Follow on Google News News By Tag * Pride Of Ownership Partners * Lease Purchase * Lease-to-own * Atlanta * Tim Cabrera * Jeffrey Britz * Mortgage * More Tags... Industry News News By Place Country(s) Industry News
Follow on Google News | Atlanta Lease-to-Own Home Program Begins to Reap Results for ParticipantsPride of Ownership Partners, an Atlanta-based company that started a unique, new lease-to-own program in July 2008, is already seeing results for its clients, with the first closings scheduled for the end of March.
By: Top Cat Creative Services “My business partner, Jeffrey Britz, and I firmly believe we are helping to stabilize neighborhoods,” Another unique feature about Pride’s lease-to-own program is that the firm is allowing the full three-year rent credit even when the client goes from tenant to homeowner in less time. So, for example, on a $1,000 a month lease, three years of rent would total $36,000. Half of this, $18,000, would be reserved as the tenant’s down payment, creating instant equity in the home. However, if the tenant can get qualified for a mortgage in less time—and more than half of Pride’s tenants are currently accomplishing just that—the full $18,000 credit would still apply. The home’s price is also locked in at the time of the lease to help avoid surprises later. “We also do comparisons for the client so they can see the cost difference of owning vs. renting. It’s always less costly for them to own and I have seen the difference be as much as 30 percent.” People entering the Pride of Ownership Partners lease-to-own program are not required to spend thousands to get into their lease options. The firm simply requires the standard one month’s security deposit and first month’s rent. One Pride client (one of numerous glowing testimonials at http://www.prideownership.com/ With homes purchased, renovated and leased in DeKalb, Gwinnett, Paulding, Cobb and Henry counties, Pride of Ownership Partners is looking to expand the lease-purchase program into other metro Atlanta counties and beyond. To learn more about Pride’s lease-to-own program, to submit a free, no obligation online application, to see current homes available or to read additional customer testimonials, visit www.prideownership.com or call 770-484-8317. End
Account Phone Number Disclaimer Report Abuse
|
|