IS OWNING A HOME RIGHT NOW OUT OF YOUR REACH?
You’re not alone. Like many others, there are a number of reasons why buying a home is not possible right now. Maybe there was an illness, job loss, or divorce that cause a shortage of income, job instability, or bad credit. Many banks and lenders have lengthy qualifying criteria and a high demand for housing and a rising interest rate environment are other scenarios that might put homeownership out of reach.
Nonetheless, when it comes to finding a place to live, the search and process are both similar and familiar to that of a home buyer: you need to match your budget to a home that is the best size, layout, and location. But you may be limited by the rental choices available on the market.
Dream Team Real Estate offers a Lease to Own program through a partnership with Dream America. It’s an option that expands both your rental choices and options toward home ownership. Following application and approval, you will gain access to every home listed on the market for purchase, but you will receive the opportunity to lease that property until you’re ready to purchase the rental home by entering into a lease agreement for up to 5 years with the owner.
Once qualified for the program:
• You may select any house that is for sale in your city.
• Dream America will buy the home and rent it back to you.
• You will then follow a Dream America Program to get mortgage-ready.
• Once you buy, 10% of all of the rent you have paid is credited towards the purchase of your home.
To learn more about the program or to apply, visit Dream America here: https://bit.ly/DreamAmericaTeamLeasetoOwn