Lease Purchase Program
Welcome to the Lease Purchase Program offered through the Davis Group Real Estate Team for Southern California. This program allows qualified renters to lease a home they want to own and purchase at a later date.
- Who is the program for – people with a steady source of income who are looking for a house to leader that they may one day own.
- Who should apply – those who meet the basic criteria for lease approval.
- Steady verifiable income
- No evictions
- Acceptable credit score (620 or better)
- What is lease approval – Applicant pays $35 non-refundable application fee and verifies income.
- What happens after lease approval- the applicant will be given a maximum rent amount. The Davis Group will take the maximum rent amount and determine how much house that payment will purchase. We will look at where you want to live and see if housing that fits your approval is available there. Please note that this program does not fit every area in California.
Next Steps – Contact me and let me know you want to apply for a lease. I will send you a link to apply.
Jeff Davis – Manager
The Davis Group Real Estate Team
909-257-7735