Frequently Asked Questions

Why should I own a home instead of renting?
A home is an investment that is also very practical!  When you rent, your monthly rent check is an expense that gives you no benefit. That money is gone forever! Just add up how long you have been renting and how many thousands of dollars you have lost!  When you own a home, your mortgage loan interest is a tax deduction from your federal income taxes, and usually from your state taxes as well.  This is huge because for the first several years of your mortgage, most of your monthly payment is interest.  Also, you can deduct the property taxes you pay as a homeowner!  Finally, every improvement you make to your home is not just a benefit to you, whether it is new lighting fixtures or window treatments, but it also increases the value of your home, instead of increasing the value of your landlord’s property.

What if I have bad credit?
Even if you don’t have an excellent credit score, there are still many things you can do to fix it. Certainly, there are incidents that can’t be taken off the report but you can take effective actions on your own behalf to rebuild or repair your credit score within just a few months.  Contact us today for advice and we will help you develop an action plan to improve your credit situation right away.  A few simple actions can have a big impact on your credit score and save you thousands in interest payments by lowering your interest rate.

How much money do I need for the down payment?
We’ll work with you to determine what you will need for the down payment. In some instances, we can make special arrangements for you to make a series of payments to build up the amount you will need!

How do I know if I qualify for a loan?
If you don’t already have a mortgage consultant, call our office or fill out a Contact Us form (link to Contact Us).  We can initially help you evaluate your loan potential.  This is a free service we provide before you start looking for a home.  You are under no obligation, this is simply for your own benefit.

What is the Rent-To-Own Program?
The Rent-To-Own program gives you the opportunity to go from renting to home ownership by first establishing you in your new home as a “renter”.  As part of the lease you have the exclusive right to purchase the home at a later date.  If ou don’t have enough money for the down payment or if you have poor credit, then this is the perfect option for you! The program gives you the time to repair the issues on your credit report that have been preventing you from buying a home.  Additionally, we can make arrangements for a fixed amount of your rent to be applied toward your down payment on the home!

What will your service cost me?
Nothing!  We do not charge any fees or commissions at any time!  As investors, our reward is finding a buyer for our homes and the satisfaction of helping another family to achieve home ownership!

I still have questions!
Contact us with your questions and we’ll be happy to assist you!