—We have helped people buy homes this way for a decade and you save about a thousand dollars in fees because we can do the paperwork in our office or at the house. No Realtor Commissions, no banks, no attorneys, no mortgage companies, and no waiting for months to qualify.

—You will get some paperwork 1. a lease for one or more years ( 2 years is standard) and 2. an option to buy property.

—Simple and complete this is the process to buy a home with us.

Lease Purchase Benefits

Second the price you are paying for the home is fixed and will not go up over the term of the agreements. Even if the appraisal of the house goes up $10,000 or $100,000 the price you agree to with us is the price you pay when you refinance later.

This system gives you a house without the bank.

You are not renting you are purchasing a home. Follow the contract and the home is yours.

You usually have two or more years to refinance.

More Benefits of The Lease Purchase Option

If after the contract is fulfilled you want to leave, you can there is no foreclosure or hit on your credit.

—If you need a little more time to qualify most owners are very accommodating because you are a Buyer not a renter.

—Some sellers will allow the buyers to do a lease purchase for many years.

—Many times you get the house at a reduced rate both in total price and monthly payments. ( Often Cheaper than Rent)

—Lease Purchase Buyers are viewed as buyers and not as tenants, thus the monthly payment often just covers the mortgage and the seller will allow a buyer to move in at a reduced rate.

—If you find financing quickly, everyone is happy and there is no prepayment penalty.

Lease Purchase Questions & Answers

Question 1. >>Can the house be foreclosed while I am paying my part?

Answer >>We believe everyone must do their part. You pay a monthly fee to the owner of record. The owner may or may not have a mortgage. If the owner has no mortgage the answer is obviously no.  If the owner has a mortgage, by law the owner must pay the mortgage company when you pay your lease agreement.  In our contracts if the owner misses just one payment you can pay the bank or lending institution directly so no payments are missed. What lender wants to or will foreclose on a house where they are being paid every month on time? (none)

Question 2. >> If the price of the house goes down over the term of the lease do I have to buy it?

Answer >> No, you can walk away at the end of the fulfilled lease with no foreclosure or credit reduction.

Question 3. >> Can I buy a house this way if I have had a bankruptcy or foreclosure?

Answer >> This is about the only way I can think of unless you have all cash to buy a home.  If you have or have had credit issues most will not qualify at the bank.

Question 4. >> Why isn’t everyone buying a house this way if it is so easy?

Answer >> Everyone has different circumstances. If you have cash buy with cash. If you have a VA loan buy with a VA loan. If you can obtain a Mortgage go get one. If you can not do the above then this is a great way to buy a house and thousands buy a home every year on a Lease Purchase or Lease Option  just like this, simple, safe, and quick.

Question 5. >> Do I have to fix stuff if it breaks?

Answer >> Yes you are buying the house. Do you call the bank when the light bulb needs changed or a window get broken? No

You are a Buyer not a Renter.

Question 6. >> How long does the entire process take?

Answer >> You can decide but normally we can have you in a home in less than a week.

This is a safe, quick, and low cost way to buy a home today!

Hope this helps

Mark

Skeptic at first, but after going through the entire process, I felt very comfortable and excited about using Mark and A O Home Solutions. I’m on my way to owning my home and not using the bank. Thanks Mark !    Stewart Ussery.

Mark was a pleasure to work with. He made getting our first home a simple, fun process. Thanks Mark!
Amanda Blackburn