Why Buy Owner-Financed Homes?

San Diego Real Estate. Just give me just 3 minutes of your attention and I'll show you how you can save $1,000 to $25,000 on the purchase of your next San Diego home.

Downtown San Diego Condo
850-Beech-Street.com
San Diego, CA 92101

Why deal with Us?

We are Reasonable, Negotiable, Flexible and Generous with our Owner Finance Terms!
We welcome Good Tenants who want to upgrade and become homeowners.
We welcome people with Marginal credit. SHAKY CREDIT? That's all right!
Exceptional & Customized Finance Program-: We don't have a required dollar amount that is necessary to put down to move in.
Down payment amount is negotiable and if reasonable we will try to work with you.
We welcome Self-Employed buyers.
We consider family circumstances on a case-by-case basis.
Strict client confidentiality

Have you experienced this?

Real estate agent not able to help you buy a home?
Told that you can't qualify to buy a home at this time?
Turned down by the bank?
Turned down by a mortgage broker?
Told you need a large down payment to qualify?
Still can't qualify even with a good job & good credit?
You are a great tenant but want someone to give you a chance to own your own home?

What kind of financing do you provide with your "Rent to Own" program?

We provide short-term, intermediate financing to help families, who cannot immediately qualify for a conventional mortgage, buy a home.

We typically finance the house for one year with the right to extend an additional year so that you can qualify for a Refinance loan to fully transfer the house into your name.

During this one to two-year period as you enjoy living in the home, you will clean up your credit, improve your financial situation, earn credits towards the refinance, and establish a solid 12-month payment history.

The primary method of this short-term financing is provided by a lease with purchase option. This method of owner-financing is well accepted by most lenders and superior to most programs you see today due to its simplicity and relatively low-cost of implementation.

Why do I want a Refinance loan?

You ultimately want to have ownership transferred into your name. A Refinance loan is typically easier to qualify for than a New Purchase loan because conventional lenders and mortgage companies look to a 12-month payment history as the basis of a refinance.

We have Zenith Trustee Service collect the rent. They will keep copies of all checks and money orders you pay to us within their files to show your 12-month payment history to a conventional lender or mortgage company. Another benefit of a Refinance loan is that once you pay the upfront money to us, you will usually not have to come "out of pocket" or pay any more money for the refinance loan. All the loan fees and closing costs you typically have to pay in a New Purchase loan would instead be "rolled into" the Refinance loan.

What will happen if we cannot get it refinanced after two years?

We are not in the business of removing people from houses. If you have maintained the house, made timely payments to us, and been a good resident, we can (for a small fee) extend the contract one year to give you more time to qualify for a refinance. We can extend the contract one-year at a time until you do qualify for a refinance. However, for each one-year extension, you may be subject to an extension fee, a monthly payment increase, and a refinance price increase. Because we are not in the long-term financing business, we only do this to provide you a good incentive to refinance in a timely manner.