- Nearly new - 4 year old home in new neighborhood - Lease Option to Purchase - $20K moves you in! - No Bank Qualifications - No Credit Check Required Give yourself time to: - Rebuild Credit - Secure Funding - Qualify for a long term loan Option Agreement Highlights: - Option Length: 5 years - Purchase Price: $575,000 (Locks in price and approx. $100K discount off price in 5 years) - $200/month of rent goes towards downpayment, if exercise option - Option Fee: $20,000 (Secures tenants right to buy the property, Upfront/Non-refundable, Does not go towards purchase price or monthly rent) Window Coverings and Trampoline not included. Lease Agreement Highlights: - Can leave at any time with 60 day notice to vacate but can stay for 5 years (extension to lease and option are possible) - No credit checks...just provide prior landlord references - 3%/year rent increase to account for rising property taxes - Tax adjustment clause (for increases of more than $200/mo) - Tenants responsible for maintenance and repairs of home and yard
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