7415 Nick - Available with our Lease with Purchase Option Program!
Located in Hillside Terrace, this home has approximately 2,099 sq. ft. of living space with 3 bedrooms, 3 bathrooms, and a 2 car garage! This home features a spacious open kitchen, wood tile flooring, two side yards, modern fixtures and neutral colors. The room upstairs can be used as an extra large bedroom, a flex space or movie room.
LEASE WITH PURCHASE OPTION PROGRAM
This program has helped hundreds of people just like you turn their rental home into their forever home. During a 6-month period, you have the opportunity to improve your credit with professional advice while building a down payment toward the purchase of your home.
If you choose to pay an option fee, that payment will go toward purchasing the home.
At Open Sky Homes, we understand how difficult it can be to purchase a home when you have extenuating circumstances. Maybe your credit score is lower than you would like or perhaps you have been denied in the past. Maybe you haven’t saved up money for the downpayment or just don’t know where to start.
Whatever the case may be, our Lease with Purchase Option Program is designed to give you the option of purchasing your home and stop losing all your monthly investments to rent. You can choose to pay an option fee (which reduces your monthly payment), or you can choose not to.
If you choose to pay an option fee, that payment will go toward the purchase of the home. You can buy the property at any time during the lease period. You can complete the term of your lease and decide not to purchase the home. The choice is entirely up to you!
When you sign on, you can pay an option fee. We will lower your monthly payment in proportion to the option fee amount you choose.
The second part of the program applies regardless of whether you choose to pay the option fee or not. You can exercise your option to buy at any time during the lease period.
For example, if you choose to pay $3,600, we will lower your monthly payment by $300. Plus, we’ll give you full credit for the amount of the fee you pay.
Here’s how it might look in action:
Monthly lease payment : $2,295
Option fee paid : $3,600
Payment reduction for fee : $300
Payment after option fee : $2,095
If you decide to purchase the home, you will automatically have credit for the $3,600 applied to your down payment and a 10% credit per lease payment made during the first year. This equates to $2,754 in closing cost credits in addition to the amount of the option fee you paid. It’s that simple!
*Lease with Purchase Option is subject to credit approval.
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