Minimum Cash Out of Pocket
When you purchase a home the
conventional way, you must pay at least 5% down
plus closing costs and prepaid fees. When you
buy with Lease Purchase Pros, you only pay the
first month’s lease and a small optional
deposit. This will save you between 35% and 85%
every time you buy a home.
Faster Equity Growth
Equity accumulates much faster
(five times or more) than with conventional financing
through a bank or lender.
Lease Payments Are Working Toward
Purchase
Every month for the first 12
months, a portion of your rental payment is credited
towards your down payment or off of the sales
price.
Frequently No Down Payment at
Close
Since you have given the seller
an option deposit and you have accrued a credit
on your first 12 months of lease payments, there
will frequently be little or nothing left to pay
for a down payment at closing.
Profits from Appreciation
Since the sales price is locked
in before closing (as specified in your agreement),
any increase in property value will mean that
your equity (what you owe, minus what it’s
worth) is increasing in your home..
Increased Buying Power
When you buy a Lease Purchase
Pros home, you can put down as little as the first
month’s lease and deposit. Compare that
to a typical bank or lender that requires 5%-30%
down, plus closing costs and prepaids.
Control of the Home
You will be put in full legal
control of the home for a specified period of
time without actually having to own it.
No Taxes, Less Liability
Since you do not own the home
(yet), you will not have to pay property taxes
and your liability exposure will be dramatically
reduced.
Quick Move-in Time
You can typically take possession
of a Ready Available Home in a week or less, instead
of conventional move-in times of one to three
months after your offer was accepted.
Maximum Leverage
You are spending very little
(or zero) money to control a potentially very
expensive, and very profitable, piece of real
estate.
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