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| What is a Lease Purchase |
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What is a Lease Purchase?
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TMG's Lease Purchase Program is like renting AND buying. |
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In a Lease Purchase you are able to move into your own home now, even if you do not qualify for a mortgage today. |
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You have from 12-24 months to secure a 1st mortgage and become the actual owner of your property! |
What do you do to qualify?
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Consult with a mortgage professional of your choice or TMG will provide a list of different professionals from which you may choose. |
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The mortgage professional will write a letter to TMG discussing your future ability to qualify. |
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With a TMG credit check, application & the mortgage letter you will soon be on your way to home ownership! |
Now the FUN part!
You get to choose one of the many TMG Lease Purchase Properties. There are homes & condos of all sizes & types in all areas. We know that you & your family will find the perfect home!
Once you do, you will be asked to remit a nonrefundable fee that is credited toward your closing costs when you purchase the home. The price of the home remains locked in during the 12-24 month period, so you get the benefit of any property appreciation!
Ask our Lease Purchase Specialist how to qualify for the additional monthly credit!
During your tenancy you are renting from TMG. The current legal owner pays the taxes, insurance & mortgage. You get the feel of homeownership as you handle all maintenance issues after move in. This is different than a normal rental, but this is not a normal rental.
Well, what are you waiting for??
This is your chance to make that dream home a reality!! Call us now and take the first step!
Contact:
Rebecca Blaisdell
Vice President of Residential Services
(360) 397-0329
rebeccab@TMGnorthwest.com
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