Scenarios and Comp Plans
Case Study #1
Debra and Charles came to Lease2OwnAmerica™ with one goal in mind – be in their new home before Charles started chemotherapy.
They owned a home they loved – but could no longer keep up with the huge yard and the expenses of running a large property. Between their existing mortgage, medical expenses and a decrease in income, Debra and Charles would not qualify for a traditional mortgage for at least 12 months. Rather than rent and pay landlords, they turned to Lease2OwnAmerica™.
Lease2OwnAmerica™ helped these awesome clients find a beautiful home and negotiated terms satisfying budget and quick closing timeline.
OUTCOME: Debra and Charles are very happy with Lease2OwnAmerica™ process, program and end result.
In this case, no commissions are awarded as Debra and Charles came into program via website without Listing or Buyer Agent representation.
Case Study #2
John and Melanie lost their financing three days prior to closing their home. Fortunately, their lender is a referral partner and sent them to Lease2OwnAmerica™. Lease2OwnAmerica™ contacted John and Melanie’s Realtor and asked that she represent us as the new buyer.
OUTCOME: Lease2OwnAmerica™ secured the contract for the same sales price. The client entered into a short term contract with Lease2OwnAmerica™ including a manageable lease payment, a portion of their option being refundable — and most importantly — Lease2OwnAmerica™ agreed to sell client the home once their financing is secured. Our program allows us to customize services based on the clients needs.
At closing, 3% was awarded to Buyer Agent from Listing Agent.
Case Study #3
Bob and Polly are both self-employed with a good income. Bob owned his own construction company which took a significant financial loss in 2019. This loss snowballed into a hefty unpaid debt while also negatively impacting their overall credit score.
Lease2OwnAmerica™ approved Bob and Polly for a beautiful $225,000 home purchase because of our unique underwriting treatment (Lease2OwnAmerica™ is not FDIC regulated and celebrates a 85% approval rating!)
Lease2OwnAmerica™ took into consideration the client’s current income and the strides they were actively taking to payoff their debts while also building a saving account. Lease2OwnAmerica™ weighed the probability of Bob and Polly getting back on their feet based on past successes.
OUTCOME: Bob and Polly love the Lease2OwnAmerica™ program!
At closing, 1% was awarded upfront to Buyers Agent. If client refinances within a 12 month period, Agent will be rewarded with an additional 2% commission of purchase price.