A lease purchase is a special program that is developed to help both homeowners and SERIOUS tenant/buyers in many different situations. We at Helping Hands Property Solutions, LLC are experts in this field. We are not realtors. We are real estate solution providers. We have been using different methods of selling and buying homes for many years.
With a Lease Purchase a qualified tenant/buyer agrees to make on time lease payments to the homeowner, responsible for all maintenance and repairs, except those large repairs covered by the homeowners insurance. In return the homeowner will give rent credits to wards the purchase of the home. The qualified tenant/buyer, for an assignment consideration fee, will move one step closer to becoming a home owner. With our program we ensure that the homeowner and tenant buyer are aware of each party’s responsibilities and make this a win win situation for all those involved.
A lease/purchase is different way to sell your home. Different is needed in this real estate market. With homes sitting and sellers waiting, our program takes all that away and makes the process simple, and easy.
We provide solutions for your difficulty real estate situations. Give us a call today!! Contact us
Benefits: - Homeowner
· Get top sales price for your home
· Sell your home faster than placing it on the market in most cases
· Never any commissions or fees
· Stop paying two mortgages!
· No advertising costs or headaches of showing the property
· Get top lease payments each month
· Top qualified Tenant Buyers- full credit checks on each prospective tenant buyer
· Tax Benefits
· Direct Deposit available
· Repairs are the responsibility of the tenant buyer
· We do it all at no cost to you the homeowner
Benefits- Tenant/Buyer
· Move in fast
· Clean, nice, and pretty homes
· Live your dream of homeownership
· Get credit towards purchasing each month
· Buy today, pay tomorrow
· Direct debit of payments available
· Report on time payments to the credit bureaus and improve your credit with Direct Deposit
· Free Budget and Credit Counseling! We help improve your situation, not make it worse.
Frequently Asked Questions:
Are you Realtors?
No we are not realtors. We are Real Estate Solution Providers. We offer a different and unique way of selling your home. Unlike Realtors, we never charge a fee or commission. We are experts in this field and provide marketing services to help you sell your home.
Is this Legal?
Absolutely, our teams of real estate professionals, including local attorneys, developed all the paperwork and are here to ensure all areas of the agreement are in accordance with NC Law.
What is a Tenant/Buyer?
A tenant/buyer is looking for a nice, clean, pretty home to buy. They are serious tenant/buyers because they have paid a reasonable substantial amount towards the purchase of the house to move in. This is how we are paid in this agreement. A tenant/buyer is different from a renter in this aspect. They have a vested interest in buying the home and making on time lease payments to receive rent credits.
What is rent credits?
In return for the tenant/buyer making on time lease payments and being responsible for all repairs on the house, the homeowner provides rent credits towards the purchase of the home. This helps the tenant/buyer prepare for purchasing the house. These credits go towards the purchase price of the house and can pay for closing costs or go to a down payment.
How can I be assured the tenant/buyer will purchase my home?
Unfortunately, there are no guarantees. Even with selling your home with a realtor, the buying party’s loan could fall through at the last minute. The buyers may want you to fix everything in the home. Our tenant/buyers are buying the house “as is” and know what they are getting. Since our tenant/buyers are paying a substantial amount up front, it provides them only with an incentive to buy your home. If they do not buy your home, they loose all the money they have put into the purchase, including rent credits. Worse case, you have had your loan payments made and do it all over again. And in the mean time, your loan balance is getting smaller and smaller.
Why would someone want to lease/purchase my home?
There are numerous reasons. Just moved to town, need more time to save for a down payment, switched jobs, need a home fast. By providing flexible terms to buy your home, this is a very viable option for many people. In return for this flexibility, the tenant/buyers are willing to pay a little more to move in quickly and start becoming a homeowner today!
We also have other purchase programs