
The basis of our program relies on the monthly payment. We purchase homes and must pay the mortgage, taxes and insurance for the home.
The lease payment you make to us while you live in the home must cover these and other costs. In addition, we are reserving the home for you until you can get your own mortgage and buy the house from us. Usually, once we begin the process of building the home, you can participate with us by picking your own colors for carpet, paint and appliances.
This option is perfect for families who want their "personal touch" on the home they live in. We do require you to deposit an amount of money up-front in order to reserve the home, allow you to choose your colors and not sell the home to anyone else. The deposit money is known as "Option Money". The Option Money can be a very small percentage of the price of the home.
Once we have an agreement as to the lease payment and Option Money, we then lease the home to you for a couple years (or a shorter period if you prefer), you will then have to get your own mortgage.
Most of the families we deal with have issues which do not allow them to buy their home today. We solve their problem and let them work toward owning their home in the future!
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