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Benefits of Buying a Lease-Purchase Home
- FASTER HOME EQUITY GROWTH
Your home equity can accumulate faster than with conventional financing.
- LEASE-PURCHASE GIVES YOU MORE BUYING POWER
You can Lease-Purchase a home for as little as the first month's rent and
a downpayment. Compare that to conventional lenders that require
5-20% down plus closing cost and prepaids.
- MOST CREDIT PROBLEMS ARE NO LONGER AN ISSUE
Restrictions on qualifying for a Lease-Purchase are not as strict as with
conventional home financing. Therefore, the seller or landlord has more
discretion on what they will accept.
- YOUR RENT MAY BECOME YOUR DOWN PAYMENT
Each month you pay rent, often times a portion is credited toward your
down payment or it can come off the sales price.
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