Health & Fitness
Alternative Option for Buyers that Don't Qualify for a Loan!
CBRCA is providing home buyers who have been rejected for a mortgage loan, an alternative option: a Lease Purchase. Read more here to find out which property can be lease purchased!
According to the Zillow Mortgage Marketplace, three out of ten Americans are unlikely to qualify for a mortgage. This is mainly a result from too low of a credit score. What does this mean? Many potential home buyers are being rejected when trying to qualify for a mortgage loan. Coldwell Banker Realty Corp has an alternative option for these home buyers: A lease purchase! A lease purchase is a fantastic but hard to come by option provided by the seller, where the closing date for the for sale property is post-poned to a later date, specified in the contract. The "home buyer" lives in the property and pays the seller rent, and then at a later date, buys the home. The amount the home is purchased at is negotiated in the original contract. Coldwell Banker Realty Corp is offering a lease purchase option on one of our properties, 52 River Road, Point Pleasant, PA 18947 ! If you're interested in learning more about this option or want more details about this home, contact Coldwell Banker Realty Corp!
