Real Estate Ontario Think You Can?t Afford Your Own Home, Think Again! - Real-Estate London, Toronto, Montreal, Vancouver, Canada buy house, sell house , rent a house

Do you have bad credit, no credit, filed a bankruptcy, have a ton of late pays, medical bills, or been through a divorce? Well, we have the perfect solution for you - Lease Purchasing your own home!

A Lease Purchase is a process that combines a basic rental lease with an agreement to purchase, or with an option to purchase the property. The Buyer (or Lease-Purchaser) pays to the seller a monthly payment that usually approximates a rental amount or a typical mortgage payment on the home. A percentage of that payment is typically applied towards the purchase price. At the end of the term, the buyer has the right to purchase the property for the price and terms to which both parties have previously agreed.

Put another way, a lease purchase is essentially a rental agreement combined with a purchase contract with pre-negotiated terms. The buyer leases the property for a specific period of time and then purchases the property before the end of the lease agreement. Sales price, length of rental, rent credits, escrow instructions, etc., are all contained in the agreement.

A lease purchase is a wonderful way to control property without the headaches of banks, mortgages, taxes or immediate loan qualifying. Lease Purchasing gives you the right to buy the property, but not the obligation to buy.

7. Gives you sufficient time to check out all the features and faults of the house.

11. Major maintenance and repairs are the responsibility of the owner; you take care of nothing but minor maintenance.

So, you ask, how do I lease purchase my own home? Drop by our website and check out, How To Live In Your Dream Home Today And Buy It Tomorrow; Without Mortgages, Real Estate Agents Or Credit! Just click on the link below: http://www.homebusinesssolutions.com/products/lpbuyerman.htm

We feel everyone deserves to own their own home, so why not start looking for your dream home today!

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London Ontario Real Estate Information

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Think You Can't Afford Your Own Home, Think Again!

London Ontario Real Estate Information