Lease Purchase is essentially a rental agreement combined with a purchase agreement with pre-negotiated terms. During the term of the lease, the tenant/buyer has the option to purchase your property at anytime. The sales price, length of the term and rental payments, etc. are all determined in advance. Our objective is for one of our tenant/buyer’s to qualify for a mortgage as quickly as possible after they have moved into the property, to cash you out as soon as possible
The benefit of our lease purchase program
- You will receive more money in your pocket than if you rent it out yourself because you will never have a vacancy and never have to pay for any costs related to repairs or upgrades
- You are guaranteed to sell your property
You will get fair market price for your property (with no hassle and no realtor fees) - All maintenance and repairs will be our responsibility at our cost
- You will save money, as you will not have to advertise your property anymore