Struggling to sell your house? Stuck with double mortgage payments or unable to move into your dream home?

This solution can help! 

 

    • Get your asking price: Lease-purchase allows qualified buyers to become your tenants with the option to buy later. This ensures you receive your desired price.

    • Fast occupancy: Our extensive network of pre-approved lease-purchase applicants can fill your house in just 45-60 days, on average.

    • Zero commissions: Unlike traditional sales, there are no agent fees or commissions. The tenant buyer simply pays our company a flat fee.

    • Reduced maintenance: Tenants with a vested interest in buying generally take excellent care of the property. We also recommend a home warranty for added peace of mind.

    • Potential tax advantages: Lease-purchase arrangements may offer tax benefits like depreciation. Consult with a financial advisor for details.

    • High-quality tenants: Our pre-screened applicants are serious about buying, not just renting. They’re committed to qualifying for ownership within the agreed lease term.

    • Pride of ownership: Tenants on a lease-purchase plan treat the property as their own, taking pride in its upkeep and maintenance.

Lease-Purchase Explained: Answers to Your Questions

Considering a lease-purchase option for your home? Here’s a breakdown of key points and answers to common concerns.

    • What is Lease-Purchase?

It’s a two-part agreement: tenants with the right to buy your property later. They make monthly payments directly to you, aiming to qualify for a mortgage within a set timeframe (typically 12 months). This allows you to receive your asking price while potentially generating extra monthly income.

    • Getting Your Asking Price:

With lease-purchase, you set a future purchase price upfront. Qualified tenants prioritize acquiring the home and are less likely to haggle.

    • Costs Involved:

There are no upfront fees for you! Our company gets paid by the tenant through an assignment fee. 

    • Quality Tenants, Not Renters:

These pre-approved individuals are serious about buying, not just renting. They understand the financial commitment and will likely treat your property with care. Upgrades or renovations might even occur as they plan for ownership.

    • Marketing for Tenant-Buyers:

We actively reach potential buyers through a network of websites, social media platforms, yard signs, and strategic online marketing.

    • Realtors vs. Lease-Purchase:

While using a realtor can expose your property to a wider audience, the Multiple Listing Service (MLS) isn’t the primary source for lease-purchase seekers. We recommend partnering with a realtor if possible, but our program offers an alternative with no upfront costs. In some cases, we may even refer you to a realtor if your situation is better suited for a traditional sale.

    • Maintenance Responsibilities:

The tenant-buyer handles most maintenance concerns. We also recommend a home warranty for additional peace of mind. Major repairs like structural issues or roof problems remain your responsibility under homeowner insurance.

    • Mortgage Qualification Timeline:

While every situation is unique, most tenant-buyers aim to qualify within 12 months. We may require them to address credit blemishes before moving in to expedite the mortgage process.

    • Why Choose Lease-Purchase Over Traditional Renters?

Our program attracts qualified individuals with a strong financial history who might have faced temporary setbacks impacting conventional mortgage approval. They often seek stability and are already established within a desired neighborhood. Lease-purchase provides a chance to build credit and secure ownership within a defined timeframe.

    • What Happens if They Don’t Buy?

The financial investment (non-refundable fees) and emotional attachment to the property incentivize most tenant-buyers to complete the purchase. However, unforeseen circumstances like job loss, death, or divorce could prevent a sale.

    • What if a Buyer Can’t Close Due to Unforeseen Events?

The property remains yours. You can then decide to try another lease-purchase agreement, sell traditionally, or work with a realtor. The choice remains yours; you’re not locked into any further contracts.

We aim to support you throughout the process, from initial inquiries to closing the sale.