Lease-2-Own
What is Lease-2-Own ?
Lease-2-Own is an option we put together to help you get into a house that eventually you have the option to purchase. We own houses and are continually buying houses to rent to tenants. The difference in Lease-2-Own verses renting is part of your rent goes toward the purchasing of the house. It's that simple.
Benefits of Lease-2-Own
LEASE CREDITS: Each month 20% (Depending the house) of your lease goes towards the purchase of your home, allowing you to build equity in a home now ! Why wait? No more wasting all of your money on rent.
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IMPROVE YOUR CREDIT: No credit ? No problem ! You are creating a strong credit reference while you are lease to own. Lease-2-Own gives you time to build your credit up while you build equity in the home at the same time.
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PRIDE OF HOME OWNERSHIP: Feel what it's like to be a homeowner, not a tenant! Watch how your boss, co-workers, and friends' reaction, once they learn you purchased a home. There is something special that goes along with home ownership status.
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NO BANKS TO DEAL WITH: No more hassle, expense, or time wasted with getting a loan through a bank. Less than perfect credit is no problem! You deal with just one person, me.
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FLEXIBILITY: You have total flexibility – you have the OPTION to buy the home, but not the obligation. Even with a signed 2 year lease if you opt out of it at the end of the lease, there is no additional penalties.
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IMPROVING THE HOME: Because you will own this property soon, any improvements that you do will increase the value of the property and build up your equity.
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LOCKED IN PRICE: As an option to you, we can set the purchase price at the beginning of your Lease-2-Own agreement for the what you will purchase the house for in the future, so you always know what you'll be paying - no surprises! You will have guaranteed equity in the home
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NO COMITMENT: If at the end of the of your contract you decide not to buy or continue renting there is no hassle.
How it Works
# 1A – You come to us and look at one of our existing homes and we lease it to you, giving you the exclusive option to buy the home after your Lease-2-Own term. When you buy the home from us, part of the rent you have paid comes back to you giving you equity in your house before you even buy it.
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# 1B – You pick the home, and then we come in and buy that house and lease it to you, giving you the exclusive option to buy the home after your lease term (rent-to-own). When you buy the home from us, part of the rent you have paid comes back to you.
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# 2 – Since we can buy the home for you, any of the 1000s of homes that are currently for sale are available for Lease-2-Own . So we work together with you to find your dream home that fits your budget, in the location of your choice and with the features you desire. Any home that is currently for sale is a potential Lease-2-Own home (new or old).
# 3 – At the end of your lease term, you have the option to take full ownership of your dream home. When you buy the home, part of your lease you have paid comes back to you. You qualify for a loan with the lender of your choice and you become the proud owner of your dream home. home.