Example Home
@ $65,000.00
3 Bedroom
1 Bathroom
1 Car Garage
Central Heat & Air
Permanent Siding
Fenced Yard
No Special Taxes
.
Click on this Link
For An Application
.
Map
to our Offices.
.
These are Examples
only.
Actual terms and
figures
vary for each
property.
These amounts are
pretty close
to actual
figures for
the
example
property.
|
You are tired of renting.
You want to purchase a home.
But you don't have perfect
credit and you don't have a lot of money.
NO PROBLEM. Here's what
we'll do:
Move into your new home today!
Apply a portion of your monthly
lease payments towards the purchase price!
Purchase a Home in the Future at
Today's Prices.*
Here's an example:
FIRST > Move in and make
your lease payments of $650.00 in a timely manner.
This will benefit your credit in
two ways:
One - You are establishing
stability with not moving frequently.
Two - You are establishing a rental
payment history.
SECOND > We'll apply
$100.00 of your lease payment towards your purchase.
This is a credit towards the
down payment and costs at closing time.
THIRD > We will assist
you in resolving problems with your credit.
We can help and it doesn't cost
you anything for our assistance.
FINAL > Close on Your New
Home !
You've Done It
Applied Money Towards Purchasing.
Rebuilt Your Credit.
Established New Credit.
Purchased a Home.
|
* Real Estate Appreciated Nationally
at 6% last year (2002).
If you set a purchase price today at
say $65,000.00 and complete the purchase in 18 months,
then the property could appreciate
9% in value. That's $5,850.00 in appreciation !
You'd be purchasing a $70,850.00
home for $65,000.00 - Not A Bad Deal ! ! !
See how people can build wealth with
real estate ? !
|
|
Example
of a $65,000.00 Home Purchase |
|
Your
New Monthly House Payment: |
|
|
$425.76 |
Principal
and Interest (Rate 7%) |
|
$
26.27 |
Mortgage
Insurance Reserve |
|
$
50.00 |
Property
Insurance Reserve |
|
$
50.14 |
Property
Tax Reserve |
|
|
$552.17 |
Total
Monthly Payment |
|
Total
Money Needed to Close: |
|
|
$1,950.00 |
3%
Down payment required |
|
$1,298.00 |
Estimated
Closing Costs |
|
$1,102.00 |
Estimated
Prepaid Reserves |
|
$4,350.00 |
Money
To Purchase |
|
-1,950.00 |
LESS:
Seller Paid Costs |
|
-1,400.00 |
LESS:
Monthly Lease Credit |
|
-
500.00 |
LESS:
Rental Deposit |
|
-
450.00 |
LESS:
Loan Application Fee |
|
|
$
50.00 |
TOTAL
MONEY TO CLOSE |
|
*
PLUS * Skip a House Payment or Two ! ! ! |
|
Your
First Payment is not due for 30 to 60 days! |
|
