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Step Into Owneship Rent Now, Own Later

Flexible Lease-to-Buy Option

Lock in Your Purchase Price Today

Have peace of mind and benefit from future appreciation while safeguarding against market fluctuations.

A Simple 3% Commitment

With just a 3% down payment, you're taking a step closer to your home. This is applied directly to your eventual purchase price.

Rent for Now, Buy Later

Enjoy your home with a 36-month lease. Once your lease concludes, you have a 6-month window to finalize your home purchase.

Detailed Lease-To-Buy Overview

How It Works - Secure Your Future Home with Flexibility and Assurance

Our Lease-to-Buy option is designed for individuals who value both flexibility and security. By committing to a purchase price today. you're given the peace of mind knowing exactly what your future holds. Over a span of 36 months, you can comfortably lease the property, with the exclusive legal right to purchase it at the end of your lease term. This ensures you won't be outbid or face unexpected price surges. The terms are structured in a way that allows you to plan your financial future with confidence, making certain your path to homeownership is smooth and transparent.

Your Investment Breakdown: Purchase Price & Down Payment

You are buying the home at the current listing price of the property. To initiate the Lease-to-Buy option, you'll provide a down payment of 3% of this price. Not only does this down payment secure the property for you, but it also counts directly towards your future home purchase.

Understanding Your Lease Commitment

The heart of the Lease-to-Buy option is the lease agreement itself. It's designed not just in your best interest, but also to meet the financial commitments we hold as property owners. Here's a breakdown:

  • Lease Term:
    The lease spans 36 months, &vided into three 12-month terms with automatic renewals. The 36-month minimum duration is a requirement from our bank, to avoid incurring significant prepayment penalties on our loan. Lease Price: The monthly rent is based on current market prices. The renewal rates for each 12 month term are spelled out in advance, keeping in step with market rent and ensuring that the agreement remains mutually beneficial.
  • Transitioning to Purchase:
    As you approach the end of the 36-month term, you're positioned to make your purchase. From month 36 to 42, you have the exclusive right to buy the property. If you're not ready by month 36, you can transition to a month-to-month lease or renew for another 12-month term until you decide to close the sale. Remember, we will cancel the lease the moment you finalize your purchase.
  • What If You Choose Not to Buy?:
    Life is unpredictable. If you decide not to purchase the property within the 6-month window after your 36-month lease term, please note that the initial down payment would be forfeited. However, this decision doesn't affect your lease status, and you can continue renting based on the terms discussed.

This lease structure provides flexibility while ensuring both parties are protected and can fulfill their respective commitments. It's a win-win setup tailored for your home-ownership journey.

Carollina Terrace