Today I’d like to let you in on a great lease-purchase opportunity that’s available right now.

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Although I’m not usually a fan of lease-purchases, today I’d like to introduce you to a unique lease-purchase opportunity that I think is actually pretty phenomenal. 

Here’s how it works: The company presenting this opportunity purchases a property as an investment, and allows you five years to work towards purchasing it, yourself. Monthly rent will be laid out from the very beginning, so you will always know exactly what to expect moving forward. 

If you’re working towards a home purchase but aren’t ready just yet, this can be a great option. This arrangement allows you to build up your finances, work on your credit, and live in the home that you will eventually purchase. Also, this scenario means you won’t have to deal with moving when it finally comes time to buy the home.

 

"If you’re working towards a home purchase but aren’t ready just yet, this can be a great option."

 

Of course, there are a couple of stipulations you must meet to qualify. You must have a minimum income of $50,000, for example, as well as a stable employment status. In addition to this, those with prior evictions or pending bankruptcy will be unable to qualify. Finally, everyone who will be living in the home must undergo a criminal background check. 

The property, too, must meet certain requirements. For instance, the property must sit on three acres or fewer, be a single-family home or a fee-simple townhome, and have a list price between $200,000 and $500,000. 

Additionally, this opportunity cannot be applied toward the purchase of a short sale, foreclosure, or otherwise distressed property, or toward a property with any major issues. 

But, assuming all of these conditions are met, this option can be great for those not yet ready to purchase, but ready to be in a home. My clients have had great success with this arrangement, so I wanted to bring it to your attention, today.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.