RENT (LEASE- OPTION) A
HOUSE
We specialize in helping first time
homebuyers purchase their first home. You can realize the
American Dream of owning your own home. As a matter of fact
from the moment you move into a Brown Dog House, you are a
“homeowner in training”.
We will help you select a home that you
want to call your own. After the selection, you move in with
the intent to actually purchase the home. You are more than
“just” a renter.
Why would I want to Lease/Purchase a
Home?
You want better housing conditions for your
family! Who doesn’t? As a general rule Brown Dog offers
lease/option properties in better neighborhoods, and in better
condition than traditional rental properties.
You may have blemishes on your credit
report and most lenders make their decisions strictly on
applicant’s credit scores, debt to income ratio, and time on the
job.
We recognize that a first time homebuyer
may have challenges on their credit report. We work with you to
address those issues and fix them. Credit repair is a part of
our program.
While we are working to repair your credit,
you are building equity in the property and a portion of your
payment each month goes toward the purchase of the home.
If for some reason you change your mind or
move, you are not obligated to purchase the home. It’s the best
of both worlds. You have the opportunity to purchase the home,
but you are not required to purchase the home.
Typically our lease arrangements are from
12 to 36 months. During this time we are working with you to
get you qualified to purchase the home you are in. We are
working to get you “approved” and “qualified” to purchase the
house. You have the ability to purchase at anytime in this time
period.
In essence we help you:
