To learn how to become a home owner regardless of your past credit history click the audio link below:
To view our homes click here: marvrousselow.postlets.com Click Application button to complete the LeaseOwn Homes application to find out if you qualify for the LeaseOwn Homes buyer program.
Home Ownership Now Within Your Reach
Have you been declined for a home loan due to credit issues, but have a stable job and rental history? Our Lease-to-Own program will help you move into your dream home and we can help you qualify for the loan when the purchase option is reached. Stop throwing your money away on rent let us walk you down the path to home ownership.
Home Value Promise
Worried about property values? Our promise to you is to make sure your home will appraise for the option purchase price at the end of the option period, or the terms will be locked in for 1, 2 or 3 more years (varies by property). We will help you step by step, so you can enjoy the journey while you move into your dream home.
Lease-to-Own Partners You Can Trust The #1 mistake made by families in your situation is to buy a home from a private party or a fly-by-night real estate investor. Choose the Lease-to-Own company that will help you get into a home immediately and help to insure you will qualify for your loan when it is time.
More Reasons to Choose LeaseOwn Homes
LeaseOwn homes allowed me to purchase the home of my dreams. After filling out the web form I was in my home in3 weeks. That’s Incredible!
Q: How much does it cost to get into a LeaseOwn Home?
A: First month’s payment, A security deposit normally equal to the first month’s payment, the purchase option assignment fee and a $60.00 application fee per adult.
Q: Why do I have to pay a deposit?
A: Just in case you decide not to complete the purchase and there is no damage to the home, the deposit is refunded to you at the completion of the lease term or at the time of purchase of your home.
Q: What is a Purchase Option Assignment Fee?
A: It gives you the rights to purchase the home at the end of the lease period, which means you are the only party that controls the home and no one can buy, sell or mortgage the home during the lease without your permission and you are the sole party who can buy or the sell the home at the end of the lease term.
Q: Why is it a lease and not seller financing?
A: A lease gives you the maximum protection from dishonest real estate owners and investors, you have much more protection from a lease than you do from a seller financing contract created by the owner. 95% of all homes have a mortgage and if a seller does seller financing and has a mortgage it may cause the lender to call the loan due and you may be evicted and the home foreclosed.
Q: How much is the Purchase Option Assignment Fee?
A: If you qualify it as little as $5,000.00 and as high as 3% of the purchase price based on the property and approval, sometimes if approved we can spread all or a portion of the fee over the term of the lease.
Q: What is the purchase price for a LeaseOwn Home?
A: LeaseOwn Homes are owned by investors who bought these homes specifically to make a profit, LeaseOwn Homes negotiates the final purchase price with the investors with the purchase price starting at today’s value and 12% is added per year for profit, 10% goes to the owner investor and 2% goes to LeaseOwn Homes as the second part of the purchase option assignment fee. LeaseOwn Homes only receives the balance of the fee if the value of the home has increased to the full purchase price and you complete the purchase or sell the home. LeaseOwn Homes will waive part or all of their fee if the value has not reached the full amount of the purchase price.
Q: What happens to the amount of profit or equity if the home increases in value above 12% per year?
A: Example: The Phoenix, Arizona real estate market is going up at a pace of 20%+ per year which means anything above the 12% goes directly to you.
Q: How do I find out if I qualify?
A: Click this link: LeaseOwn Homes Application complete the application and return the LeaseOwn Homes Application as right away.
If you have any additional questions please call (480) 382-8858