Advantages for Buyers
1. Low down payment to get into property. The smart, modern way to buy real estate!
2. Qualification restrictions are not as great as in conventional financing.
3. Past credit problems are not usually a road block, as they would be in the case of conventional financing procedures.
4. The option consideration - down payment - is fully credited (one hundred percent) to the purchase price of the property.
5. Your rent money is finally working for you, for a change . . . (no
longer merely collecting rent receipts)! Part of your rent payment
can be credited to the purchase price if paid on time.
6. Purchase price is usually locked-in ahead of time (prior to close
of escrow). That assures you of increased equity in the property when
you buy it if appreciation has occurred.
7. Appreciation is the name for any increase in value of a property
over a period of time in those cases in which the fair market value goes
up in the future.
8. Gives you sufficient time to check out all the features (and faults) of the house.
9. Time to check out the neighborhood: schools, churches, temples,
synagogues, nearby shopping malls, health care facilities, recreational
amenities, your next door neighbor (does he play loud music or run a
power saw at 2:00 A.M.?) before you actually buy the house. Important!
10. Puts you in legal control of a property for a specified period of
time without having to actually own the property (and the
responsibilities).
11. Time to shop for and obtain the best financing.
12. Leverage (using as little of your own money as possible to purchase a really nice house!)
13. Opportunity to get into a choice residential property at the right time, for little money down.
14. No taxes or insurance to pay . . . the owner does that.
15. Major maintenance and repairs are the responsibility of the owner; you take care of nothing but minor maintenance.
16. Profits . . . in case appreciation occurs and you decide to sell in
the future. The difference between what you paid and any increase in
fair market value is all yours!
17. It’s obvious that lease purchasing with an option to buy is much
more advantageous than merely renting or immediately buying a house
without, first, checking out the neighborhood and the various financing
packages which may be available to you. Why rush yourself.
For much more information give me a call 707-696-9073 I answer my phone!! or email me @mrleasepurchase@gmail.com
