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Rent-to-Own (Lease-Options) FHA Mortgages Mortgage Interest Rates Home Equity Loans First-Time Homebuyers For Sale By Owner FSBO Jumbo Mortgages Mortgage PreQualification Letters Nationwide

Rent-to-Owns or "Lease-Options" often create the necessary space and time for real estate transations to avoid the graveyard.  

 

 

When home buyers wish to purchase a home, but cannot do so immediately, they often use a lease-option agreements to get the job done.  Such leasing arrangement give more flexibility to the transaction by allowing buyers to buy without the requirement of having to sell a previousl home.

 

Lease-options make a lot of sense...

  • When a buyer wants to buy but cannot quallify for a new purchase until she sells her exisiting home
  • When a seller is paying for an empty home or wishes to mitigate payments on an existing property by having a fully qualified tennant/purchaser in that home.
  • When a buyer has income and a down payment, but has to repair credit blemishes before he can qualify for a home purchase
  • When a borrower qualifies as a tennant but has to establish a credit profile in order to qualify for an FHA mortgage.
  • When a borrower wishes to relocate to a specific area, but is not certain of the exact property she wants to purchase.

We can often provide our clients boiler plate copies of lease-option contracts and instructions for completing them, upon request.

 

2009 "Mid-Summer" Special

 

Contact Us before August 15th, 2009 and we will show you

How to Save You $$ Thousands $$ on your next--

or on your existing--mortgage!! 

 

JUST ASK!

 

Timothy Phillips

 

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