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Lease Option Solution for Distressed Sellers & Buyers

FOR SELLERS:

As a Real Estate Agent I am acutely aware that my services cannot be used by many homeowners for various reasons:

No Equity in the home.

Resistance to giving Agents "All that money!"

The time it takes to go through the Sale and Escrow process

Need to just "Get out from under the payments...."

We have a program in which we will purchase your home if you are will to accept certain terms. We understand that it will not work for everyone, but if you are willing to discuss it, it may just be the solution for you as a homeowner. We believe we can get you out in 30 days or less!

FOR BUYERS:

We can get you into a home of your own WITH NO BANKS NEEDED and a small option consideration. This is called a lease/purchase where a portion of the lease payment goes toward your down payment.

Frequently Asked Questions

We have compiled the following list of frequently asked questions, and you will be happy to learn that we are very open about how everything works. If you have a question that you do not find here, please feel free to call Clive Sampson anytime at: 1-562-984-7520

Q: How does this "I Buy Houses" thing work?

A: It really is as simple as it sounds; we are real estate investors who purchase single and multi-family homes. After we buy your home, we will either fix it up and sell it, fix it up and rent it, sell it "as is" or rent it "as is". What we do with your home after we buy it depends on too many things to list here, but we do enough home purchases and sales that making little to no money on your home right now is not a problem.

Q: But what if my house is in VERY BAD shape?

A: It really doesn't matter what condition your home is in because we can fix just about any problem your home might have. If your home has a problem that we can't fix, we will hire someone who can. Even if the only thing holding your home up is the termites, there is still a good chance we might buy it from you, for we are also interested in vacant, or soon-to-be vacant, residential land.

Q: My home is in good shape, but I have no equity. Can you still help me?

A: Most likely, yes we can. The only thing that can be a problem for us is negative equity, and even that can be handled in many situations.

Q: Why would I sell to you when I can sell my home through an agent?

A: We are so glad you asked this question. There are many advantages to selling directly to an investor. Some of those Reasons are:
1. We do not care about your housekeeping. It doesn't matter what your house looks like. We do not even care if you stop doing your dishes three weeks before showing your home. However, an agent will insist you keep your home in "show" condition at all times while he or she is trying to sell it.
2. You do not have to make any repairs. As we said above, the condition of your home will not be a determining factor in whether or not we can help you. Go ahead and leave the holes in the walls.
3. We can purchase your home VERY quickly. In certain situations, we can even close in as little as 72 hours. Depending on the time of year and other factors, selling your home through an agent takes several months, IF they can even find a buyer.
4. It is a "for sure" sale. When you list your home with an agent, yours is just one of many homes that your agent is trying to sell. You hope they sell your home quickly, but there is no guarantee. Maybe they will find a buyer--maybe they won't. When you contact us, we can make a quick decision and tell you immediately whether or not we can buy your home, GUARANTEED , and, after making a decision, we can close very quickly. No waiting. No wondering. It is a done deal.

Q: So exactly how do we set this up?

A: We lease-option your property for a period of 2 or 3 years. We pay you an option consideration of approximately $10,000 (on a $500,000 house) or $15,000 (on a $750,000 house), which will act as a down-payment. This purchase option will be at your full price. We receive from you the right to sell, rent or lease to anyone else. We may complete the transaction within a much shorter period than the option.

You will be relieved of the maintenance on the property for whatever period it takes to transfer title, but you will continue to receive the tax benefits.

We will make the payments directly to the mortgage holder until the transfer of title, with the non-taxable difference sent directly to you, so you will have income for the period of the option.

When you are ready to take the next step, simply contact Clive Sampson by phone at 1-562-984-7520 or email at clive@southern-cal-homes.com.