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Glendale, Phoenix, Peoria, Surprise and Goodyear Arizona MLS and Arizona foreclosure Home Search
Lease to Own Homes- Steps to QualifyWhat is the first step?Typically, your first step is to create a timeline. This timeline is for fixing your credit so that you can purchase your home within 1-3 years. How do you determine what needs to be done on your credit? You speak to a trusted lender and who can look at your credit report and help you to set goals for cleaning your credit.
Remember you pick out the home and we buy it for you! What additional steps do I need?
Once you have a timeline set you need to find a home to fit this timeframe and also that fits your location and budget needs. This is where Peggy Elias helps you with a list of homes that qualifies for the Home Option Program. Not all *Lease to Own* homes are a good deal and you need an agent working with you that understands the advantages of the Home Option Program. Many agents do not sell lease to own homes.
Once you have picked out a home you typically have 1-4 weeks before move-in date. When you move in you pay a security deposit, first and last monthly payment. Part of your monthly payment will go towards the closing costs for when you purchase the home in 1-3 years. Get prequalified and quit throwing your money away renting. When Can I Move In?Many lease to own homes are vacant and available now! This program work for homes in the Metro Phoenix area including Glendale, Peoria, Goodyear, Buckeye, Chandler, Surprise, Avondale, Chandler, Scottsdale and Gilbert. Once you are approved you can be in your home within 15-60 days. Part of your monthly payment will go towards the down payment and closing costs. Call for further information (602) 720-2848
Get Prequalified to the Home Option Program
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