Lease Option Process

The Process (What you can expect)

1. Review home inventory
     a. Find one that you are interested in.
         1. Of course you can do a drive by of the home if you like.
         2. You can contact us with any questions you may have @ StarnesHoldings@gmail.com  ,

              or call (704)652-2326.

2. Go to the Lease Option Application Link on our site, fill out the form completely.
     (You DO NOT have to give your SSN)
     a. The Application will then be forwarded to a Mortgage Specialist.
     b. The Mortgage Specialist will contact you to get your permission to run your credit.
          1. Upon looking at your credit, he will be able to determine the approximate length of time
               needed to improve your credit to get you into a conventional mortgage at a good interest
               rate.
          2. You will then be contacted to view the home.

3. Meet the Realtor at the home of interest. He will go over the terms of the contract with you.
     a. If you like the home and agree with the terms of the contract.   You sign the contract, pay the
         option money (down payment which is deducted from the purchase price at closing) & first
         month's lease.   Congratulations!   You move into your new home.
        1. While you enjoy your new home, your mortgage specialist will be working with you to
             repair your credit.

        2. At the end of the lease agreement, the realtor, and mortgage specialist will assist you in
           closing.
            *If you do not choose to excercise your option to buy, you move on (the option money is
              not refundable)
            *Credit restoration is not guaranteed.   It will be your responsablilty to follow the program
               given to restore your credit. Any credit restoration service that guarantees credit repair
              is probably a scam.
    b. If you do not like the home. We can assist you in finding another one.

The process takes about a week or less. Contact us if there are special circumstances. We realize life is anything but predictable.   If we need to assist you in a more timely manner, we may be able to do so.   We receive many applications & many requests.   The above is just an outline we try to go by to streamline the process and be able to help as many clients as possible.

It is our goal to treat our buyers and sellers with courtesy and respect, looking out for the well being of all parties involved. We look forward to serving you, and thank you for your business.

Starnes Holdings and Investments, LLC

Marketing Real Estate for wholesale properties owners and investors.