No, your Ring33 Home must be your primary residence, and you cannot sublet or sublease a portion or your entire home. However, you may do “hosted” short-term rentals (e.g. hosted Airbnb) in your home, upon our rent to rent option, to the extent permitted by, and subject to, local laws, rules, regulations and restrictions, and the rules, policies and procedures of any applicable rental platform. Please talk to us to learn more about the process. In any event, your Home must remain your primary residence at all times.

Absolutely. Upon the previous owner agreement, You can generally make improvements or modifications to your home that won’t do things that hurt both parties, such as impacting its structural integrity, reducing its value or damaging its landscaping. We just ask that you notify us and give us copies of plans and specifications.

Ring33 owns the title to the home in behalf of one of our selected partners, until you buy it from us.
At the time we lease you a home, you enter into two agreements:

• A lease agreement with the landlord, which covers the 3 years commitment and term, your and our maintenance obligations, and some extra privileges you will have, such as the right to make improvements and renovations. The rest of the lease is based on an industry standard.
• An option to purchase agreement, which covers the accumulation of money you’re piling up during the leasing period, plus the right to buy your home at an agreed price

At the end of year 3, you can buy the home from us in the traditional way, but the downpayment requirement will be partially covered by the amount we’ll give you back. In 3 years you’ll have earned 10% of your Home purchase price. This will make the process much easier.

Ring33 is the middle ground between renting and owning, so you’ll run the show while you’re in your home and be responsible for maintenance. 

No. Ring33 handles within the Ring33 monthly payment property taxes and home insurance.
You do need to obtain renter’s insurance though, through our insurance partner.

Your monthly payment is based on the value of the home you select and will not rise for 3 years. This is the only monthly payment you’ll ever make to Ring33 for the home linked to the Ring33 service, until you buy it. No hidden costs and no hidden fees, ever. You’ll get:

• A house you could not otherwise live in
• A super-powered buying process: a deeper home search support to tune in your quality of life factors, and keys to your home in as little as 30 days from the offer
• A dead simple financial process: no closing costs, no debt, no financing uncertainty, no hidden fees and one monthly payment

Don’t worry, at the moment you don’t have to pay anything and the qualification is free of charge. We’ll ask you a 3 months deposit just before the leasing period, as normally occurs with a rent, which is equal to 3% of the home value.

After we receive all the documentation, we will be in touch between the next 48 hours.

As you’ve already answered some preliminary questions with our pre-qualification form, you’re getting closer to get your qualification approved. Later on, we’ll ask you to provide us with proof of the information you’ve given, including proof of income, to get the full picture completed.

We’ll ask you to provide the information to our credit scoring partner, Faire.ai. Besides, the documentation needed is: your ID, your last tax return report and your last paycheck. We will then work with you to determine your buying power and affordability of the property you’ve selected.

If we happen to need any other information, we’ll reach out to you.

You are free to find your home from our catalogue however you’d like. We can support you in the research or you can use our search engine. As a standard banking rule, you should consider properties with a value you could cover with your yearly net profits in no more than 15 years.