Released on = November 4, 2006, 2:26 pm

Press Release Author = Camelot Marketing

Industry = Real Estate

Press Release Summary = Rent to own home programs ideal for first time home buyers
with bad credit. Also recently divorced single parents can get back into real estate
market and establish credit in their own name.

Press Release Body = According to Jaime Polanco, President of AmeriVision Mortgage
Corporation, rent to own home programs are becoming increasing popular with those
that have bad credit problems and can not normally qualify for a home mortgage loan.

AmeriVision Mortgage Corporation, is a nationwide mortgage company based in Southern
California, specialize in assisting potential home buyers that, at this time, can
not qualify through conventional methods.

"Many have the miss-apprehension that buying a home will overcome or fix a bad
credit situation! They go from mortgage broker to mortgage broker looking for a loan
that does not exist," states Polanco.

"The bad credit situation has to be fixed first before qualifying for a home
mortgage loan, and not the other way around. Rent to own home programs provide that
fix!"

"Beneficiaries from a rent to own home program include those that are recently
divorced, suffered bankruptcy, or where FICO credit scores are too low."

"Rent to own home programs, also know as lease options, are unlike regular mortgages
because the applicant does not have to qualify for a loan."

"The first focus is on the ability to make monthly lease payments. As most are
making rental payments already this is not much of an issue. The second focus is on
the future potential for purchasing the home," continues Polanco.

"If there are bad credit issues to overcome, this can be worked on, while living in
the new home. Over time, most credit issues can be corrected."

"Rent to own home or lease option make ideal alternatives for the self-employed,
compared to traditional means of home ownership."

"The lease option rent to own home program original agreement states the purchase
price the day the tenant moves in, and doesn't change. Any increase in the value of
the home belongs to the tenant when the loan is closed."

" Typically, with a lease option monthly payments are less than it would cost to own
the same home. These monthly savings can be put away, and used to increase the down
payment at the time of your purchase."

"Depending on the situation, a tenant can occupy the new home in just a few days or
a move-in date can be scheduled around any current living situations."

"A minimal down payment is required, or down payment assistance is available if
needed. The down payment, and a monthly rent credit, will be deducted from the
purchase price of the new home, reducing the amount of money needed at closing."

"Rent to own home programs help tenants by improving their FICO score and they can
look forward to home ownership in a relatively short period of time," concludes
Polanco.

About AmeriVision Mortgage Corporation.
AmeriVision Mortgage Corporation, is a nationwide mortgage company based in Southern
California, specialize
they specialize in rent to own programs. These programs give potential buyers that,
at this time, can not qualify through conventional methods, the opportunity of
homeownership.

For more information please call 866 398 4664 or go to
http://www.goldmedalmortgage.com/Rent_To_Own_Home_Programs


Web Site = http://www.goldmedalmortgage.com/Rent_To_Own_Home_Programs

Contact Details = Keith Hunt
8190 Orchard Street
Alta Loma , 91701
$$country

9099871233
camelot21@mindspring.com
http://www.goldmedalmortgage.com/Rent_To_Own_Home_Programs