Even the Mega-Rich Rent to Own their Dream Homes!

Why Do Even the Mega-Rich Often Rent to Own Their Homes? Because it Makes Sense. On many levels.

* Get to experience the home and the neighborhood before you commit to the actual purchase.

* Instead of just throwing away money on rent, which you will never get back, you can apply part -- or sometimes even ALL -- of your rent payments toward the purchase price of the home, helping you build up the down payment amount mortgage brokers and banks will require you to put down before they give you a loan. Is there any other way you are going to save up $10,000 or $20,000 or more?

Here's a Rent to Own success story about the former President of Facebook (now a mega-rich investment fund director, and founder of the newly popular music-sharing website, Spotify) and how he rented his new $20 million dollar home from some other mega-rich person before finally making the purchase,

Sean Parker, Spotify and Founder's Fund
Location: New York
Cost: $20 million
Bedrooms: 6
Bathrooms: 7 full, 1 half
Square footage: 7,500

Sean Parker disputes his bad boy portrayal by Justin Timberlake in the 2010 film "The Social Network." But the former Facebook president and Napster co-founder is certainly living it up in his new home, a $20 million West Village townhouse known as the Bacchus House.

Formerly owned by Italian liquor heir Enrico Cinzano, it includes an indoor pool and gym, garage, theater, a chef's kitchen and an elevator.

Parker, now a managing director at the Founders Fund, a San Francisco venture capital firm, and a director of Spotify, an online music service, PURCHASED THE HOME LAST YEAR, AFTER RENTING IT FOR SOME TIME, and throwing his share of over-the-top parties.

Call us at 630-697-4500 and we'll help you rent to own your dream home too!

Adam and Diane St. James
MyHappyHomeSolutions.com

The American Dream... deferred?

Do you dream of owning a home but your credit is not good enough to qualify for a loan?

You are not alone. Millions of Americans have credit scores that have been decimated by medical bills, credit card overspending, unforeseen emergencies and more.

Does that mean you have to wait to own a home?

Not anymore. Even as banks get more strict about their lending rules and fewer and fewer loans are approved, savvy buyers are learning there are more creative ways to buy a home besides just qualifying for a bank loan.

One of the best ways to buy a home and start building equity NOW is by renting to own.

You are probably renting already. Imagine if half or even all of your rent was going directly to pay for the purchase of your home! You can qualify for that as a rent-to-own tenant, even if your credit score is low.

There are three major factors that determine if you can rent to own:

1) Can you pay your rent ON TIME, EVERY MONTH in order to earn your rent credit of 50% to 100% towards your purchase price?

2) Can you handle your own REPAIRS AND MAINTENANCE on the home just as a fully vested homeowner would?

3) Can you pay 3 to 10% option consideration up front to move into your dream home?

If you answered yes to these three questions, then you have taken the first important step to becoming a homeowner.

Don't let the economy, your friends or the media tell you that you can't have the American Dream, or that you have to wait. There is no need to defer your dreams; you can buy now!

At Happy Home Solutions, we help renters stop throwing their money away on rent by moving them into rent-to-own homes.

We just helped a couple from Cicero, Illinois move from a third-story walk-up apartment to a beautiful, 3 bedroom, fully rehabbed house in Waukegan, Illinois for a payment that is LESS EACH MONTH than they were paying in rent!

In my next post, I will provide a link of Marlena describing how excited she is to be purchasing her first home.

Let us help you be our next success story.

Contact Diane St. James at dianej-stjames@usa.net or 630-780-HOME to take that first step toward YOUR American Dream.