BBIN 170 SPECIAL Residential Lease/Buy Funding Program!

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Acquire your Personal Residence

Notice Sponsor's Message: ...You may be asking yourself how can you buy a house for less than 5-20% down plus closing costs and prepaid (which typically amount to an additional $3,500). My answer to your question is short and sweet - the lease purchase contract. This is how I bought my last home that I live in right now. While sitting at my desk shuffling through some paperwork, I got a phone call from a friend of mine who knew I was looking to move near his neighborhood. He told me that he drove by a beautiful home on a lake that had a "For Rent" sign in the front yard and that it would be perfect for me. So I drove by the home for myself to see what it was all about. It was perfect! I jotted down the phone number from the sign and returned home. With my numbers in hand, I drove back out to the home and knocked on the door. I spoke with the owners. They told me that they were asking $1,600 per month for rent. I asked them if they would consider selling their home and they said yes, as long as they got no less than $180,000. I knew from my research that their home was worth a little more. I offered them the following lease purchase deal: $2,601 down (first month's rent plus $1,000 for the option deposit), $1,650 per month rent, $300 per month rent credit, a term of 4 years, and a sales price of $195,000. They accepted my offer without batting an eye. In 4 years I will have over $15,400 in equity ($400 x 48 months + $1,000) so I probably won't have to come up with a down payment when we close, I paid a minimum amount of money to gain control of a wonderful home, my closing costs are delayed for 4 years, I will profit from any appreciation in value of the home.

I will help you structure your deal. Just use this e-mail link: E-MAIL

    Sincerely,
    Marc! ....End of Sponsor Notice