Lease Purchase Solutions, Ltd.

 

 

 

 

Don't See Anything Suitable?

Tell us what you are looking for HERE  & we will let you know when a "Rent 2 Own" home that fits your criteria becomes available.


 



8708 Lamar Street #6, Spring Valley (San Diego), Ca 91977

"Why Rent When You Can 'Rent 2 Own' Your Future Home"

Open House: Sunday 2pm-4pm 

 
For "Rent 2 Own" Tenant Benefits
Click Here

Spring Valley is the largest un-incorporated community in the county of San Diego, covering thirteen and a half square miles.

Located 11 miles East of Downtown San Diego, Spring Valley is bordered by La Mesa and El Cajon to the North, Jamul and Dulzura to the East, Sweetwater and Bonita to the South, and Paradise Hills and Lemon Grove to the West.

Within Spring Valley's boundaries can be found a variety of smaller communities - Casa de Oro, Rancho San Diego, La Presa, Dictionary Hill, Mt. Helix, and Bancroft.

Today it is dotted with condos and affordable homes to house its population of 59,384 residents (as of year 2000 census).

*************

The information in the following section was derived from analysis of data (such as age, occupation, and income) from the 2000 U.S. Census. Using segmentation methods, analysts created groupings based on the demographic and socioeconomic composition of each city and neighborhood.

Who lives in Spring Valley?
Stretching Couples - High-income, high- expense suburban couples. These married couples without children earn handsome salaries, but have significantly higher mortgages than the national average. Most own their homes, and some have a college education.

Multi-lingual Suburbanites - Middle-class, suburban individuals who speak a foreign language. Age ranges from 30s to 60s. Some own their homes. Education varies from high school to college, with some earning graduate school degrees.

New Suburbanites - Mobile suburban singles. A high proportion of these pre-middle-age to middle-age singles have moved to the suburbs in the past 4 years. Some have a college education and work in professional or management careers.

In this neighborhood, a larger number of people have these characteristics than in surrounding neighborhoods:
Education
Did not complete college
High school graduates
Employment
Work for the government
Work in office and administrative support occupations
Income
High rent compared to income
People & Culture
Born in the Midwest
Born in the South
Retirees
Wealthy retirees
Transportation
Drive to work alone

 

Keywords:

affordable rent to own

bad credit

buy with no credit

creative lease option

lease with option to buy homes

lease option investing

lease option to buy homes

lease w option to purchase

lease with option to buy

lease option homes

lease purchase options

lease option to buy

lease option

for sale by owner

fsbo

home for rent

homes for lease purchase

homes for rent by owner

homes for rent to own

homes for rent with option to buy

house for rent to own

houses for rent to own

lease buy

lease option

lease option home

lease option homes

lease option house

lease option to buy

lease option to buy home

lease option to buy homes

lease option to buy real estate

lease option to purchase

lease options

lease purchase

lease purchase financing

lease purchase home

lease purchase homes

lease purchase house

lease purchase houses

lease purchase option

lease purchase options

lease purchase real estate

lease purchasing

lease to buy

lease to buy homes

lease to own

lease to own contracts

lease to own home

lease to own homes

lease to own house

lease to own houses

lease to own option

lease to own properties

lease to own property

lease to own real estate

lease to purchase

lease to purchase home

lease to purchase homes

lease with option

lease with option to buy

lease with option to buy homes

lease with option to purchase

lease with purchase option

low down payment

no bank qualifying

no money down

no qualifying

option to buy

owner finance homes

owner financed

owner financed homes

owner financing real estate

owner will carry

real estate

real estate investing

real estate lease option

rent 2 buy

rent 2 own

rent 2 own homes

rent option to buy

rent to buy

rent to buy home

rent to buy homes

rent to buy house

rent to buy houses

rent to own

rent to own a home

rent to own a house

rent to own condo

rent to own condos

rent to own home

rent to own homes

rent to own house

rent to own houses

rent to own housing

rent to own in

rent to own lease

rent to own properties

rent to own property

rent to own real estate

rent to own townhomes

rent to purchase

rent with option

rent with option to buy

rent with the option to buy

rent2own

renting to buy

renting to own

renttoown

seller financing

"Use Your Rent Money to Get Started Owning A Home..."

There is no bank qualifying required to get started.

Pay $1,597 per month rent on time and receive a $000 per month rent credit toward the purchase price. That comes to a $9,6 00 credit toward the purchase price at the end of the first year.  If you can pay $1,897 per month we will give you 100% rent credit. At the end of the year that comes to a total of $22,764 that you can deduct from the purchase price just by paying your rent on time. There is no bank qualifying required to get started.

