MyShedRental offers a convenient 36-month rent-to-own program for backyard storage solutions to fit a variety of budgets. Contact us today for the location of your nearest dealer and see how simple it is to get the storage you need, with all the available options to make it uniquely yours.
Rent-to-Own is a legal contract under which a storage building is leased in exchange for a monthly payment with the option to purchase at any point during the lease. Alternately, at any point during the lease you can choose to return the building with no obligation to purchase or keep renting.
Do you need to organize your backyard? Is your attic overflowing? Is it time to get your yard or garden equipment out of the weather? Consider our flexible Rent-to-Own program to help declutter your life. Follow these easy steps to get started:
Since this is a true rental program, there is no credit check required to sign up, and there is no obligation to keep the building. You can return the shed at any time for any reason with no penalty whatsoever.
A. An initial payment equal to 2 months’ rent is required for delivery and setup of the building.
A. Since this is a true rent-to-own and not an installment sale, there is no principal to apply extra money to. However, if your account is up-to-date and you wish to pay extra in any given month, we will hold it in a deposit account to be applied to the discounted early purchase of your building at any time.
A. Your first rental payment will be due 40-45 days after delivery of the building. Thereafter you will receive a monthly invoice approximately 2-1/2 weeks before each payment is due.
A. You won't receive a payment book from us. Instead, you'll receive a monthly invoice so that updated payoff information can always be included.
A. Always make your monthly payment on time and watch the "Discounted Early Payoff" amount on each invoice. When you're able to pay that amount in a single payment, call us and we'll process it and issue your building transfer of ownership.
A. Contact MyShedRental before making any changes to the building. Unauthorized changes may void the warranty.
A. No. The payoff must be paid in a single payment. Remember, if you pay at least $50 extra in a month, that amount will automatically be held in your deposit account and can then be applied toward the final purchase of the building. Please call our office with your payment if you wish to take advantage of this feature.
A. There is no interest rate in a rent-to-own situation. You are simply renting on a month-to-month basis. On a 36-month rental contract, for example, 60% of your net payment is applied toward the purchase of the building.
A. No. Call our office for other alternatives.
A. If your account is delinquent, any back rent due will automatically be added to your payoff.