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License to Convey, Mortgage, or Lease Personal Estate Vermont Form

License to Convey, Mortgage, or Lease Personal Estate Vermont Form

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but the people we deal with are the people that are in between that want to be a homeowner don't want to be a renter but yet want the home ownership so what do we do we put them in with a lease with an option to purchase we typically do a fiveyear lease term and the reason why we do so long is we are turning around and helping them fix whatever they need whether it be a credit deal whether it be their employment they can't get a traditional mortgage today we turn it over to a third party under writer so that they can pre-qualify them so they're okay through Dodd Frank and the Safe Act then at that point we become the bank for them instead of going to a traditional bank they can do that if they want to we don't force them to do ours but I don't charge any fees like the banks do so 99% of the time they will come to us to do that financing because we don't ask for any additional down payments there will be a little bit of closing cost for ti

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