If you would like to own your own home but are unable to secure conventional financing today, leasing a home with an option to buy may be your best option. A lease purchase (rent 2 own) can make your rent money work for you instead of making your landlord rich. Typically "Rent 2 Own" homes offer a 25% to 100% rent credit that reduces the final purchase price.

If you are like most people you dream about owning a nice home in a nice neighborhood. If you can afford a reasonable down payment (called 'option consideration'...a payment that "locks in" the purchase price) and monthly rent payments, you can easily qualify to buy this home. Our owner “Rent 2 Own” financing program makes buying this home easy. Here is your chance to make your dreams come true. You can own this home today even if you have bad credit. Click Here for Additional Information About our Townhouse.

This is a perfect family home.                                                                   

  • 2 Story Townhome 

  • Bedrooms 3

  • Bathrooms 2.5

  • Est. Square Feet 1222

  • Fire sprinklers throughout

  • 2 Car Parking

  • Year Built 1992

  • New Paint, Marble & Bamboo Hardwood Floors

  • New Kitchen Appliances

  • Quiet Neighborhood

  • $1,497 per month rent with $750 per month rent credit toward Purchase Price

  • Or $1,897 per month rent with 100% rent credit toward Purchase Price

  • Down Payment (Option Consideration) = Negotiable- Locks in purchase price up to 4 years.

  • 12 month lease option with right to extend 3 additional 12 month terms

  • Our Rent to Buy Program
     

  • 3 Requirements for Tenant
     

  •  Rent 2 Own Application

Picture
 

Click here for Interior Photos

After you have driven by the complex to make
sure the location & neighborhood meet your needs
Click Here
 
and tell us about your home buying criteria so we know how to have your rent money help you get started owning a home.

And Then Call


Gar May at 858-272-5510 so we can
set up a time for you to see the inside.
 

 
 
 

Calculate How Much Money
You Have Wasted Paying Rent?

 

 
 

Filling out the questionnaire below will help us put together a "Rent 2 Own" Agreement that will work within your budget.

 
 
 

Information About You & Your Home Buying Criteria:

 
Do you currently Rent or Own?
How Would You Rate Your Credit?
What is Your Maximum Monthly Payment and Still Remain Within Your Budget? $
If you have "credit issues" how long do you think you will need to correct them?
How Much Can You Raise as a Down Payment (Option Consideration) Toward the Purchase of Your Future Home? $
What is the Purchase Price Range That You Can Afford and Still Remain Within Your Budget?
Approximately when do you plan to Move? *required
Moving in less than 30 days select #1
Moving in more than 30 days select #2

Other Information We Should Consider:

Your Contact Information?

(Please Complete All Fields)

First Name:
Last Name:
Street Address:
City:
State
Zip/Postal Code:
E-Mail:
Daytime Phone:
Evening Phone:
Fax:

 

 Rental Application

If you have any questions please contact me at: gmay@san.rr.com

Privacy Statement
We respect your privacy - All of your personal information will remain within the Lease Purchase Solutions network to assist you in buying, selling or financing your home.

Your Privacy is Always Guaranteed!   I Hate Spam as Much as You Do!!!
 

IMPORTANT – PLEASE READ: By providing your contact information on this website, you are expressly granting Lease Purchase Solutions, Ltd. permission to contact you even though you may have previously chosen to have your telephone number added to any Do-Not-Call List including lists maintained by us, or any local, state, or federal government agency.


 
  "Delivering The American Dream"  
  Lease Purchase Solutions, Ltd.  
  Gar C. May Realtor/Broker  
 
Direct Office: 858-272-5510  
Personal FAX: 858-272-6135  
Email: gmay@san.rr.com   
 
 
 

 

 

 

 

 

 
What you will like best about this quiet, charming, completely remodeled throughout “Move-In Ready” two story, 3 bedroom, 2.5 bath, 1222 square foot townhome is its central location in the heart of Spring Valley.

It is tastefully decorated with beautiful inlaid marble and exotic gleaming natural bamboo hardwood floors throughout plus professional designer touches which are only some of the impressive attributes/ features of this lovely home.

It has an inviting private fenced back yard with a lush flower garden with fruit and palm trees. The patio is perfect for outdoor entertaining. You will feel safe knowing that you have a fenced back yard big enough for your young children & pets.

It is very conveniently located close to schools, a community park and downtown shops with easy access to SIX Highways (Hwy 94, Hwy 125, Hwy 5, Hwy 8, Hwy 15 and Hwy 805) which is ideal for easy commuting. It is only a few minutes drive to the San Diego International Airport and downtown San Diego attractions.

