Say goodbye to
the leasing treadmill.
How Lease4Purchase works
Say goodbye to the leasing treadmill.
Lease4Purchase works in 4 easy steps.
1. Apply
- You start the process by filling out a Pre-Qualification Application that covers key issues.
- If the Pre-Qualification Application is approved, then you will be required to submit a Full Application for full credit and background checks.
- If a Full Application is approved, you will be given the maximum monthly rent of the home for which your household qualifies.
2. Find
- You will work with an afilliated REALTOR® to find an investor-qualified home in your area.
- Once a home is identified and approved by our investors, the investors will attempt to purchase the home—the outcome of which will depend on certain conditions being met such as agreeing on a purchase price with the seller, a satisfactory inspection, attorney review of the purchase contract, and other closing conditions being satisfied.
- Investors purchase the qualified home.
3. Lease
Once the investors’ offer for the home is accepted by the seller, you will be required to sign a one year lease for the home as well as a Right to Purchase Agreement.
4. Buy
You have the right to purchase the home at any time during your residency at the pre-set purchase price. If you choose not to renew the lease, you can walk away without penalty.
Mailing Address
5600 Tennyson Parkway Suite 135 Plano, Texas 75024
Phone & Fax
972-378-9200 PH 972-378-9209 FX
TREC License
#9000307