The lease purchase program is PERFECT for the following people:
I take you home shopping. I treat you the same way I treat my $700,000 home buyer. We look at several homes and find the perfect home for your family.
The real estate company buys the house in cash and leases it to you with an option to buy. You have no obligation to buy the house and the lease is a one year lease (you can live in the house for five years without buying).
When you're ready to buy the house, you get a mortgage from a lender and buy the house without having to move. If you decide to NOT buy the house, there's no penalty and it's a normal one-year lease.
Most rental homes are owned by property management companies that purchase homes for discounts and rarely keep the house up to standards you'd appreciate. The lease-purchase program allows you to pick out a home owned by a homeowner right now! Homeowners take care of their homes and you'll move into a turnkey home, not a corporate home. The quality is much better (and you have a bigger selection of homes).