We recommend you allow 4 weeks from the time we identify the Investing Partner for your program. If you have been served with Notice for Power of Sale we “strongly” recommend you call us immediately as time is of the essence.
Normally you are committed to the entire Lease term. Your Investor has incurred significant costs to enter the program with you and is looking to recover their investment. We have been successful negotiating with the Investor allowing clients to exit early. In our experiences long as the Lease Payments have…
As you will be buying back the property you currently own, you will be responsible for maintenance and all Utility bills including the water bill.
Yes. We have a program which will restore your Credit rating so you can return to main stream financing at the end of the lease term.
If the issue is related to an unexpected life event during the lease but you have made your lease payments on time, we can extend the lease until you get by the life event and get back on track. If you have missed payments or have failed to follow the…
Be prepared for the following expenses: · Appraisal Report · Inspection Report · ILA – Independent
There is no Interest rate used when calculating payments. Our Payments are based on lease factors which adjust according to down payment, location and overall risk of any application. Our payment includes a portion for Down Payment Top Up (20% of total payment – included in payment total when quoted),…
As a general rule it is capped at 90% of the property value but on exceptions we can consider 95%
Yes…when you go through our Lease Buy Back program the title stays with the Investor who funded your application. However, you are never without legal right to the title of the property as the Purchase and Sale agreement to buy the property back is signed “before” the Lease Buy Back…
Get your Bank to refinance your Mortgage and include any arrears in the Re-write. In today’s lending environment where lending rules are very restrictive…the chances your Bank will rewrite your mortgage are slim to none.. Apply for a Secondary financing to get you out of the Foreclosure or Power of…
