Make your home more attractive to potential buyers. A sparkling clean appearance gives the impression that your home has been well-maintained and cared for over the years.
Learn more about how to sell your property.
Denmark Properties, LLC.
120 Summit Parkway
Homewood, AL 35209
Phone: (205) 277-6777
Or use our contact form.
If you would like to sell your home visit our partners www.dphomebuyers.com. They specialize in buying homes in any condition, any price range, and any situation.
Is a down payment required in Lease Option?
YES. To have an option to buy, you must, by law, put money down toward the property, which goes toward the purchase price of the home. Your purchase price remains locked-in.
A quick example of the down payment process:
Purchase price - $150,000.00, down payment amount of $7,000.00. The amount due when you qualify for Owner financing is: $143,000.00 ($150,000.00 - $7,000.00).
How much is the down payment?
That depends. A large down payment will help tremendously when you're working with us for long term financing. You should offer as much of a down payment as you can afford, so that we may get a home in your name as soon as possible.
Higher down payments will give you first choice when your ideal home is available. However, you should know that if you fail to qualify for bank financing within the term of the lease, your down payment may not be refundable.
I have horrible credit. Can you help me?
Most likely, yes. Depending on how much you can afford as a down payment and just how bad your credit is, we may still be able to get you in a property. We can put you in touch with a Credit Repair Specialist who can assist you in finding a credit solution.