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| How a Lease/Option Works To Purchase A Property |
A lease/option on a property usually starts with the tenant/buyer giving the owner an option fee and the first months rent. The tenant/buyer gets credit for the money that was put down as an option fee . They will also get a rent credit each month that builds until the end of the lease.
For example if they put $2,000.00 down and get a rent credit of $200.00 each month on a two year lease the tenant/buyer will have built $6,800.00 in total credit after 24 months towards the purchase of the property.
Tenant/buyers can get a lease/option on a property even if they have bad credit to start! It is up to the tenant/buyer to work on rebuilding their credit so at the end of the option period they can qualify for a loan to buy the property outright. I have a lot more information on my web site www.ifindproperties.com as well as actual properties that are available for lease/option purchases. |
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Rent To Own |
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No Credit Ok |
Bad Credit Ok |
Cash Income Ok |
Banktrupcty Ok |
Foreclosure Ok |
No Applications |
No Questions |
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| Every Monday I distribute new and reduced properties. I don't ask for your phone number, I don't sell your information and you can opt out at any time. |
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Investment Properties |
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If you have excellent credit there are plenty of properties available at a discount.
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| Click here if you are not an investor and want to purchase a home for a primary residence or vacation home. |
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| Every week I distribute my favorite properties that would make an excellent invesment. I don't ask for your phone number, I don't sell your information and you can opt out at any time. |
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