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Looking for a single family home environment? Close to good
schools? Lots of outdoor living space? A safe neighborhood where kids can play close to home and
walk or bike to and from?
If you want to take advantage of Bridge Trail Duet's generous offer of letting you build your
“nest egg” credit towards buying your new energy efficient home, take advantage of
prices lower than they have been in years. Let our agents know that you want to:
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- “Test-Drive” your new home, and lock in today's low prices.
- Get down payment and closing cost assistance.
- Decide later if you want to buy the home you are leasing at today's prices.
- You buy the time you need to repair your credit or save for your down payment
while you are living in your quality home, in a great location.
- Half of your monthly lease payment could apply to your purchase price.*
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Pay 10% more per month and have that amount plus 50% of your
lease payments credited towards your purchase! Or pay a certain fee up front
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to lock in your purchase price and make the Lease to Own option yours.
There are many people looking for high quality homes
in great locations but just do not have the down payment, good credit, long enough time on the job
or the income to afford to purchase a new home currently. Well, what if you could buy some time to
defer that decision without missing out on a great home at a great price today?
Bridge Trail Duets lets you move into that great home in a great location and exercise that
option within twelve to eighteen months!
Request Lease to Own Info
Show/Hide Lease to Own Details
Details:
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Under the lease to own program, the Tenant/Buyer and Lessor/Seller will enter into a lease with an
option to purchase and a sale agreement which sets the price of the home at today's current market
value, along with other documents normally associated with a new home purchase. The lease will
control the parties unless and until tenant/buyer elects to exercise the option to purchase.
Tenant/Buyer is under no obligation to purchase the home.
- With a lease option, Tenant/Buyer will pay 10% more than the stated monthly lease schedule
for the home and in return receive a credit of 50% of the entire monthly rent paid up to a
total of $10,000. In other words, if the stated rent is $1600, the lease will be for $160 more,
or $1760. Tenant/Buyer will receive a credit of $880 (50% of $1760) per month towards the purchase
price or closing costs in the event they exercise the option and
purchase the home. That means in one year the Tenant/Buyer will have "banked" $10,000 toward the
purchase. The credit may also be used for upgrades, interest rate buy down or closing costs at the
time the purchase option is exercised.
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Tenant/Buyer may exercise the option and close the purchase anytime after one year
for up to eighteen months after move in.
- If the Tenant/Buyer does not exercise the purchase option within the specified period, all
credits and increased lease amounts would be forfeited by Tenant/Buyer.
- These details are for informational purposes only. Only the terms and conditions of the lease,
option and sales agreements, executed by both parties, shall control the transaction
We reserve the right to make changes to lease option details without prior notice. Please
see representative for any updates.
