Less Then Perfect Credit? Never owned home before and would like to ease into home ownership? Don’t quite have 15 to 20% down payment?

Well your not alone. Let the Keys4Cash team introduce you to a growing and popular way to buy your dream home with little money down, and less than perfect credit.

We call it the “Rent to Own” - “Lease Purchase”

Basics of a Lease Purchase

·         Buyer pays the seller option money for the right to later purchase the property. This option money may be substantial. Generally 3 - 5% down payment.

·         Buyer and seller agree on a purchase price, often at or a bit higher than market value.

·         During the term of the option, the buyer agrees to lease the property from the seller for a predetermined rental amount.

·         The term of the lease purchase agreement is negotiable, but the common length is generally from one year to three years, at which time the buyer applies for bank financing and pays the seller in full.

·         The option money does not apply toward the down payment, but does reduce the amount owed towards the purchase price.

·         A portion of the monthly lease payment typically applies toward the purchase price.

·         Option money is NONREFUNDABLE.

·         Nobody else can buy the property unless the buyer defaults.

·         The buyer cannot assign the lease purchase agreement without seller approval.

·         Buyers are responsible for maintaining the property and paying all expenses associated with its upkeep, including taxes and insurance, but most of the time this is included in the monthly payment due to the seller, so don‘t worry.

·         The buyer is obligated to buy the property.

The Keys4Cash team would love to be your bridge towards living the American dream of home ownership. As a matter of fact we would be more then willing during your lease purchase term to refer you to Credit Repair companies that might help you with fixing and re-building your credit so that when the time comes to act on your option to purchase you will be ready. The form below is free to fill out. We don’t charge you any fee’s and will do the best that we can to find a house that best fits your criteria and families needs.

We are confident you will be pleased by our expert service. Keys4Cash provides quality real estate solutions to satisfied clients in

• Bergen County - Englewood, Fort Lee, Paramus, Oradell, Hackensack, Teaneck, Rivervale, Old Tappan, Tenafly
• Passaic County - Paterson, Clifton, Hawthorne, Prospect, Wayne, Totowa, Haledon and more
• Essex County - Bloomfield, Livingston, Nutley, East Orange, Glen Ridge, Fairfield, Belleville and more
• Morris County - Boonton, Morris Plains, Lincoln Park, Pine Brook, Pompton Plains, Parsippany, Butler and more
• Sussex County - Andover, Augusta, Lafayette, Sparta, Newton and more

We serve many other towns in New Jersey