or realtors to grow the "Advantage Rent-to-Own a
New Home" program in all major markets throughout the entire
Midwest, Central, South and Southwest Regions.
Advantage RTO provides professional training and continued
support in every area from licensing to marketing and
technology. RTO professionals can either work hand-in-hand with
a licensed broker-agent as a lead source earning commissions on
both the front and back ends, and/or they can be more hands-on
and work in a joint-partnership role with the broker-agents and
actually be involved in overseeing a completely different RTO
division within their real estate operations. "First RTO TVs,
then came appliances and home furnishings, lately tires and
wheels and even automobiles have proven successful. RTO homes is
now the most recent in the progression of just how far the RTO
industry can expand," says Huston. According to Huston, the
Rent-to-Own business model is successfully growing throughout
the country, and Advantage Rent-to-Own.
"As a broker-partner, you have the opportunity to provide a
business that is needed in every community, by providing every
credit-challenged individual who wishes to own a home the
opportunity to do so," says Huston.
Licenses and Territories for qualified applicants are now
available. For more information about the Advantage Rent-to-Own
System and opportunities within the organization contact: Denny
Huston, Regional V. President and Master Licensee call
(877)-CAC-RTO1 (222-7861) or e-mail
Dencotx@satx.rr.com.
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only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
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