Have a few questions? Most people do. So, here’s a quick collection of some of the common questions we get… with our answers next to them. If you still have a question don’t hesitate to shoot us an email through our contact form above, (or give us a call).

Q: Are we renting the house or buying it?

A: Well, actually, both. It's called Lease Purchase and you would be the Tenant/Buyer.

You are a tenant and just like any lease, if you don't pay the lease payments, you could be evicted. But, you also have the contractual right to buy the property at the stated price within the stated time while you pay the lease payment of stated amount. This contractual right to buy the property, means that Seller cannot sell the property to anyone but you, unless you do not buy it within the stated time-frame. This control of the property is known as having an Equitable Interest. You control the property (Seller can't sell it) and you locked down the price (building equity).

The first way you build equity is from your down payment. Because you've locked in your purchase price at say, for example $100,000 dollars and and you pay $10,000 downpayment, you then owe only $90,000 giving you $10,000 in Instant Equity. The second way you build equity is that we apply $100 of your monthly payment to the purchase, and just like the down payment, it's more Instant Equity. The third way you can gain equity is that, if the value goes up by, say, for example, $20,000 over the next few years, then you are buying a property worth $120,000 but only paying $90,000 minus $100/mo for 36 months or $86,400. So you've built up $$33,600 in equity or profit! Instead of just throwing away money on rent!

So your down payment didn't just disappear into thin air like your rent does, it immediately becomes Equity. Part of your rent is equity and the Seller has to sell to you at your balance owed - even if the value goes up! Sure beats the heck outta rent, No?

Q: Are we paying a fair price for the property?

A: In the world buying and selling anything, cash is king. Cash buyers get the lowest price.

The opposite is also true: paying in monthly payments means you will pay top price or "Retail Price".

The other thing about price is that it's determined ultimately only by what a willing buyer is willing to pay. So while we're in the price range of Retail Pricing, we also don't want to wait forever for a buyer, so we price competitively in order to get a buyer soon, which is usually close to what others have paid. Instead of bargain pricing, our "bargain offer", comes in the form of being willing to take payments, but we still have to stay within the market prices in order to be competitive to keep the ball rolling.

Q: Are there any fees or commissions to work with you?

A: There are NO fees or commissions to work with us. If we agree to move forward…we'll split the costs of Notary and Recording we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) to fix it up so it’s nice and pretty… market the house, and sell it for a profit (we’re taking all of the risk here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and it’s payments… and oftentimes with cash in your hand).

Q: How are you different from a real estate agent?

A: Real estate agents usually don't have this type of Seller Financing offer because most sellers want to get the most amount of cash as soon as possible. If a real estate agent ever does have a house for sale with Seller Financing like this, the down payment would be much higher because the seller also has to pay the real estate agent commission.

Q: Is there any obligation when I submit my info?

A: No obligation at all. Once you tell us a bit about your situation and what you're looking for, we’ll take a look at things, maybe set up a call with you to find out a bit more, and set a time to show you the property. From there, it’s 100% your decision on whether or not you’d like to work with us or not… and we won’t hassle you, won’t harass you… it’s 100% your decision every step of the way, and we’ll let you decide what’s right for you.