4

Lease Purchase Agreement 

  • Option Fee
  • Monthly Payment & Credit 
  • Duration 
  • Property Value Price 
  • Terms and Rules 


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Tour the home and neighborhood. Seller will request a background verification. An initial title search should be ran to ensure the landlord actually owns the property. 

Rent-to-Own Process 

Seller pays PropertyPaths.com, a Buyer-agent a 3% commission instead of 6%. 

It is your home, as long as the improvement is permissible with city code and association, go for it! 

Appreciation of property can be viewed as a forced savings account growing in value typically 1-3% over the long-term. 

In addition to the downpayment, often there are costs incurred for inspections, appraisals, title insurance, etc. 

Downpayment can range from 0% - 20% of purchase price. 

Initially often higher than renting, although the fixed payment gets easier to pay over time. 

PropertyPaths.com will assist in negotiating a lease-to-own agreement, hold deposit and credit money in escrow and assist in financing. 

Rent money is gone. 

Deposit typically required. 

Deposit = $2,000; monthly payment of $1,000

Often a lower monthly payment, although rent can increase at any time.  

PropertyPaths.com

Service 

Home Improvements

Savings

Initial Cost

Payment Example

Payment

Renting

Buying

Rent To Own

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A lender will apply the downpayment (option-fee) and monthly credits toward your downpayment. By now your credit has improved and you are now approved to purchase your home! 

5

2

Discuss with a PropetyPaths.com agent your goals and search for homes. Since most homes that will be of interest are for sale, your agent will reach out to the seller to inquire about a lease-to-own option. 

1

Discuss with a PropetyPaths.com agent your goals and search for homes.

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Home improvements can typically be negotiated in the Lease Purchase agreement. 

Option fee and monthly credit go to towards downpayment for the property. 

Option fee is typically 2-3 times the about of typical deposit to rent. 

One-time option fee typically between $2,000 - 5,000 (which goes to down payment).

Monthly = $1,000 rent + $200 credit

Rent payment + down payment credit

Assist in determining the best financial option.  

Landlord must approve all improvements, often very limited. 

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At the end of your term, typically 6-24 Months Later 

Move in to your soon-to-own home! Over the next 6-24 months your PropertyPaths.com agent will work with you on improving your financial situation, including connecting you with a credit repair service.