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RTO Veteran Turns Dreams into "Realty" With Rent to Own Homes
04-30-08
RTO Online - The rent to own industry's trade website
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RTO Veteran Turns Dreams into "Realty" With Rent to Own Homes

 

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

Denny Huston
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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RTO Online is the official channel for Rent-to-Own Industry News and the only independent source of news for the rent-to-own, rental-purchase, lease-purchase trade. RTO Online (Rent to Own Online) represents the choice of the entire RTO Industry for trusted information, as it happens.

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