Special Report:   "How to buy a home without a large down payment - Rent to Own"

1.  Find a real estate investor who will sell you a home with little down.

Okay, that sounds too simple.  Typically if you want to buy a home you have to go to a lender and apply for a

loan.  The lender normally wants about a 10% down payment.  If you put down 20% you can avoid PMI and your monthly payment will be lower.  There are some first time home buyer loans that you can get into with 5% down.  What about the 100% financing.  That is normally done by getting a second loan for your down payment. 

Two loans, two sets of closing cost.  The expense line keeps adding up and the cost of home ownership keeps slipping away.  What about credit?  That is still important in determining the interest rate you will pay the lender

for the privilege of borrowing money.  What about points?  A point is equal to 1% of the loan amount.  Lenders charge points to buy down the interest rate so that you will have a lower monthly payment.  It can all be very confusing.  So where do you begin?  I have to save for a down payment and all the closing cost?  That is

typically what happens and many people aren't disciplined enough to put enough away in savings to come

up with a down payment.

So what's the deal? 

Well, I am a real estate investor and I want to help you purchase a home.  I may have something available immediately or I may have something in the near future that meets your needs. 

 2.  Renting Stinks

Renting stinks, but you still need a place to live, and hopefully it is affordable.  Maybe you are having a difficult

time saving for a down payment.  Maybe you are afraid of the big debt.  Well regardless you are going to be

paying someone.  Why not pay into your own future with a home purchase.  When you rent, you are buying a

home for your landlord.  Its really a great deal for the landlord.  The landlord uses your rent payment to make his mortgage payment and eventually the home gets paid off by his tenant.  The landlord gets all the tax benefits

of home ownership,  the equity build up as you pay his loan down, and the appreciation as the value of the

home goes up over time.   Why don't you take advantage of all the benefits of home ownership?

3.  Here's the deal - Rent to Own

I will try to keep this simple.  First we need to identify if you qualify for our Rent to Own program.  We will send

 you to our lender where they will pull your credit report and discuss your ability to qualify for a loan in the next

18 to 24 months.  Maybe you have had a few bad marks on your credit report.  The lender can tell you what

need to do in order to qualify for the purchase of your home.  If you meet our criteria, we require a 2-3% non refundable option fee which will be credited 100% towards your down payment when you execute your option

to buy the house.  In the mean time you get to move into your new home as a renter.  You will be required to

make all the rent payments on time just as if you were making a mortgage payment.  You will be credited

$300 per month for making your rent payment on time when you execute your option to buy.  Understand that

you aren't paying $300 per month extra, you are just getting that credit for making your payment on time.  If you

have a late payment, all previous credits are lost and you start over.  In other words, if we set up the option

period at 24 months, then you would have accumulated $7,200 towards your down payment in addition to the

option fee paid at the beginning of the lease.  If the purchase price of the home is $200,000 and you paid 3%

option fee at the beginning of the lease, your option fee would be $6,000.  At the end of the option period of 24 months you would have the option fee credit of $6,000 and the rent credits of $7,200 for a total of $13,200

which is your down payment.  Our lender, who worked with you, will help you qualify for the loan and you buy the home at the end of the option period.  Since you are buying the home we would expect that you maintain the

property and you would be responsible for the first $200 in any repairs.   If you are ready to buying your home

with us then click HERE and submit your information. This service is free and there is no obligation on your

part. Give it a try.

Try our service for free by clicking HERE.