LEASE PURCHASE AND EVERGREEN COLORADO REAL ESTATE
Many builders and sellers are offering a Lease Purchase option for their homes. If the seller wants to shift all the responsibilities of home ownership to another because they are cash starved or must move for job or personal reasons, a Lease Purchase can be beneficial to both buyer and seller.
The buyers will set the purchase price for the home in a depressed market. Usually the buyers do not have the cash for a down payment so they can arrange for a monthly contribution towards the down payment. The buyers have a nice home to live in and are in the process of solving some of the most difficult problems for young couples when getting started in life; no cash for a down payment, poor or non existent credit, or high debt load from student loans.
The sellers also benefit because they are out from under the financial burdens and the upkeep of the home. Hopefully the buyers will faithfully pay the rent and the down payment and eventually close on the property.
One of the problems is of course is that the $8000 Federal tax credit doesn’t apply since there is no purchase yet. Hopefully the bureaucrats in Washington will extend the credit and You will benefit down the road!
Now is the time to act. Don’t let the best buyers market on 80 years pass you by. Please contact us; it is a great time to invest in EVERGREEN COLORADO REAL ESTATE and CONIFER COLORADO REAL ESTATE. Interest rates are at an all time low and we can help you finance your purchase or refinance you EVERGREEN COLORADO HOME LOAN. Please, call us today at 303-674-0148, Email us at markenglishrealestate@msn.com , or visit us on the web at www.evergreencoloradoliving.com . We are THE on stop shop for all your Real Estate needs; from Real Estate, to Commercial, to Financing, to construction – WE WILL SAVE YOU TIME AND MONEY.
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