Lease Purchase Program
Lease Purchase Program
Dream Homes provides access to legal experts who offer valuable guidance to clients, empowering them to make informed decisions and safeguarding their interests throughout the home purchasing journey.
Applicants must have successfully completed a bankruptcy discharge or have resolved any foreclosure records to qualify for our services.
Lease Purchase Program
Dream Homes has established strategic partnerships with corporate entities to offer an exclusive opportunity for qualified individuals to engage in our lease purchase program. Prospective participants aiming to enroll in the lease purchase program must meet established criteria, which includes maintaining a credit score of 650 or above.
Prospective candidates seeking eligibility are required to provide documentation verifying their household income, showcase a favorable rental track record over the previous 24 months, and confirm the absence of active bankruptcy or foreclosure proceedings.
Planning to Lease Purchase Your New Home
Embarking on the journey of purchasing a home is a decision of great emotional and financial magnitude, signifying one of life’s most significant milestones. Therefore, it is imperative to arm yourself with the requisite knowledge for a smooth, stress-free, and financially prudent home buying experience. With this in mind, the seasoned professionals at Dream Homes recommend prospective buyers to seek guidance through homebuyer counseling and educational programs before initiating their first home acquisition. To facilitate this essential preparation, Dream Homes offers tailored coaching sessions.”
Home Buying Requirements
DEFINE YOUR GOALS FOR THE PROGRAM.
Before embarking on the program, it is crucial to provide your financial consultant with the necessary power of attorney documentation. Understanding your objectives and reasons for enrolling in the program is fundamental. Cultivating this self-awareness in advance will optimize your learning experience, empowering you to confidently absorb the information and apply it effectively in your pursuits.”
LEARN IMPORTANT DETAILS ABOUT THE PROGRAM PROCESS
“During your coaching session, you will delve into crucial aspects of the home buying process, gaining valuable insights and resources to guide you on your journey. Anticipate thorough discussions on a variety of topics such as selecting a real estate agent, performing comparative evaluations of home loans, understanding the closing process, and crafting strategies for foreclosure prevention.”
EVALUATE YOUR BUDGET AND CURRENT FINANCIAL STANDING
A critical aspect of the coaching process is ensuring that clients commit to the recommended plans provided by their consultant. It is vital to conduct a thorough examination of your current monthly budget. You will need to provide a detailed breakdown of your income and expenses to your consultant, who will utilize information from your credit report, including your credit score. This evaluation will facilitate discussions with your consultant about your current financial position and how homeownership fits within your financial framework.
LEARN EVEN MORE.
Here are some key points to consider as you embark on the journey towards purchasing your first home:
1. Contemplating Home Ownership
2. Organizing My Finances
3. Searching for My First Home
4. Acquiring My First Home
5. Administering My First Home
6. Lease Purchase Agreement Contract.