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Step-1: Submit Your Listing
First you’ll sign up by filling out the online Property Information Form detailing your homes info, your asking price and how much you need a month in rent. We’ll also need a signed non-exclusive lease option listing Agreement. This form gives us authorization to market and show your property to our buyers.
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Step-2: Expose Your Home
We will then discuss with you our best strategies and develop a marketing plan specific to your property and our staff will generate all of the marketing materials and upload your home’s information to our best traffic-generating websites. Your home will also be presented to our current database of Pre-Approved Tenant-Buyers.
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Step-3: Showings
Showings of your home are typically scheduled with plenty of notice, however, in some rare cases showings can occur with as little as 1 hr notice (flexibility with short-notice showings has proven to help sell homes much quicker).
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Step-4: Secure a Contract
Once we secure a Tenant-Buyer for your property, we will put together a Lease-Purchase Package containing a Tenant-Buyer Profile Page, a Filled-out Lease-Purchase Agreement, a Credit-Report, Background Check Report and a summary of our Credit-Repair Specialists suggestion on how soon the Tenant-Buyer should qualify for a loan.
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Step-5: Set Up Escrow
After you have approved the Tenant-Buyer, we will collect the first month’s rent and our fee from the buyer. Prior to the Tenant-Buyer moving in, you will receive a package complete with the first month’s rent.
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Step-6: Collect Payments
The Tenant-Buyer will subsequently continue to make monthly rent payments to you directly or you may elect to have rent collection handled by a third party escrow company.
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Step-7: Sell Your Home
Lastly, your Tenant-Buyer will continue working with a Credit Repair Specialist and Loan Officer to ultimately complete the sale of your property within the time specified in the Lease-Purchase Agreement.
