• Option To Buy •
Option Purchase Happy KY Home
What is an Option to Buy?
If you are unable to obtain a loan but have money for a down payment, you may want to consider leasing a home with option to buy.
AN “OPTION TO BUY” IS LIKE RESERVING YOUR HOME AT TODAY’S DEPRESSED PRICING. YOU CAN MOVE IN NOW, REPAIR YOUR CREDIT WHILE YOU ARE LIVING IN THE HOME, AND BUY IN THE FUTURE.
01.
You can purchase an option to buy at the time you complete your rental agreement.
02.
The option to buy fee is $1500 to $5000.00. Once you obtain financing, the fee is credited toward the purchase price of the home.
03.
Once you purchase the option to buy, your purchase price is locked in for one year and your option is also renewable.
04.
At any time during your lease, you may obtain your loan through the financial institution of your choice and any type of loan you choose.
• Additional Resources •
Option To Buy Help
*For Credit repair assistance, go to www.knowdebt.org or try www.debtreduction.org. These are non-profit organizations that will assist you free of charge.
Recommended Mortgage Lender:
David Meeks, Mortgage Advisor
AllPro Mortgage Advisors Group
Direct: 502-609-6518 Email: [email protected]
* When you make your payments on time each month, you are rebuilding
your credit.
Please Note:
- With the Rent with Option to Buy Program, you are buying an “Option to Buy” on a house.
- Your Option to buy fee provides you with the benefits listed above.
- At the time you exercise your Option to Buy and actually purchase your home, your fee will be credited toward the purchase price.
Current Tenant Pay Portal
The new payment portal is easy to set up and easy to use.