Rent to Own
Rent to Own
What is Rent-to-Own (RTO)?
A Rent to Own contract is a transaction where a shed is leased in exchange for routine monthly payments with the option to purchase the shed during the rental period. The RTO option is very common in regards to the shed industry. Before making the decision in choosing Rent to Own there are a few things to consider so that this option is right for you.
If you’ve had a problem with your credit in the past, Rent to Own may be a better option. Financial institutions may look at your credit history and be unwilling to lend the money, so Rent to Own is definitely an option to consider.
When you choose the Rent to Own option you have more of an ownership feeling than someone who is just renting a self storage unit. Your storage shed can be conveniently placed at your home for easy and quick access. The buyer has the right, but is not required, to make a purchase of a shed.
WE DO NOT DO CREDIT CHECKS! We offer an affordable alternative to buying your portable building by signing a 36, 48, or 60 month Rent to Own contract. Your first month’s rent is all that is due to get a building delivered to you if you own your home. Our Rent to Own company is a family owned Bank in Tennessee. The monthly payments on 48 and 60 months rental contracts are usually the lowest in the RTO Industry. A portion of your payment each month is credited to the purchase of your shed. Please ask a dealer to show you an example of how this works.
You have four ways to pay your monthly rental payment: ACH, debit card, credit card, or mail a check or money order with a coupon that will be furnished by the Bank.
If you have any questions please contact the nearest dealer so that we can help ease your shed buying experience. Don’t forget to use our Rent To Own calculator to find monthly payments that fit your budget.