MORE INFORMATION ON LEASE OPTIONS
WHAT IS A LEASE OPTION?
Quite simply, a lease option is a rental (or lease) agreement with a clause giving the tenant an option to purchase the property at the end of the rental term.
WHO CAN LEASE OPTION?
Anyone can, however, the program offers the most benefits to individuals wishing to buy real estate but without the ability to secure traditional financing. Typically, our clients have good incomes but lack either the down payment or credit scores necessary to secure a satisfactory loan through standard banks and mortgage companies. Others choose to lease-option because they are not sure how long they will stay in an area and/or a given neighborhood and wish to have the flexibility to "walk away" at the end of the lease term.
WHAT ARE THE BENEFITS
To the tenant, lease-option agreements offer:
The ability to move into "your home" today with a minimal down payment
A savings plan (through rent credits) for your purchase down payment
The benefits of property appreciation while you are leasing.
A fixed future purchase price for the property
Time (to save money, repair poor credit, etc)
FILL OUT A LEASE-OPTION FORM TODAY, THERE IS NO OBLIGATION!
STILL HAVE QUESTIONS? CONTACT US
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