All posts by Michael

Join The Buyers List

To join our buyer’s list (and therefore to be informed when we have new homes available… that are EZ to Own) please fill out the form below:  ( * = Required field)

Note:  For your downpayment, we can work with tax refunds, equity in other homes, bonuses, future settlements, retirement funds, 401k, etc. and take personal property you may want to trade such as cars, boats, RV’s, motorcycles, trucks, etc.

Other than submitting your information above, here’s how to contact me:  571-733-9044, Michael@EZ2Own1.com.

Welcome

The American Dream of owning your own home is out of reach for so many people in this area, not only because of the high property values in Northern Virginia, but also because of strict bank rules about who can qualify for a mortgage.

If you’ve had a bankruptcy, it stays on your credit report for 10 years. If you’ve had a foreclosure it dings your credit for 7 years. If you miss some payments, your score goes way down, etc. And then the banks won’t talk to you. They show you the door.

This is where EZ2Own1 comes in. While we will not put someone into a home they can’t afford, we’re more lenient about credit scores than a bank. We’re happy to listen to the story behind why you have some dings on your credit report. We’re willing to work with people who need time to repair their credit before they can actually go to a bank and get traditional financing.

The bottom line is if you can bring a reasonable down payment and can afford the monthly payment, we can probably put you into a nice home. Please check out our Lease Purchase page to learn more about how you can start living in a home now and then eventually buy it when you’re credit picture is “worthy” in the bank’s eyes.

Pick one out

Please have a look at the properties we have available now and even feel free to drive by them (don’t knock on the door… but drive by and see if you like them from the outside, and see if you like the neighborhood). (We will ask you to do a drive by before we make an appointment for you to see inside. This is one of the things that we do a little differently that a real estate agent.)

Then give us a call at 571-733-9044.  And when you’re ready, fill out an application.

Properties

…No properties at this time…

DON’T BE DISCOURAGED:  if you haven’t read the other pages on this site, then you may not know that you have a rare opportunity with us.  We help families move into nice homes in nice neighborhoods, even when their credit is not strong and banks wouldn’t consider giving them a mortgage.

See how lease purchase can help you move into a home now, giving you ample time to clean up your credit.

And you can join our buyer’s list now.  That way you’ll be the first to know when a new property becomes available.

 

 

My Credit is Not Great

So many people nowadays can’t walk into a bank and apply for a mortgage and get approved. In fact, because of the banks’ strict requirements the vast majority of Americans can’t get a bank loan to buy a home right now.

Because the banks are afraid of being accused of “predatory lending” or issuing “sub prime” mortgages, they have now instituted very strict criteria for home mortgages. And it’s left a lot of would-be home owners stuck in apartments.

If this is you, if you’re shut out from bank financing because of some imperfections on your credit report or because your credit score is not high enough… talk to us. We may be able to help you.

How we can help

If you can afford a reasonable down payment and you can afford the house payment then it’s likely that we’d be able to put you into one of our homes.

And you can enjoy living in a wonderful home, already, starting now, and eventually a few years from now… as you clean up your credit… you can qualify for bank financing.

This type of arrangement is called a lease purchase. At first you lease the home, but you have the option to buy in the future (it’s also called a lease option). You have a certain number of years to arrange traditional financing.

You have YEARS before you have to go out and get a loan but you get to live in the home already. We’re quite flexible, but as I said above, you do have to be able to afford the home and you do have to bring a reasonable down payment.

Left out in the cold

A lot of people have to declare bankruptcy because of medical bills. Some people have a period of time where they were missing payments because of a job loss. And so on. And banks look at this and they don’t want to hear the explanation, so the loan committees won’t approve you and you’re left in the cold.

So, please get in touch with us and understand that we are more lenient, more understanding and we’ll listen to your explanation.

We accept explanations instead of being too demanding about credit history. You don’t have to be a perfect candidate to qualify with us.

So, have no fear of rejection and  fill out an application.

What is Lease Purchase?

A lease purchase is a non traditional way of buying a home which is sort-of stretched out over a period of years. The great thing is, you actually start living in the home before you take ownership of the home. During the lease period, you get to enjoy the use of the property for just a down payment + an affordable monthly payment. (It should go without saying that we can only approve you for a house that you can comfortably afford.)

You lease the house and move in now… and the lease purchase contract also gives you the option to buy, any time during the lease period… anytime you can put traditional financing (a 30 year mortgage) in place, you can become the owner of the home.

Note: you have the option but not the obligation to take ownership. It’s really up to you.

Advantages for you

While you’re living in the house, expecting to buy it in the future, you can choose your own paint colors, plant a garden, install carpet or remove the carpet, etc.

Again, a lease purchase is a form of a purchase. It’s just stretched out over a period of years, but you get to move in right away. This gives you plenty of breathing room (time) in order to get your credit improved… we can put you in touch with credit repair specialists. And of course, a history of paying your bills on time will naturally increase your credit score.

Sign me up

If this interests you, take a look at our currently available properties and just as importantly, join our buyers list, so you’ll be the first to know when we have new homes.