Questions and Answers
💰 Do I receive credit for the lease option fee?
Yeah. Your fee 7.5% for the Option de Purchase is fully credited to the purchase price when exercising its right to buy the house. This rate is must pay within 3 days of acceptance of your offer on a property. If payment is not received on time, the contract will be cancelled and will not be eligible to continue with another home through our program.
📦 What does the monthly payment include?
Your monthly payment is all inclusive rental. The only additional charge can be Honoraryif applicable to the property you choose. There's no hidden charges Or surprise charges.
💡 Note: Monthly payments only increase each year to reflect the increase in insurance and taxes.
🏡 Any of my monthly rentals going to the house shopping?
Yeah. We're accredited. 5% of each monthly lease payment to the purchase price of your house. Over time, this helps to lower the final amount you need to buy the house.
💡 Example:
If your monthly rental is $2,000 Then $100 per month (5%) is credited to your purchase.
More than a 3-year rental contract, that's $3,600 in appropriations applied at its final price.
🤔 Is it a loan or hard money?
No. We're not a lender. This is not a mortgage or a loan. We buy the house you select, we rent you, and we give you a guaranteed right to purchase In three years. If you want, we can also report your payments on time to the three credit offices to help build your credit to become a mortgage - more eligible faster.
🧾 Do I have to pay the closing costs?
We negotiate for the seller to cover the closing costs. If the seller does not agree, you can cover the difference yourself or choose another property.
🐶 Are pets allowed?
Yes, pets with asset proof are allowed Tenant insurance policy HO-4 including Civil liability coverage. Due to insurance restrictions, pit bulls and similar breeds They're not allowed.
📉 Is there a minimum purchase price?
There's not strict minimum pricebut the home must meet our standards for quality, safety and accountability. We focus on the properties that are in good condition, pass ready, and located in stable neighborhoods. Ficheros or homes that need major repairs are not admissible for the program.
🛠️ Who is responsible for maintenance and repairs during the lease?
You are responsible for all repairs and maintenanceLike you already have the house. This is part of treating the house like yours from day one. We focus on providing quality, moving in ready homes, so you can expect minimum repair requirements during your lease.
🏠 Can I make home improvements during the lease period?
We encourage you to make the house feel like yours. However, any significant modification or type of improvement (Full Kitchen Remote) must be approved in writing by our team before starting work.
📈 What if the market value of the household changes during the lease?
The purchase price is locked up at the beginning of your lease and remains fixed, regardless of market fluctuations. This means that you could benefit from any increase in market value in the lease period.
For example, in December 2024Kansas City experienced a 9% increase per year en los precios del hogar, con el precio de venta mediana $327,000. Esto continuó una tendencia de apreciación anual positiva cada trimestre desde el comienzo de 2012. Fuente: Aquí KANSAS CITY
Al bloquear su precio de compra ahora, usted se posiciona a sí mismo para ganar potencialmente de la apreciación del mercado futuro.
📅 ¿Qué pasa si decido no comprar la casa al final del contrato de arrendamiento?
No tienes la obligación de comprar la casa. Si decide no ejercer su opción de compra, el contrato de arrendamiento concluirá como está programado. Tenga en cuenta que el precio de la opción de arrendamiento y los créditos de alquiler no son reembolsables.