This is a highly sought after townhome that has a large master walk-in closet, an upstairs laundry closet and all new kitchen appliances.

8708 Lamar Street #6 is a charming owner-financed Spring Valley townhouse condominium.

Click Here  and give us the information we need in order for us to put together a "Rent 2 Own" Agreement that will work within your budget. (i.e. Tell us about your home buying criteria.)

You are probably here because you are interested in buying a nice condo for yourself and your family EASILY with minimal hassles. If so, you have come to the right place.

Our "Rent to Buy" program is perfect for the family who wants to own their own home but can not yet afford to buy because of lack of funds for a down payment, poor credit, or not being on the job long enough to qualify for a bank loan. With our "Rent to Own" program you can fix these problems while you live in the house.

Even if you have "SHAKY" credit, that's all right. We don't have a required dollar amount that is necessary for you to put down to move in. That amount is negotiable and if your down payment offer is reasonable we will try to work with you. We will do our best to work within your budget for your monthly rent and your down payment (option consideration).

When you are ready to exercise your option to purchase and if you are not in default of your lease we will carry the financing so there is no need for you to qualify for a bank loan.

The question you need to ask yourself is what would your budget allow you to put down towards the purchase of your future home? This down payment (option consideration) will "lock in" the purchase price for up to 4 years.

Your next step is to drive by 8708 Lamar Street #6 and see the location and neighborhood and judge for yourself how perfect this home is for you and your family. Map

After you have had a chance to see how much you like the neighborhood and if "renting to own" this townhome is something you would be interested in please fill out the form below and tell us about your home buying criteria. Or after you have driven by the property you can call Gar May at 858-272-5510 for an appointment to see the inside.
 

 
Benefits of Lease Purchase for the Tenant Buyer
  • Maximum Leverage: You don’t need a 10-20% 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 2% to 4% option deposit. We can even spread some of this over monthly payments.
     
    • 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 10-20% 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 – 4 years.
         
      • When you sign a Lease Purchase 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 100% of your monthly rent/lease payment, depending on the home) is credited towards your down payment or off the sales price. This rent credit goes toward the final purchase price of the property. 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 Credit? The Landlord gives a rent credit 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 Credit? 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 rent credits.
       
  • 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 monthly rent credits, 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 before closing (as specified in your agreement), any increase in property value will mean that your equity (the amount you owe minus what it's worth) 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.
 
 
3 Main Requirements For The "Rent 2 Own" Tenant Buyer

1. Pay Rent On Time:

Each and every month the Tenant Buyer must pay rent on or before the 1st day of the month. Depending on which program is chosen, between 25% and 100% of the rent will be credited towards the purchase price of your future home. If the rent is not received on or before the 1st of the month you will lose the entire rent credit for that month. When you just rent there is no rent credit. When you have a traditional loan, in the early years very little of your monthly payment goes towards reducing the loan amount. When you “Rent 2 Own” if you pay your rent on time you will get a rent credit with a generous amount of that rent going toward reducing the amount owed on the home.)

2. Maintain The Property:

This will be your home. You will be responsible for all the day to day maintenance on the property. Anything major is usually the responsibility of the owner. If you clog the toilet, break a window, or make a mark on the painted walls it is your responsibility to take care of it. It is in your best interest to maintain and improve the property because eventually you will need to refinance the property and cash us out and your lender will give you a larger loan if the property is in good shape.

Plus, if you make improvements to the property and the property goes up in value, (if you exercise your option to purchase) that increase in the homes value is yours to keep. Your purchase price is locked in at the beginning of the “Rent 2 Own” term and it cannot be raised for any reason. This is one of the huge benefits of our “Rent 2 Own” program.

3. Pay Up Front Option Money:

An upfront “Option Consideration” payment is required to move into the property. The amount is reasonable and negotiable. This payment is 100% applied towards the down payment of the property when you exercise your option to purchase the property. "Option Consideration" is what "locks in" the purchase price for the term of the lease option. The lease term on each property is different. During this time you will have the opportunity to save money, repair your credit and locate the best loan. Usually you have the right to buy the home at any time during the lease option period. If you do not exercise your option to buy the property during the “Rent 2 Own” lease term the upfront option money is forfeited. (Option money is not refundable.)

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

eXTReMe Tracker
\n"; $html .= " \n"; $rss = new rss_parser("http://www.washingtonpost.com/wp-srv/realestate/buy/rssheadlines.xml", 10, $html, 1); ?>
\n"; $html .= " \n"; $html .= " #{title}
\n"; $html .= " #{description}
\n"; $html .= " #{pubDate}

\n"; $html .= "