There is no bank qualification required to get into one of our lease/option houses. This is a unique way to secure your home in advance of being able to qualify for a mortgage. So, if you are serious about buying a house, have a down payment, but are a little credit challenged, read on.

What is a lease/option? It is typically a 12 to 24 month lease that runs concurrently with a purchase option contract. When you obtain an option to purchase, we are agreeing to sell you the house at an agreed upon price. This means we can't sell to anyone else for the duration of your contract. At any time during the option period, when you can obtain financing, we can close on the house. In addition, your option deposit is applied at closing to the purchase price and/or closing costs.

As an additional service to our tenant/buyers, we can refer you to a mortgage broker who will help you repair your credit and find financing.

What's in it for us?

• A better tenant - since you intend to own the house and have put a significant deposit on it.
• Less landlording - tenant takes care of day-to-day maintenance, mowing, etc. (We will handle major items - over $50 in a given month.)
• Lower selling costs - when we close on the house.