The Albuquerque housing market offers a variety of options, but rising costs can make traditional homeownership seem out of reach. Rent-to-own provides a flexible alternative, allowing you to move into your desired home while building equity over time. Our program is designed to empower you to achieve homeownership even if you're still saving for a down payment or improving your credit score. 

At Sandi Pressley Real Estate, we believe that every client deserves personalized attention and a tailor-made real estate experience. Whether you're a first-time homebuyer, a seasoned investor, or looking to sell your property, we take the time to understand your unique goals and requirements.

Our real estate agents in Santa Fe are not just salespeople; they are your partners in the journey to finding the perfect property or selling your current one. We'll work closely with you to identify your preferences, budget, and timeline. We'll answer your questions, provide valuable insights, and guide you through every step of the process, from property search to closing.

Rent-to-own programs provide a unique pathway for aspiring Albuquerque homeowners. Typically, interested tenants enter into a lease agreement with the option to purchase the property at a predetermined price within a specified timeframe, usually spanning several years. Upon signing the agreement, a portion of the monthly rent payments is allocated towards building equity in the home, serving as a form of down payment for the eventual purchase. This setup offers renters the opportunity to test-drive the property and assess its suitability as a long-term investment. Here’s a breakdown of how the process works:

• Find Your Perfect Albuquerque Home: Our team of experienced real estate professionals will guide you through the process of finding a home that meets your needs and budget. We have a wide range of properties available throughout the Albuquerque area.
• Secure Your Rent-to-Own Agreement: Once you've chosen your dream home, we'll work with you to establish a clear and fair rent-to-own agreement. This agreement will outline the terms of your rent, the option to purchase price, and the portion of your rent that goes towards your down payment.  
• Move In and Start Building Equity: With your agreement finalized, you can move into your new home and begin making monthly rent payments. A portion of each payment will be credited towards your down payment, giving you a head start on traditional homeownership.
• Exercise Your Option to Purchase: Throughout your rent-to-own term, you'll have the option to exercise your right to purchase the home at the predetermined price. Having time to live in the house allows you to assess its suitability and make a confident decision.

At Sandi Pressley, we can help you get the home you’re looking for through a rent-to-own program. This offers a multitude of advantages over traditional renting or waiting to save a large down payment:

• Move in Sooner: Skip the extended wait times associated with saving for a traditional down payment and closing costs. Rent-to-own allows you to move into your dream home and start building equity quickly.
• Improve Your Credit: On-time rent payments through our program can positively impact your credit score, making traditional mortgage options more accessible in the future.
• Lock in Today's Price: The agreed-upon purchase price is established at the beginning of your rent-to-own term, protecting you from potential future market fluctuations.
• Expert Guidance: Our team of Albuquerque real estate experts will be with you every step of the way, offering guidance and support throughout the rent-to-own process.