WHY LEASE TO OWN ?
Top Nine Reasons Why:
1 ) MINIMUM CASH UP FRONT! – Having difficulty coming up with the funds required for conventional bank financing? With a small Option Deposit and the first month’s rent you can move into a property that you can call your own.
2 ) EASY TO QUALIFY! – We are not a bank, and qualifying to purchase a home through our program is easy! If you have reliable income to support the monthly lease payments and are able to provide the required Option Deposit, then you may be qualified.
3 ) NO HIDDEN FEES! – Monthly lease payments cover rent payments, property taxes, building insurance, condo/strata fees (if applicable).
4 ) ACCUMULATE A DOWN PAYMENT! – Your Option Deposit and a portion of each monthly rent is credited towards the purchase price of your home. This could be thousands per year!
5 ) INCREASED BUYING POWER! – Minimum cash up front increases your buying power. Compare that to lenders that require 5-35% down payment in addition to closing costs.
6 ) PROVIDES TIME TO REPAIR CREDIT! – The lease is typically a 2 to 5 year term. This lets you take advantage of the time to establish or restore your credit while the purchase price of your home remains secure from market appreciation.
7 ) PROFIT FROM INCREASED VALUE! – Home values may dip from time to time, but historically, they will always increase over time. The purchase price will be established from Day One and and is guaranteed for the entire length of your lease term. If the market appreciates better than anticipated, you will benefit directly from the extra equity.
8 ) OPTIONS! – Many programs are limited to homes in inventory, reducing your options in homes styles and locations. We realize that everyone has their own preferences and dreams of what their home should be like and where they would like to live. If one of the homes WE HAVE does not fit your needs and budget we would like to propose that YOU FIND the home of your dreams and we’ll help you own it!
9) PROTECT YOUR EQUITY AND CREDIT! – Our program can be the solution to protect both your equity and credit rating. When banks are foreclosing or debts are overwhelming, let Home in Sight help you remain in your family’s home and provide stability where only chaos appears on the horizon.
Read on for Program Details.