Lease Purchase Program

Are you fed up with throwing away your hard-earned money every month on rent?

Do you want to put your family into a beautiful place they can call home? What’s stopping you? Credit? Past Issues? With a lease-purchase, with TMG E-Vestments you don’t have to face the immediate scrutiny that lenders will put you through.

We put you on the path to homeownership with our Lease Purchase Program. It simple really, you know the benefits of buying vs renting. But with our Lease Purchase Program, we take away the stress and worry that comes with buying your new home!

Benefits of buying through our Lease Purchase Program.

• Many past credit problems are not a problem.
• Less qualifying restrictions.
• The purchase price is agreed upon and locked in ahead of time.
• Tax benefits! You will receive benefits such as depreciation etc.
• You can check out the area and house thoroughly before purchasing the house.
• The property continues to build equity while you are living in it. That equity is yours when you exercise your option!
• We offer a home warranty on all properties to cover most repairs such as A/C, water heater, etc.
• The option fee locks in your purchase price regardless of how the market changes.
• Part of your rent payment every month is credited to the purchase price, which can also be used towards closing costs.
• We work directly with loan officers to assist you in obtaining permanent financing.

At TMG E-Vestments we specialize in what is called a short-term lease purchase, which has tremendous benefits for both buyers and sellers of real estate.

Our program is a great alternative to renting and we help our tenant-buyers prepare for financing.

We know some of the requirements mortgage companies ask for but we specialize in minimizing the risks and work closely with credit repair companies, loan officers, and our tenant-buyers so you’re covered when it’s time to exercise your option to purchase when the times comes. 

Here are problems some of our buyers face:

• Lending guidelines constantly changing making it harder to get approved.
• Relocating and needing to get the family situated before financing.
• A business owner who doesn’t have financials per lender requirements.
• Not so great credit that needs to be repaired/corrected to meet lender requirements.

How we help solve these problems for our clients!

• We provide solutions for people looking to purchase a home but can’t quite qualify for a traditional mortgage. 
• We work directly with credit repair companies to help repair credit, remove old collections, and establish tradelines.
• We connect you with a CPA to assist with getting your financials in line if needed. 
• We keep in constant communication with tenant buyers and loan officers to ensure you stay on track to qualify for your mortgage.
• We lease you the home for one year while you work out whatever is stopping you from meeting loan guidelines.
• We make sure you’re covered with a home warranty plan.
• Once you’re ready we walk you through the process until you’re ready to exercise your option!
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What is required to qualify for a lease-purchase property?

• You must make 3 times the monthly rent
• Bankruptcies must be discharged and certain time restrictions have to be overcome.
• Foreclosures have certain time restrictions that are set forth by the lenders. But we can work with you on this on a case-by-case basis.
• Tax Liens normally must be paid before financing.
• Many past credit problems are not a problem.
• Credit Scores (Although other items are important, most lease option specialists are looking for applicants that are no more than 60 points away from FHA finance.
• Judgments must be resolved for most lenders.
• We require a home warranty on all properties to cover most repairs such as A/C, water heater, etc.