Lease Purchase Solutions, Ltd.

Home   Sellers   Buyers  Investors   Gurus  Calculators  Contact Us  Site Map  

Rent 2 Own a Home

If you would like  to know about our California "Rent 2 Own" Homes as soon as they become available in Marin County, San Diego County or  Sonoma County ( and before they are advertised to the general public) please click the following links...

Marin County

San Diego County

Sonoma County

... to be Added to Our email Notification List





























Benefits of Lease Purchase for the Tenant Buyer
  • Maximum Leverage: You don’t need a 10% to 30% Down Payment to get into the Property. When you buy a Lease Purchase (Rent 2 Own) home, you can put down as little as first month's rent, a security deposit and a 3% to 4% option deposit.
    • You are spending very little money to control a very expensive, and very profitable, piece of real estate. You will be put in full legal control of the home for a specified period of time without actually having to own it.
    • Compare that to a typical bank or lender who requires 10% -30% down.
    • What is Option Consideration (Option Deposit)?
      •  It is the upfront money you pay the seller in order to lock in the purchase price for 1 – 2 years.
      • When you sign a Lease Purchase (Rent to Own) contract, you will pay the seller an option deposit. This money is your vested interest in the home and will be fully (100%) credited toward purchase price when you buy the home.
  • Rent Money is Working Toward the Purchase of a Home: Every month a portion of your rent payment (typically 25% to 50% of your monthly rent/lease payment, depending on the home) is credited towards your down payment or closing costs when you exercise your option to purchase. You are buying the property while renting it. Equity accumulates much faster than with conventional financing through a bank or lender.
    • Why Does a Landlord Give a Rent Concession? The Landlord gives a rent concession to the tenant as an incentive to pay their rent on time and take care of the minor maintenance and repair on the property.
    • How Can He Afford to Give a Rent Concession? Since realtors are usually not involved with this type of transaction, there is no commission and the landlord can afford to pass along the savings to the tenant/buyer in the form of a rent concession.
  • Frequently No Down Payment at Closing - Minimum Cash Out of Pocket : Since you have given the seller up front option money and you have been receiving a monthly rent concession, there will frequently be very little or nothing left to pay for a down payment at closing.
  • Profits from Appreciation: Since the sales price is locked in up front (as specified in your option agreement), any increase in property value will mean that your equity (the amount of the homes value minus what you owe) is increasing in the home.
  • Credit Problems are Okay: Qualification restrictions simply do not exist. You will be approved at the sole discretion of the seller.
  • No Lengthy Escrows or Mortgage Approvals: Your approval will be based solely at the discretion of the seller instead of a lender who can take up to a month (or longer) to render a decision.
  • No Taxes, Less Liability: Since you do not own the home (yet), you will not have to pay property taxes and your liability exposure will be dramatically reduced.
  • Quick Move In Time: You can typically take possession of the home in less than one week instead of conventional move in times of one to three months after your offer was accepted.
  • Time: Before you actually buy the home, you will have 12-24 months (depending on your agreement) to save for a down payment, repair your credit, find the best mortgage interest rates, investigate the home and research the neighborhood and/or schools.
  • Minimal Maintenance: Major maintenance and repair problems or any maintenance problems that exceed a certain amount of money are the responsibility of the owner.
  • Privacy: Your name will not be on the deed (or any other public records) until you exercise your option to buy.
  • Peace of Mind: You will have full control of the home knowing that you have the exclusive right to buy the home at a future date.


Gar C. May, Real Estate Broker
1357 Hornblend Street
San Diego, Ca 92109
cadre # 479003