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Lease purchase provides a first step to perspective home buyers in Charlotte
Author: Mike Katz
Lease purchase provides a first step to perspective home buyers in Charlotte
First off lease purchase is sales agreement combined with a lease in which the Tenant has exclusive rights to purchase the home within the lease period.
This can lock the purchase price in a fast growing home market like that of Charlotte, North Carolina and Lake Norman region. This is a much easier to qualify situation for renters who may not be able to qualify for traditional mortgages. At the forefront of rent to own , lease purchase and the lease option home in Charlotte is Ncown.com and TC properties. Working with credit experts and mortgage brokers to forge a process for poor credit buyers to lock in a price now and build to the mortgage closing in the future.
Through low or no down-payment, work for equity programs, and rent credits many have built a path to qualifying for a mortgage when they had previously though it impossible. Ncown.com and TCproperties has qualified many low credit scores on the basis of strong rental history and steady work history. This considerations have helped honest people of Charlotte start a trend of credit responsibility that has raised their FICO scores and qualified them for a mortgage. The best part of this effect, has been the lease purchase locked the homes price a year or two earlier, and this has meant a good asking price coupled with the built equity they had earned.
The purchase price, monthly rent, rent credits, and length of lease are established up front. This is a great way to beat the rising home prices by locking in a price now.
This type of program has not only help credit challenges of the Charlotte home shopper, but has been key for Relocating professional in Charlotte’s business district. Many banking professionals choose this option as a way to learn the area with low obligation, while locking down the mortgage price immediately. This has been a great option for the relocating professional.
In all Ncown.com and TCproperties has forged a path in Charlotte of opportunity in home-buying. Professional brokers, credit experts, and licensed agents working together can find more ways to help hard working families qualify for a sometimes difficult mortgage.
Visit Ncown online at http://www.ncown.com.
Rent to own Homes
About the Author
Mike Katz is a webmaster for NCown.com Visit us for the best Charlotte homes and financing options for Charlotte, Rock Hill and Lake Norman.
http://www.ncown.com
Article Keywords:
Home Loans
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As you may know, I have a very deep passion for real estate and mortgages. In
fact, this website is a true labor of love for me.
As publisher, one my many duties is to review the many books, programs
and courses about real estate and mortgages that are on the market today. I’ll
be honest with you. Most of them are garbage. (Although
I do strongly recommend the programs in the “Must Have” box
above).
But, let me tell you, when I came upon the following headline, I new
I found a winner…
“Learn How To Quickly Build At Least $40,000
Worth Of Home Equity And Pay Your Mortgage Off In 10 Years Or Less”
-Without Making Biweekly Mortgage Payments-Or Changing Your Current Mortgage.
Now, the reason I knew it was a winner was because of the name behind
the headline. Craig Romero. Many consider Craig to be one
of the true geniuses in our field. I have a lot of respect for
him, and I
urge you to drop what you are doing right now and click the link below... |
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