Making It Easy To Purchase A Home, Even With Bruised Credit


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We showcase Homes On Lease Purchase Terms

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Welcome to The Lease Option King website!

We are a real estate marketing firm specializing in lease purchase home sales, by private homeowners and new construction home builders. If you are moving to the another state due to employment reasons or any other reason, we make locating the perfect home easy.

Search through our available inventory of lease purchase / rent to own homes. Then, once you see a home of interest, simply click on the photo to get the property details. If you would like further information about a home, or to schedule an appointment, just call the Agent / seller's phone number located underneath the property details.

If time is of the essence, you'll be happy to know that several of our homes are currently "move-in" ready. Also, lease purchase / rent to own homes do not take long to acquire. With many of our lease purchase homes, move-in lead-time is 2-3 days.

What is a Lease Purchase or Rent-To-Own?

A lease-purchase is a combination real estate rental, and sales technique. It is a property lease for a fixed time period, such as 12 or 36 months. At the end of the lease period, the purchase agreement portion of the contract is executed.

A lease purchase / rent to own transaction allows you to live in the home you desire while you establish your credit. By buying a home on lease purchase / rent to own terms you also have time to create a good payment history, which both aid you in acquiring a new mortgage.

A lease purchase / rent to own transaction gives you, the buyer the exclusive option to lock in the purchase price of today, then complete the purchase at anytime during the 12-36 month option period.

As the buyer in a lease purchase / rent to own home, you are not obligated to complete the purchase of a home. However the seller is, in fact legally required, during the option period to sell to you, and no one else.

If you have bruised or even bad credit a lease purchase / rent to own home is the best solution to homeownership.Please feel free to search our site by personal criteria or just choose the "View All Properties" button in the top left navigation bar.

 

How Does a Lease Purchase Work ?

Lease purchase / rent to own transactions usually are not credit driven, but do require employment and income verification: to make sure that the buyer can afford the monthly lease payments.

Next, the option fee is paid in order to secure the future purchase price as well as a future closing date.

Then, you are paired with a mortgage specialist to assist you with financing to close the deal.

 

Click Here to see our Available Rent to Own homes

 

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