Hello!  My name is Lucia Brooks and I wanted to let you know that I can help you locate "Hidden" lease purchase homes in Alpharetta, GA today!

I have helped hundreds of families find and lease purchase homes for their families, I know I can help you do the same!

Call me today at 404-803-0483 for a FREE, No Obligation, No Risk, Lease Purchase Consultation for complete details.

Better Homes and Gardens Real Estate Metro Brokers. See all lease purchase homes in Alpharetta GA today, search the mls, see multiple photos, maps and more.

I have gathered a wealth of information here to help you with all of
your real estate needs, from all the latest homes for lease purchase/rent to own in Alpharetta GA, to great information for both home renters and those looking to Lease Purchase or rent to own.

All you have to do to get started is click on any of the links on this page.  Enjoy these tremendous online tools and remember that you can also count on me to help you every step of the way.  Please contact me if there is anything I can do to help.

Todays hot real estate market conditions are making it nearly impossible to find any lease purchase opportunities!  Just click on the search links below and you will see what I am talking about!

The good news is that I am helping many visitors to this page get qualified to actually purchase a home right now instead of trying to do a lease purchase.

There are many low and no down payment options available and credit requirements are not nearly as tight as they were a couple of years ago.  Many of my visitors have been pleasently surprised to find out they could actually qualify to buy a home instead of searching for a lease purchase opportunity!

Please call me today at 404-803-0483 for your free, no risk, no obligation consultation.  I have home loan specialists available to help you determine where you currently stand and can guide you on fixing your credit even if you are not quite ready to make a purchase yet.  You really have nothing to lose so why not call today! 

If you're searching for wonderful schools, remarkable atmosphere, family lifestyle, independence from the heavy traffic of Downtown Atlanta, yet need to still be in close proximity to Atlanta, or need to get to the airport quickly then living in Alpharetta may be one of your best bets. You can overcome the rush hour jams by leaving home at 7 in the a . m . and be at your downtown destination within 30 minutes or you can be moving your luggage into Hartsfield International in 40 minutes. And you will be enjoying some of Atlanta's most recognized communities when choosing to live in Alpharetta, Ga.

Outstanding schools, shopping, and access to jobs blended with a great deal of green space and a country setting have made Alpharetta one of the signature destinations near Atlanta today. Alpharetta was chosen by Nick Jr. Family Magazine as one of the Ten Most Playful Towns in America in 2004 - with all our things to do, recreational areas, sporting events and absolutely terrific neighborhood communities, Alpharetta offers a truly fantastic home for devotees of the suburban lifestyle. So many things have changed here in just the last 10 years alone that you will be impressed. Nearby Atlanta is constantly rated as one of the leading metropolitan areas in the U.S. for enterprise and family living and Alpharetta is one of the most popular real estate markets in Metro Atlanta for both business oriented and domestic real estate.

Alpharetta, Georgia was basically a simple farm town until GA 400 was expanded from I-285 into Alpharetta which provided entry straight into downtown Atlanta. This expansion or "leg" of GA-400 is a toll road but that has not hindered builders and developers from pouncing at the opportunity to purchase the wonderful undeveloped farm and horse ranch properties available. This transformed Alpharetta into one of our most affluent Atlanta suburban areas.

With the finalization of the bulk of the road expansions of Alpharetta's east side the area grew so quickly with residential, retail and commercial construction that the roadways needed to play a bit of catch-up. With traffic now operating efficiently Alpharetta has started focusing on more fantastic things. Many great businesses have made the decision to make their corporate headquarters here. They are taking advantage of the better real estate pricing than that which exists in downtown Atlanta. They also realize that the substantial professional and executive work force that calls Alpharetta home is perfect for their needs.

All in all, Alpharetta living just makes sense, no matter how you look at it!

A lease purchase (also "rent-to-own purchase") is a lease combined with an option to purchase the property within a specified period, usually 3 years or less, at an agreed-upon price. The borrower pays an option fee, 1% to 5% of the price, which is credited to the purchase price. The borrower pays rent, and an additional rent premium that is also credited to the purchase price. If the purchase option is not exercised, the buyer loses both the option fee and the rent premium.

As with any kind of financial contract, lease purchase deals can be structured in such a way that all the benefits flow to one of the parties and none to the other. Buyers especially need to be careful. But lease-purchase plans have a solid economic rationale, which means that they can be structured so that both parties benefit.
 

Contract Features of a Lease Purchase Agreement

The major provisions of a lease purchase agreement are as follows:

The sale price of the house and the rent are market-determined, yet subject to negotiation just as in a straight purchase or rental transaction. Buyers often know less about the market than sellers, which places buyers at a disadvantage unless they do some homework, which is advisable.

Buyers generally prefer a long option period because it provides more time to build equity and repair credit. A long period can boomerang on them, however, if they are never able to exercise the option, since they lose the rent premium they have been paying all the while, in addition to the option fee. Sellers generally prefer a short option period, but if it is too short, the house won’t be sold.

The option fee and rent premium are viewed differently by buyers and sellers. To the buyer, they are part of the equity in the house they will soon own. Fully anticipating that they will exercise the option, the only cost is the interest they would otherwise have earned. To sellers, however, these payments are the best guarantee that their houses will sell; if they don’t sell, the payments are retained as income. That the benefit to the seller generally exceeds the cost to the buyer makes the lease-to-own deal a possible win-win.

A lease purchase also may give the renter/buyer the right to assign the option to buy. This will usually have considerable value to the buyer, because it means that the option can be sold in the event that it has value but the buyer is not able to exercise it. It is a cost to the seller for the same reason.

An experienced real estate agent can negotiate the terms of a lease purhcase favorably for you.  Real estate agents have a great deal of negotiating experience and can provide you with a wealth of knowledge that could save you time, money and prevent a lot of frustration.

Call 404-803-0483 to find out how a real estate agent can help you find a great lease purchase home and negotiate a favorable lease purchase option today!

What is a lease or rental agreement?

When the landlord has decided to rent to the tenant and the tenant has chosen to rent from the landlord, they will enter into a lease or rental agreement. These are contracts, either written or oral, in which the landlord grants to the tenant exclusive possession of a premises in exchange for rent for a period of time.

Can leases be negotiated?

Yes. Leases are not written in stone, even though standard forms may seem that way.

Most standard leases are written by lawyers who favor landlords. Tenants should try to remove clauses they do not like. They should try to add conditions that they want, such as the right to own pets or to have the landlord paint the premises.

Likewise, of the scores of standard forms available, none is likely to meet the needs of every landlord. Some fail to spell out which utility services the tenant pays for and which ones the landlord pays. Others fail to allow the landlord the right ever to enter the premises without the consent of the tenants. Landlords have as much right as the tenants to alter the lease terms to cover such things.

How should the tenant or the landlord change the lease if either doesn't like certain clauses?

If either one can persuade the other to remove a particular provision, that provision should be marked out in ink on all copies. The marked-out sections should then be initialed by both the landlord and the tenant.

Many preprinted forms contain large blank spaces for the landlord and tenant to write additional agreements, which become part of the lease. These inserted paragraphs should be initialed by both landlord and tenant. If the spaces are absent or are too small, the additional terms should be written on a separate sheet of paper and signed by both the landlord and tenant.

Believe it or not you can have a real estate agent negotiate the terms of a lease for you as well.  Many real estate agents have a great deal of negotiating experience and can provide you with a wealth of knowledge that could save you time, money and prevent a lot of frustration.

Call 404-803-0483 to find out how a real estate agent can help you find a great rental home and negotiate a great lease today!