How (and Why) it Works                                                                                Return to Home to submit your Property

According to the National Association of Realtors only 8% of all homes sold are sold For Sale by Owner.  So, needless to say if you are trying to sell your house as a FSBO the odds are not in your favor.  It's clear you are trying to save money by not paying a real estate commission, but most of you will throw up your hands in frustration and do just that, hire a real estate agent (or just take your house off the market).

We want you to know there is a viable option. Depending on your situation this other option could put a lot more money in your pocket.  The average listing commission is 6%, and every buyer expects you to pay closing costs.  Also, unless your house is the best of the best, buyers will want a concession off the sales price. Then they will get a home inspection and want you to fix every little thing the inspector finds. That could add up to thousands of dollars.

So, with the 6% commission, say 2% price concession, 2% closing costs, say 1% (could be more) for repairs, and 1% for other closing costs.  Also, there is additional time to market the property, and then you have to wait for the buyer to be approved (if they are approved, which is another story). Figure another 1% or more for carrying costs (taxes, insurance, utilities, interest), and you will have at least a 13% reduction from the listing price.  For example, on a $200,000 house the selling expense would be $26,000 and your net would be $174,000.

We have developed an exclusive sales plan that can sell your house fast and for more money. Typically we can get full retail value or close-to-full retail value but at a fraction of the cost (and time) of selling traditionally.  This is made possible by selling your house through our Executive Lease Purchase Program.

If you can be flexible and can invest some time into your house, we can maximize your return and move you forward to the next chapter for your house.

We are a Real Estate Investment firm that specializes in executive level lease purchases and owner financing in Louisville, Ky and other nearby areas. We will structure the sale agreement to buy your house from Day One with your terms, your conditions, and your needs fully realized.  Then we will use our proprietary marketing strategies to locate a qualified tenant-buyer to lease-purchase your house.  This tenant-buyer will ultimately qualify for a mortgage within a specified and agreed-upon period of time and cash you out.  We are always marketing for new buyers, and we always have a waiting list wanting a Lease to Purchase home.  Our tenant-buyers typically become mortgage ready in 6 - 18 months.

It makes sense that most buyers that are loan ready or have cash will want to work with an agent.  In actuality, this is a small portion of the pool of potential buyers.  We target buyers in the larger pool of buyers, those people that are not quite loan ready.  We qualify them just like a lender would, verifying job, income, credit, credit score and credit history, debt-to-income ratios, mortgage readiness, as well as criminal background checks. We learn the specific reasons a buyer cannot finance today and develop a concise blueprint how to get them financed.  Every buyer is vetted thoroughly and you will have full approval rights on anyone we find.  And they will be responsible for any repairs and expenses for the house, so you don't have to worry about it.

A lease purchase, or rent to own, is fairly common in the lower price ranges.  However, we have developed a niche in a higher priced home, thus the "Executive Lease Purchase".  We deal with a lot of professionals that you might not consider to have financing challenges, but you would be surprised.  Here's an example:  many doctors have tons of debt and in their beginning days can't get a loan, even though they make good money.  Our program allows them to get into a house sooner than they might otherwise, and they are grateful for the opportunity.

So here's something to consider.  When we enter into an agreement with a tenant-buyer they typically agree to pay full market value.  They don't ask for all of the concessions and repairs that a normal buyer would.  They pay all of the closing costs.  AND, they pay you rent during the term of the agreement.  So, you save approximately 13% as explained above, plus you have monthly income until they cash you out.

Let's use the example of the $200,000 house above.  You would save $26,000 in selling expenses, and receive income of let's say $18,000 during the term of the agreement (if is 12 months).  That's $44,000 extra.  Our usual fee is $10,000 plus the first month's rent, so just deduct approximately $12,000 and you have netted an additional $32,000 over the 6 - 18 months.

Our experienced team takes care of the whole process from beginning to end.  If your home is listed with an agent we can usually agree to a mutually inclusive arrangement to get your property sold quickly.  Also, our agreement with you is Non-exclusive, which means you can continue to try and sell your property while we are locating and qualifying a tenant-buyer.  You can cancel our agreement at any time for any reason until you sign an agreement with a tenant-buyer.

Contact us Today!

We are experienced real estate investors in Louisville, Kentucky and specialize in off-market properties.